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Monmouth
48 Maple Drive
$916,000
● House - Off Market

48 Maple Drive

Colts Neck, NJ 07722
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,888 Ft²
$915,036
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

TIMELESS APPEAL! Classic Center Hall Colonial sits on over an acre in the highly sought after Clover Hill neighborhood of Colts Neck. The inviting 1st floor offers an open sun drenched  LR with gas FP, chef's kitchen  equipped w/high end SS appliances  featuring a complimentary designed center island, a farm sink and slider opening to a Trex deck and pool, perfect for entertaining.  Off the kitchen is an oversized DR, half bath, mud room and a step down den w/custom built ins, WB FP.  Master bedroom offers a walk in closet and an ensuite bath. Additional 3 bedrooms  and a full bath round out the 2nd floor. Basement is finished with a half bath. NEW ROOF and SIDING, whole house generator and so much more...This home is a must see!
Unit Size
2,888 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$301
Property Type
House
Property Taxes
$1,074
HOA Dues
-
Year Built
1967

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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: 2 years ago (MOMLS #22134610)

Price History

Date / Event Date Event Price
Feb 8, 2022 Sold
Premium
Sold
Oct 22, 2021 Listed by Resources Real Estate $869,000
Listed by Resources Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 3
  • Basement Area: 1,180
  • Garage Type: 1
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 2,888
  • Building Area: 2,888
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,888
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Colts Neck Township School District
  • Census Tract: 809901

Geography

  • District: 10
  • Parcel: 10 00007- 10-00015
  • Block: 7.10
  • Lot: 15
  • Municipality: COLTS NECK TOWNSHIP
  • Latitude: 40.3298
  • Longitude: -74.2069

    Address

  • Full Address: 48 Maple Dr
  • Address - House Number: 48
  • Address - Street Name: Maple
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Colts Neck
  • Carrier Code: R081
  • 4-Digit Zip Code: 1166
  • Zip Code: 07722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,504,963

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 1,122,681
  • High Value: 1,336,091
  • Low Value: 909,270

    Market Valuation

  • Market Total Value: $967,200
  • Market Land Value: $415,200
  • Market Improvement Value: $552,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $967,200
  • Assessed Land Value: $415,200
  • Assessed Improvements Value: $552,000

    Sales

  • Current Sale Contract Date: Feb 02, 2022
  • Current Sale Recording Date: Feb 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 19587
  • Previous Sale Recording Date: Apr 18, 2001
  • Previous Sale Contract Date: Mar 24, 2001
  • Previous Sale Amount: $524,900
  • 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:

$744,560

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2020 ft²

Average Home Age

45.2 years

Currently For Sale

1812 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 Whelan, Resources Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22134610
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 Maple Drive built and last sold?
The property at 48 Maple Drive was built in 1967 and last sold on Feb 2, 2022 for $916,000.
How much is this home worth?
The estimated value of the home located at 48 Maple Drive is $0.
What are some comparable homes to 48 Maple Drive?
There are currently no comparable homes to 48 Maple Drive.
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