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Monmouth 07746
46 Damascus Drive
$480,000
● House - Off Market

46 Damascus Drive

Marlboro, NJ 07746
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$792,081
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Beautiful very well kept 4 bedroom, 2 1/2 bath home located in the sought after Paddock Club. Very private large backyard w/swingset & patio. This home has a 2 car garage plus large unfinished basement. Extremely large master suite w/a wall of 3 double closets in the master bedroom & a sitting area. Attached is an on suite w/a full bath w/tub & separate shower. 2nd flr w/gorgeous newer flooring. All bedrooms are a generous size & have great closet space.Pool is not in the backyard of the home,it is the development pool and is located in the development at 92 Cannonade Drive. A $400 annual fee is due by each owner in the Paddock Club. The Pool is just for the Paddock Club neighborhood & it has a playground, his & her bathrooms, bike racks, parking lot,& lifeguards onsite
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$762
HOA Dues
$33
Year Built
1981

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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 #21734522)

Price History

Date / Event Date Event Price
Dec 28, 2017 Sold
Premium
Sold
Sep 1, 2017 Listed by C21/ Action Plus Realty $500,000
Listed by C21/ Action Plus Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • 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: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 587
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 21,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,413
  • Building Area: 2,413
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,413
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000482
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Marlboro Township School District
  • Census Tract: 809704

Zoning

  • Zoning: PAC

Geography

  • Assessors Map Reference: TAX MAP 151
  • District: 30
  • Parcel: 30 00404-0000-00019
  • Block: 404
  • Lot: 19
  • Municipality: MARLBORO TWP
  • Latitude: 40.3019
  • Longitude: -74.2768

    Address

  • Full Address: 46 Damascus Dr
  • Address - House Number: 46
  • Address - Street Name: Damascus
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Marlboro
  • Carrier Code: C014
  • 4-Digit Zip Code: 1955
  • Zip Code: 07746

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,011,531

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 749,470
  • High Value: 871,742
  • Low Value: 627,198

    Market Valuation

  • Market Total Value: $424,300
  • Market Land Value: $184,800
  • Market Improvement Value: $239,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $424,300
  • Assessed Land Value: $184,800
  • Assessed Improvements Value: $239,500

    Sales

  • Current Sale Contract Date: Dec 22, 2017
  • Current Sale Recording Date: Jan 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018009241
  • Previous Sale Recording Date: Mar 23, 2006
  • Previous Sale Contract Date: Mar 16, 2006
  • Previous Sale Amount: $535,700
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$725,000

Sale Price/ft²

$383

Above Asking

0.55%

Average Days on Market

63

Average Home Size

1952 ft²

Average Home Age

45 years

Currently For Sale

2930 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: Christine Lundberg, C21/ Action Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21734522
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 46 Damascus Drive built and last sold?
The property at 46 Damascus Drive was built in 1981 and last sold on Dec 22, 2017 for $480,000.
How much is this home worth?
The estimated value of the home located at 46 Damascus Drive is $0.
What are some comparable homes to 46 Damascus Drive?
There are currently no comparable homes to 46 Damascus Drive.
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