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Monmouth 07731
452 Shady Lane
$532,500
● House - Off Market

452 Shady Lane

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$557,581
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

If you're looking for a NEW home feel in an established neighborhood, look no further!  This completely rebuilt and expanded home was completed end of 2021.  Home includes an open concept first floor with hardwood flooring, premium kitchen cabinets, modern granite countertops with a 7ft island.  First floor also includes a walk in pantry, laundry room and half bath.  Truly amazing.  Upstairs you will find 4 bedrooms with a bonus/flex room. The master bedroom is massive with 2 walk in closets and the gorgeous master bath boasts a freestanding soaking tub, large shower and double sink vanity.  Property Included goes all the way to the corner, seen in photos. Newer Septic system, 50yr roof, Hot water heater, Driveway and Well pump.  This home checks all of the boxes
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1958

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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: 3 years ago (MOMLS #22211362)

Price History

Date / Event Date Event Price
Jul 25, 2022 Sold
Premium
Sold
Apr 20, 2022 Listed by C21/ Action Plus Realty $545,000
Listed by C21/ Action Plus Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 125
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,470
  • Total Building Area: 1,929
  • Building Area: 1,929
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,929
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000422
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 20

Neighborhood

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

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 4.35
  • Account Number: 040000
  • District: 21
  • Parcel: 21 00081-0000-00019- 01
  • Block: 81
  • Lot: 19.01
  • Municipality: HOWELL TWP
  • Latitude: 40.1444
  • Longitude: -74.2325

    Address

  • Full Address: 452 Shady Ln
  • Address - House Number: 452
  • 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: $826,098

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 533,993
  • High Value: 640,288
  • Low Value: 427,698

    Market Valuation

  • Market Total Value: $443,900
  • Market Land Value: $227,100
  • Market Improvement Value: $216,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $443,900
  • Assessed Land Value: $227,100
  • Assessed Improvements Value: $216,800

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Aug 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 81102
  • Previous Sale Recording Date: Apr 07, 2014
  • Previous Sale Contract Date: Mar 26, 2014
  • Previous Sale Amount: $165,000
  • 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

0.55%

Average Days on Market

63

Average Home Size

1966 ft²

Average Home Age

45.1 years

Currently For Sale

2837 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 Smith Street, Howell, NJ, 07731

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,080 ft²
10 Smith Street, Howell, NJ, 07731 Listing by Clara Borras
Unit for rent at 6 Swan Road, Howell, NJ, 07731

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,276 ft²
6 Swan Road, Howell, NJ, 07731 Listing by Virginia M Iliadis

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Felix Tamayo, C21/ Action Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22211362
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 452 Shady Lane built and last sold?
The property at 452 Shady Lane was built in 1958 and last sold on Jul 22, 2022 for $532,500.
How much is this home worth?
The estimated value of the home located at 452 Shady Lane is $0.
What are some comparable homes to 452 Shady Lane?
There are currently no comparable homes to 452 Shady Lane.
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