$799,000
↓ $40K (4.8%)
●
House -
For Sale
48 Diamond Lane
Howell, NJ 07731
3 Beds
2 Baths,
1
Half Bath
2,028 Ft²
$4,961
Est. Monthly
About This Property
Welcome to The Radiance at Howell, one of Monmouth County's most
sought-after communities. This exceptional home offers the perfect
blend of space, privacy, and endless potential. Designed for
today's lifestyle, this 3-bedroom home features a flexible layout
with multiple opportunities to create a 4th bedroom, home office,
or playroom, allowing the space to evolve with your needs. What
truly sets this property apart is its premium oversized lot
offering nearly 3,500 square feet more land than the neighborhood
average. Whether you're hosting summer barbecues, relaxing by the
pool, or enjoying dinner on the deck, you'll appreciate the rare
privacy this backyard provides. It is the perfect setting for
entertaining, making memories or simply unwinding in your own
private retreat. Inside, you'll find a home filled with
possibilities, while outside you'll enjoy the kind of yard that's
nearly impossible to find in this neighborhood. If you need a home
with room to grow and a huge backyard, this is the one!
Unit Size
2,028 Ft²
Days on Market
70 days
Land Size
0.26 acres
Price per sqft
$394
Property Type
House
Property Taxes
$1,038
HOA Dues
-
Year Built
1995
Listed By
Sheri Taylor
EXIT Realty East Coast Shirvanian
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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 months ago (MOMLS #22622430)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2026 | Price Decreased |
$799,000
↓ $40K
(4.8%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed by Realty One Group Emerge | $839,000 | |
| Listed by Realty One Group Emerge | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Paved, Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bonus Room
Rooms: 8
Has Fireplace
Fireplaces: 2
Basement: Full, Partially Finished
Exterior Details
Square Footage: 2028
Architectural Style: Colonial
Year Built: 1995
Building Area Total: 2028
Patio and Porch Features: Deck
Pool Features: Fenced, In Ground, Pool Equipment
Pool is Private
Lot Features: Fenced Area
Lot Size Area: 0.26
Lot Size Units: Acres
Lot Size Acres: 0.26
Lot Size Square Feet: 11325.6
Water Source: Public
Financial Details
Tax Assessed Value: $806,800
Tax Annual Amount: $12,450
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Monmouth
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Listed by: Sheri Taylor, Realty One Group Emerge
Last Updated: 2 months ago
Data Source: MOMMLS, MLS# 22622430
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.
Last Updated: 2 months ago
Data Source: MOMMLS, MLS# 22622430
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