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Monmouth 07731
50 Sami Drive
$450,000
● House - Off Market

50 Sami Drive

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$584,357
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

You will love this beautifully maintained four bedroom home in desirable Heritage Point development with a rare full basement! Entertain in the formal living room and dining room or relax in the open eat-in kitchen and spacious family room. Sliders lead to a huge deck and fenced yard. The second level boasts four nicely-sized bedrooms including a master suite with a walk-in closet and full bath. Additional amenities include a newer HVAC and hot water heater, plus a one year home warranty for buyer peace of mind.  Award winning schools and close proximity to shops, restaurants, public transportation and the Jersey shore make this a dream home!
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$813
HOA Dues
-
Year Built
1986

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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 #22039543)

Price History

Date / Event Date Event Price
Jan 15, 2021 Sold
Premium
Sold
Nov 5, 2020 Listed by ERA Central Realty Group $450,000
Listed by ERA Central Realty Group

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1,080
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,875
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 2,158
  • Building Area: 2,158
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,158
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000341
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811304

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 4.39
  • Account Number: 03878405
  • District: 21
  • Parcel: 21 00078- 03-00005
  • Block: 78.03
  • Lot: 5
  • Municipality: HOWELL TWP
  • Latitude: 40.1344
  • Longitude: -74.2339

    Address

  • Full Address: 50 Sami Dr
  • Address - House Number: 50
  • Address - Street Name: Sami
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C024
  • 4-Digit Zip Code: 2912
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,083,288

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 677,400
  • High Value: 809,721
  • Low Value: 545,079

    Market Valuation

  • Market Total Value: $582,100
  • Market Land Value: $295,500
  • Market Improvement Value: $286,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $582,100
  • Assessed Land Value: $295,500
  • Assessed Improvements Value: $286,600

    Sales

  • Current Sale Contract Date: Jan 12, 2021
  • Current Sale Recording Date: Feb 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021026506
  • Previous Sale Recording Date: Feb 14, 1997
  • Previous Sale Contract Date: Jan 31, 1997
  • Previous Sale Amount: $185,000
  • 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

2006 ft²

Average Home Age

45.6 years

Currently For Sale

1840 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 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: Suzanne Kenny, ERA Central Realty Group
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22039543
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 Sami Drive built and last sold?
The property at 50 Sami Drive was built in 1986 and last sold on Jan 12, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 50 Sami Drive is $454,500.
What are some comparable homes to 50 Sami Drive?
There are currently no comparable homes to 50 Sami Drive.
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