$699,000
●
House -
In Contract
39 Highland Avenue
Leonardo, NJ 07737
3 Beds
1 Bath,
1
Half Bath
1,448 Ft²
$4,271
Est. Monthly
About This Property
Classic Dutch Colonial with stained cedar shake, stone walkways &
historic architectural charm in sought-after Middletown! Showcasing
timeless appeal with original wood floors, stained moldings &
abundant windows streaming natural light, this home offers a lovely
living room, formal dining, sunroom & updated kitchen with LVT
flooring, cute dining nook, granite tops, stainless appliances &
tile backsplash. Upstairs boasts 3 bedrooms & a large full bath
with linen closet. Full basement with finished rooms, laundry &
half bath combo. Set on a premier .26-acre lot with flower/veg
gardens, fruit trees, fenced yard, long gravel drive, 3-car garage
& private ''Secret Garden'' with tiki bar! Minutes to Atlantic
Highlands, Seastreak NYC Ferry, Belford Ferry, NYC train, Red Bank
& Sandy Hook beaches
Unit Size
1,448 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$483
Property Type
House
Property Taxes
$838
HOA Dues
-
Year Built
1941
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (MOMLS #22625899)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Listed by Ward Wight Sotheby's International Realty | $699,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
Property Highlights
Parking Available
Parking Details
Has Garage
Has Open Parking
Parking Features: Gravel, Driveway, Off Street
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Attic, Dec Molding
Flooring Type: Carpet, Cement
Door Features: Storm Door(s)
Rooms: 11
Basement: Finished, Full, Heated
Exterior Details
Square Footage: 1448
Architectural Style: Dutch Colonial, Detached
Year Built: 1924
Building Area Total: 1448
Other Structures: Shed(s)
Construction Materials: Cedar
Patio and Porch Features: Deck
Lot Features: Irregular Lot, Fenced Area, Oversized
Lot Size Area: 0.26
Lot Size Units: Acres
Lot Size Acres: 0.26
Lot Size Square Feet: 11325.6
Lot Size Dimensions: 75x140 + 30x29
Water Source: Public
Financial Details
Tax Assessed Value: $685,600
Tax Annual Amount: $10,058
Utilities Details
Cooling Type: None
Heating Type: Natural Gas, Hot Water, 2 Zoned Heat
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Leonardo
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jacob L Smith, Ward Wight Sotheby's International Realty
Last Updated: 2 months ago
Data Source: MOMMLS, MLS# 22625899
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 months ago
Data Source: MOMMLS, MLS# 22625899
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017