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Monmouth 07731
45 Pitch Pine Lane
$600,000
● House - Off Market

45 Pitch Pine Lane

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$692,304
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Located in the sought after ''Toscana'' community in North Howell, this 4 bed 2 ½ bath home is on a large lot with fence.  Enter into a 2 story foyer with living and dining rooms on either side. Continue to the spacious and bright open floor plan area which includes: a large kitchen, family room and vaulted ceiling sunroom, creating the perfect entertainment space. The main bedroom and bath offer vaulted ceilings, a walk-in and second large closet, dual sinks, a soaking tub and marble floor. Many extras include: 9ft. ceilings, crown molding throughout, stone gas fireplace, custom interior shutters. Newer A/C and hot water heater. 5 ft. basement for storage, deck, shed and pergola both with electric. 2 car garage and more! Close to shopping and restaurants. A must see!
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$791
HOA Dues
$25
Year Built
2003

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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: 3 years ago (MOMLS #22110764)

Price History

Date / Event Date Event Price
Jul 28, 2021 Sold
Premium
Sold
Apr 10, 2021 Listed by Diane Turton, Realtors-Spring Lake $599,000
Listed by Diane Turton, Realtors-Spring Lake

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,267
  • Total Building Area: 2,469
  • Building Area: 2,469
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,469
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811301

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 7.24
  • Account Number: 05626162
  • District: 21
  • Parcel: 21 00138- 12-00009
  • Block: 138.12
  • Lot: 9
  • Municipality: HOWELL TWP
  • Latitude: 40.1885
  • Longitude: -74.2565

    Address

  • Full Address: 45 Pitch Pine Ln
  • Address - House Number: 45
  • Address - Street Name: Pitch Pine
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Howell
  • Carrier Code: C005
  • 4-Digit Zip Code: 5038
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,040,008

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 705,499
  • High Value: 837,986
  • Low Value: 573,012

    Market Valuation

  • Market Total Value: $568,000
  • Market Land Value: $226,200
  • Market Improvement Value: $341,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $568,000
  • Assessed Land Value: $226,200
  • Assessed Improvements Value: $341,800

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Aug 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021118293
  • Previous Sale Recording Date: Mar 15, 2004
  • Previous Sale Contract Date: Oct 31, 2003
  • Previous Sale Amount: $370,589
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ

    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:

$739,900

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

70

Average Home Size

2006 ft²

Average Home Age

45.6 years

Currently For Sale

1843 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

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MOMMLS

Listed by: Lauren Gill, Diane Turton, Realtors-Spring Lake
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22110764
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 45 Pitch Pine Lane built and last sold?
The property at 45 Pitch Pine Lane was built in 2003 and last sold on Jul 28, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 45 Pitch Pine Lane is $604,990.
What are some comparable homes to 45 Pitch Pine Lane?
There are currently no comparable homes to 45 Pitch Pine Lane.
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