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Monmouth
40 Clover Hill Road
$1,575,000
● House - Off Market

40 Clover Hill Road

Colts Neck, NJ 07722
bedrooms
5 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
6,250 Ft²
$2,999,879
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model
Unit Size
6,250 Ft²
Days on Market
-
Land Size
1.77 acres
Price per sqft
$270
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21509572)

Price History

Date / Event Date Event Price
Jun 1, 2015 Sold
Premium
Sold
Mar 18, 2015 Listed by Gloria Nilson & Co. Real Estate $1,685,000
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 5,378
  • Building Area: 5,378
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 5,378
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Colts Neck Township School District
  • Census Tract: 809901

Zoning

  • Zoning: 5668

Geography

  • District: 10
  • Parcel: 10 00007- 02-00032
  • Block: 7.02
  • Lot: 32
  • Municipality: COLTS NECK TOWNSHIP
  • Latitude: 40.3376
  • Longitude: -74.2047

    Address

  • Full Address: 40 Clover Hill Rd
  • Address - House Number: 40
  • Address - Street Name: Clover Hill
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Colts Neck
  • Carrier Code: R087
  • 4-Digit Zip Code: 1049
  • Zip Code: 07722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,257,134

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,857,515
  • High Value: 2,187,295
  • Low Value: 1,527,734

    Market Valuation

  • Market Total Value: $1,450,600
  • Market Land Value: $335,000
  • Market Improvement Value: $1,115,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,450,600
  • Assessed Land Value: $335,000
  • Assessed Improvements Value: $1,115,600

    Sales

  • Current Sale Contract Date: May 27, 2015
  • Current Sale Recording Date: Jun 26, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015057949
  • Previous Sale Recording Date: Sep 23, 2004
  • Previous Sale Contract Date: Aug 30, 2004
  • Previous Sale Amount: $556,500
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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:

$724,999

Sale Price/ft²

$384

Above Asking

0.56%

Average Days on Market

64

Average Home Size

1954 ft²

Average Home Age

45.2 years

Currently For Sale

3008 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jean Ratushny, Gloria Nilson & Co. Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21509572
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 40 Clover Hill Road built and last sold?
The property at 40 Clover Hill Road was built in 2005 and last sold on May 27, 2015 for $1,565,000.
How much is this home worth?
The estimated value of the home located at 40 Clover Hill Road is $0.
What are some comparable homes to 40 Clover Hill Road?
There are currently no comparable homes to 40 Clover Hill Road.
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