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Monmouth 07731
48 Frederick Avenue
$150,000
● House - Off Market

48 Frederick Avenue

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
1 Bath
square feet
953 Ft²
$342,979
RealtyHop Estimate
128.65%
Since Mar 1, 2012
National-US
Primary Model

About This Property

Great starter home on wonderful ac lot, Large 2 gare detached garage. Needs a little TLC, septic upgrade 2 years, well system 3 years and is owned. Full basement, fenced in property. Subject to third party approval.
Unit Size
953 Ft²
Days on Market
-
Land Size
-
Price per sqft
$157
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1950

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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 #21134399)

Price History

Date / Event Date Event Price
Feb 24, 2012 Sold
Premium
Sold
Sep 12, 2011 Listed by RE/MAX First Realty $150,000
Listed by RE/MAX First Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 953
  • Garage Type: 4
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,200
  • Lot Size Depth Feet: 4,000
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 953
  • Building Area: 953
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 953
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000946
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811200

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 7.10
  • Account Number: 051550
  • District: 21
  • Parcel: 21 00128-0000-00003
  • Block: 128
  • Lot: 3
  • Municipality: HOWELL TWP
  • Latitude: 40.1734
  • Longitude: -74.2343

    Address

  • Full Address: 48 Frederick Ave
  • Address - House Number: 48
  • Address - Street Name: Frederick
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Howell
  • Carrier Code: R001
  • 4-Digit Zip Code: 8566
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $397,351

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 329,751
  • High Value: 390,674
  • Low Value: 268,827

    Market Valuation

  • Market Total Value: $213,400
  • Market Land Value: $98,800
  • Market Improvement Value: $114,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,400
  • Assessed Land Value: $98,800
  • Assessed Improvements Value: $114,600

    Sales

  • Current Sale Contract Date: Feb 24, 2012
  • Current Sale Recording Date: Mar 15, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012027306
  • Previous Sale Recording Date: Mar 17, 2004
  • Previous Sale Contract Date: Feb 06, 2004
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: 27

    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:

$724,900

Sale Price/ft²

$384

Above Asking

0.56%

Average Days on Market

64

Average Home Size

1961 ft²

Average Home Age

45.2 years

Currently For Sale

3012 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: Frances Liteplo, RE/MAX First Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21134399
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 48 Frederick Avenue built and last sold?
The property at 48 Frederick Avenue was built in 1950 and last sold on Feb 24, 2012 for $150,000.
How much is this home worth?
The estimated value of the home located at 48 Frederick Avenue is $0.
What are some comparable homes to 48 Frederick Avenue?
There are currently no comparable homes to 48 Frederick Avenue.
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