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Vista Center 08527
50 Colchester Drive
$650,000
● House - Off Market

50 Colchester Drive

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,668 Ft²
$604,671
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

This stunning Sanibel Royale sits on a spectacular lot with a pond overlooking the woods. A paver walkway takes you into this  beautiful home through leaded glass doors into a 13' high entry. There are hardwood floors throughout except the Kitchen. The Gourmet Kitchen features a cooktop with a double oven There are stainless steel appliances and granite counters. The Family Room has sliders to a spectacular backyard with a paver patio on the pond. The Master Bedroom is expanded and also has a bay window. The Master Bath has upgraded vanities. The Guest Bedroom is very spacious and the Guest Bath has upgrade vanity and tile. A staircase in the garage leads to a 20x10 storage room. Amazing Clubhouse with 2 pools & state of the art Fitness Center.
Unit Size
2,668 Ft²
Days on Market
24 days
Land Size
0.15 acres
Price per sqft
$225
Property Type
House
Property Taxes
$759
HOA Dues
$290
Year Built
2008

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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: 11 months ago (MOMLS #22208458)

Price History

Date / Event Date Event Price
May 20, 2022 Sold
Premium
Sold
Mar 26, 2022 Listed by Keller Williams Realty West Monmouth $600,000
Listed by Keller Williams Realty West Monmouth

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,668
  • Building Area: 2,668
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,668
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717200

Zoning

  • Zoning: PRC

Geography

  • Assessors Map Reference: TAX MAP 7
  • District: 12
  • Parcel: 12 00701-0000-00774
  • Block: 701
  • Lot: 774
  • Municipality: JACKSON TWP
  • Latitude: 40.1637
  • Longitude: -74.3088

    Address

  • Full Address: 50 Colchester Dr
  • Address - House Number: 50
  • Address - Street Name: Colchester
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R010
  • 4-Digit Zip Code: 4792
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $923,043

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 675,852
  • High Value: 806,627
  • Low Value: 545,078

    Market Valuation

  • Market Total Value: $367,600
  • Market Land Value: $121,700
  • Market Improvement Value: $245,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,600
  • Assessed Land Value: $121,700
  • Assessed Improvements Value: $245,900

    Sales

  • Current Sale Contract Date: May 17, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 66409
  • Previous Sale Recording Date: Sep 05, 2007
  • Previous Sale Contract Date: Aug 30, 2007
  • Previous Sale Amount: $494,780
  • Previous Sale Document Type: 51
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 Vista Center

Stats & Trends

Median Asking:

$634,999

Sale Price/ft²

$256

Below Asking

0.01%

Average Days on Market

77

Average Home Size

2209 ft²

Average Home Age

27.5 years

Currently For Sale

15 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 233 Brookfield Drive, Jackson, NJ, 08527

$2,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,247 ft²
233 Brookfield Drive, Jackson, NJ, 08527 Listing by Gina Yezo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Betty M Laboska, Keller Williams Realty West Monmouth
Last Updated: 11 months ago
Data Source: MOMMLS, MLS# 22208458
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 50 Colchester Drive built and last sold?
The property at 50 Colchester Drive was built in 2008 and last sold on May 17, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 50 Colchester Drive is $0.
What are some comparable homes to 50 Colchester Drive?
There are currently no comparable homes to 50 Colchester Drive.
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