$600,000
↓ $10K (1.6%)
●
House -
For Sale
48 Markwood Drive
Howell, NJ 07731
3 Beds
2 Baths
1,565 Ft²
$3,754
Est. Monthly
About This Property
Welcome to this beautifully updated, move-in ready ranch. This open
and airy living and dining space features rich hard-surface
flooring, crown molding, and a seamless flow ideal for
entertaining. The interior offers versatile living spaces,
including a primary bedroom suite, a spacious second and third
bedroom each with a ceiling fan. Both full bathrooms are expertly
finished. One features a spa-like whirlpool tub with intricate
mosaic accents and a warm wood vanity, while the second boasts a
sleek glass-door shower, updated white vanity, and stylish mosaic
backsplash. Out back, your private oasis awaits! The large,
fully fenced backyard offers endless space for recreation and
relaxation with a beautiful sunroom. Located in a desirable Howell
neighborhood. Truly a turn-key home.
Unit Size
1,565 Ft²
Days on Market
53 days
Land Size
0.17 acres
Price per sqft
$383
Property Type
House
Property Taxes
$808
HOA Dues
-
Year Built
1984
Listed By
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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: 11 hours ago (MOMLS #22626839)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$600,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Aug 27, 2026 | Listed by Keller Williams Realty East Monmouth | $610,000 | |
| Listed by Keller Williams Realty East Monmouth | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Storage, Direct Access, Asphalt, On Street, Double Wide Drive
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Attic - Pull Down Stairs, Dec Molding, Wall Mirror
Flooring Type: Carpet, Ceramic Tile, Vinyl Plank
Door Features: Sliding Doors
Rooms: 6
Exterior Details
Square Footage: 1565
Architectural Style: Ranch
Year Built: 1984
Building Area Total: 1565
Other Structures: Shed(s), Shed(s)
Patio and Porch Features: Patio
Lot Features: Fenced Area
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Square Feet: 7405.2
Lot Size Dimensions: 75 x 100
Water Source: Public
Financial Details
Tax Assessed Value: $587,000
Tax Annual Amount: $9,693
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
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Closing Price
Sold On
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HOA + Taxes
About Monmouth
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Listed by: Jon Day, Keller Williams Realty East Monmouth
Last Updated: 11 hours ago
Data Source: MOMMLS, MLS# 22626839
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Last Updated: 11 hours ago
Data Source: MOMMLS, MLS# 22626839
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