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Monmouth 07731
5 Stowe Lane
$316,000
● House - Off Market

5 Stowe Lane

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,517 Ft²
$389,441
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Located in the Desirable Woodstone Development, this 3 Bedroom, 2.5 Bath Colonial could be your Dream Home! Why pay for someone else's updates? At this price, you can choose the finishes and updates to give you the home you've always imagined. The Furnace, Central Air Conditioning and Hot Water Heater are only 2-3 yrs old. The Solar Panels provide a tremendous savings. Leased through NRG, just $104.22 per month and does not increase for the life of the lease. Last 12 months of the electric bills show a credit!! 2 Car Garage, Fenced Yard, Patio and In Ground Pool give you everything you need. After some outside clean-up, your backyard will provide you with a fabulous entertaining space and the staycation we all crave these days! Great Opportunity! Call for an appt today!
Unit Size
1,517 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$198
Property Type
House
Property Taxes
$675
HOA Dues
-
Year Built
1983

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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 #22041202)

Price History

Date / Event Date Event Price
Jan 20, 2021 Sold
Premium
Sold
Nov 20, 2020 Listed by RE/MAX New Beginnings Realty-Toms River $299,900
Listed by RE/MAX New Beginnings Realty-Toms River

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 9,660
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,517
  • Building Area: 1,517
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,517
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000222
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811401

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 4.08
  • Account Number: 2299416
  • District: 21
  • Parcel: 21 00035- 54-00016
  • Block: 35.54
  • Lot: 16
  • Municipality: HOWELL TWP
  • Latitude: 40.1439
  • Longitude: -74.2053

    Address

  • Full Address: 5 Stowe Ln
  • Address - House Number: 5
  • Address - Street Name: Stowe
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Howell
  • Carrier Code: C002
  • 4-Digit Zip Code: 2359
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $882,858

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 530,202
  • High Value: 624,334
  • Low Value: 436,071

    Market Valuation

  • Market Total Value: $474,400
  • Market Land Value: $296,700
  • Market Improvement Value: $177,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474,400
  • Assessed Land Value: $296,700
  • Assessed Improvements Value: $177,700

    Sales

  • Current Sale Contract Date: Jan 20, 2021
  • Current Sale Recording Date: Feb 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021021450
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

1994 ft²

Average Home Age

45.2 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 Eagle Court, Howell, NJ, 07731

$2,750 /mo

  • 2 Beds
  • 1 Bath
  • 1,276 ft²
3 Eagle Court, Howell, NJ, 07731 Listing by NICHOLAS BOULTON
Unit for rent at 140 Cannonball Drive, Howell, NJ, 07731

$4,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,714 ft²
140 Cannonball Drive, Howell, NJ, 07731 Listing by Isaac Nussbaum

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Grace Talarico, RE/MAX New Beginnings Realty-Toms River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22041202
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 Stowe Lane built and last sold?
The property at 5 Stowe Lane was built in 1983 and last sold on Jan 20, 2021 for $316,000.
How much is this home worth?
The estimated value of the home located at 5 Stowe Lane is $0.
What are some comparable homes to 5 Stowe Lane?
There are currently no comparable homes to 5 Stowe Lane.
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