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Monmouth 07731
5 Heather Drive
$425,000
● House - Off Market

5 Heather Drive

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,226 Ft²
$604,306
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Lovely Center Hall Colonial located in Howell Hill Estates. This home offers 4/5 Bedrooms ( First Floor Office can be used as a bedroom), 2 1/2 Baths, Eat in Kitchen with Cork Flooring,  Formal Living and Dining Room with Gleaming Hardwood Floors. Spacious Bedrooms, Master Bedroom has Custom Walk in Closet, and Updated Full Bath with Walk in Shower and  Double Vanity. Full Basement. New Front Door and Storm Door, Newer A/C, Furnace and Hot Water Heater. Private Backyard with Large Multi Level Trex Deck for Entertaining Family and Friends. Great location for Commuters.
Unit Size
2,226 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$191
Property Type
House
Property Taxes
$761
HOA Dues
-
Year Built
1985

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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 #21936699)

Price History

Date / Event Date Event Price
Apr 30, 2020 Sold
Premium
Sold
Sep 6, 2019 Listed by Weichert Realtors-Brick $425,000
Listed by Weichert Realtors-Brick

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 950
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,856
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 1,420
  • Total Building Area: 2,226
  • Building Area: 2,226
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,226
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000548
  • 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 7.08
  • Account Number: 053205
  • District: 21
  • Parcel: 21 00130-0000-00054- 05
  • Block: 130
  • Lot: 54.05
  • Municipality: HOWELL TWP
  • Latitude: 40.1846
  • Longitude: -74.2429

    Address

  • Full Address: 5 Heather Dr
  • Address - House Number: 5
  • Address - Street Name: Heather
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C012
  • 4-Digit Zip Code: 1280
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $845,534

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 643,633
  • High Value: 751,361
  • Low Value: 535,905

    Market Valuation

  • Market Total Value: $454,100
  • Market Land Value: $162,500
  • Market Improvement Value: $291,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $454,100
  • Assessed Land Value: $162,500
  • Assessed Improvements Value: $291,600

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020048855
  • Previous Sale Recording Date: Oct 27, 1997
  • Previous Sale Contract Date: Oct 24, 1997
  • Previous Sale Amount: $180,000
  • 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:

$739,900

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1980 ft²

Average Home Age

45.5 years

Currently For Sale

1815 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 3 Atlantis Terrace, Freehold, NJ, 07728

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,667 ft²
3 Atlantis Terrace, Freehold, NJ, 07728 Listing by Eric Dea

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Roxanne Morales, Weichert Realtors-Brick
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21936699
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 5 Heather Drive built and last sold?
The property at 5 Heather Drive was built in 1985 and last sold on Apr 30, 2020 for $425,000.
How much is this home worth?
The estimated value of the home located at 5 Heather Drive is $452,411.
What are some comparable homes to 5 Heather Drive?
There are currently no comparable homes to 5 Heather Drive.
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