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Monmouth 07737
4 Walden Avenue
$383,000
● House - Off Market

4 Walden Avenue

Leonardo, NJ 07737
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,608 Ft²
$518,966
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Looking in Middletown? Nestled on a dead end street in the Leonardo section you will find this 4 Bedroom Bi-Level a hidden gem boasting many recent renovations including a new kitchen with stainless steel appliances, new flooring through-out the combination living room and dining room, new carpets installed on the first floor family room and bedrooms not to mention the home has been freshly painted throughout.  Still commuting? Ferry service is just minutes away and direct bus service is located within 1 block. How is that for convenience? Enjoy the local area eateries and shopping downtown Atlantic Highlands. Call for your private tour and discover the versatility this home has to offer.
Unit Size
1,608 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$246
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

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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 years ago (MOMLS #22035842)

Price History

Date / Event Date Event Price
Dec 8, 2020 Sold
Premium
Sold
Oct 5, 2020 Listed by NextHome Force Realty Partners $395,000
Listed by NextHome Force Realty Partners

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,608
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800400

Zoning

  • Zoning: B2

Geography

  • Assessors Map Reference: TAX MAP 42
  • Account Number: 7-2-1.5
  • District: 32
  • Parcel: 32 00445-0000-00011
  • Block: 445
  • Lot: 11
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4143
  • Longitude: -74.0634

    Address

  • Full Address: 4 Walden Ave
  • Address - House Number: 4
  • Address - Street Name: Walden
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C001
  • 4-Digit Zip Code: 1310
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $750,468

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 513,410
  • High Value: 614,341
  • Low Value: 412,478

    Market Valuation

  • Market Total Value: $431,800
  • Market Land Value: $206,700
  • Market Improvement Value: $225,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $431,800
  • Assessed Land Value: $206,700
  • Assessed Improvements Value: $225,100

    Sales

  • Current Sale Contract Date: Dec 02, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020156172
  • Previous Sale Recording Date: Jan 19, 2006
  • Previous Sale Contract Date: Jan 17, 2006
  • Previous Sale Amount: $368,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Monmouth

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

2038 ft²

Average Home Age

45.2 years

Currently For Sale

2779 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 10 Ocean Boulevard, Atlantic Highlands, NJ, 07716

$4,200 /mo

  • 2 Beds
  • 2 Baths
  • 920 ft²
10 Ocean Boulevard #8H, Atlantic Highlands, NJ, 07716 Listing by Lisa Musillo
Unit for rent at 1 Central Avenue, Atlantic Highlands, NJ, 07716

$3,750 /mo

  • 2 Beds
  • 1 Bath
  • 1,645 ft²
1 Central Avenue #20, Atlantic Highlands, NJ, 07716 Listing by Renee Astacio

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Janine Brady, NextHome Force Realty Partners
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22035842
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.

Frequently Asked Questions

When was property at 4 Walden Avenue built and last sold?
The property at 4 Walden Avenue was built in 1969 and last sold on Dec 2, 2020 for $383,000.
How much is this home worth?
The estimated value of the home located at 4 Walden Avenue is $0.
What are some comparable homes to 4 Walden Avenue?
There are currently no comparable homes to 4 Walden Avenue.
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