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Monmouth 07731
418 Shady Lane
$430,000
● House - Off Market

418 Shady Lane

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,504 Ft²
$466,684
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Welcome home! This meticulous home is move-in ready...nothing to do but unpack!  This home boasts a spacious living room with wood-burning fireplace and formal dining room along with an updated eat-in kitchen with granite counter tops,tiled backsplash and porcelain tiled floor. The primary bedroom includes a full bath with shower stall.  There is a separate laundry/mud room with plenty of storage and offers direct access to the 1 car garage.  Enjoy and entertain on the 19x19 rear wood deck overlooking serene yard. New roof and 2 year young Navian tankless heat/water heater. Currently w/w carpet but there are hardwood floors through out the home.  Located near highways, dining, and a plethora of major retail stores. Don't let this one get away...call today!
Unit Size
1,504 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$292
Property Type
House
Property Taxes
$539
HOA Dues
-
Year Built
1975

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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 #22227452)

Price History

Date / Event Date Event Price
Dec 15, 2022 Sold
Premium
Sold
Aug 30, 2022 Listed by Childers Sotheby's Int Realty $439,900
Listed by Childers Sotheby's Int Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 9,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811304

Zoning

  • Zoning: R-3A

Geography

  • Assessors Map Reference: TAX MAP 4.35
  • Account Number: 039870
  • District: 21
  • Parcel: 21 00081-0000-00002
  • Block: 81
  • Lot: 2
  • Municipality: HOWELL TWP
  • Latitude: 40.1455
  • Longitude: -74.2283

    Address

  • Full Address: 418 Shady Ln
  • Address - House Number: 418
  • Address - Street Name: Shady
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Howell
  • Carrier Code: C010
  • 4-Digit Zip Code: 1919
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $704,389

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 522,400
  • High Value: 626,387
  • Low Value: 418,413

    Market Valuation

  • Market Total Value: $378,500
  • Market Land Value: $211,800
  • Market Improvement Value: $166,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,500
  • Assessed Land Value: $211,800
  • Assessed Improvements Value: $166,700

    Sales

  • Current Sale Contract Date: Dec 07, 2022
  • Current Sale Recording Date: Dec 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 120493
  • Previous Sale Recording Date: Feb 25, 2004
  • Previous Sale Contract Date: Dec 29, 2003
  • Previous Sale Amount: $230,000
  • 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:

$739,900

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1970 ft²

Average Home Age

45.6 years

Currently For Sale

1847 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 43 Frederick Avenue, Howell, NJ, 07731

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
43 Frederick Avenue, Howell, NJ, 07731 Listing by Natalie Pantelo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Cynthia Stiles, Childers Sotheby's Int Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22227452
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 418 Shady Lane built and last sold?
The property at 418 Shady Lane was built in 1975 and last sold on Dec 7, 2022 for $430,000.
How much is this home worth?
The estimated value of the home located at 418 Shady Lane is $0.
What are some comparable homes to 418 Shady Lane?
There are currently no comparable homes to 418 Shady Lane.
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