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Leonardo 07737 Leonardo
53 Viola Avenue
$759,900
● House - Off Market

53 Viola Avenue

Leonardo, NJ 07737
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,034 Ft²
$754,807
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Beautifully Maintained 3,000+ sq ft Colonial in Sought After Leonardo is Ready for its Next Owner. This 4 BR, 2.5 Bath Home with 2 Bonus Rooms + Full Basement Features an Expansive Eat-In Kitchen, Large Dining Room, Spacious Family Room and Living Room Plus a Large Home Office. Large property (108'x125') is Fully Fenced in with a Storage Building that was Previously a 2 Car Garage. French Doors in Kitchen Open to the Parklike Property Perfect for Entertaining and Hosting Backyard BBQ's. Full Basement Presents Endless Possibilities for a Gym, Play Area, or Bonus Living Space. Located Steps to the Henry Hudson Trail and Academy Bus Service as well as a Short Ride to Downtown Atlantic Highlands and 2 NYC Ferry Services, Leonardo State Marina and Sandy Hook/Sea Bright Beaches.
Unit Size
3,034 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$247
Property Type
House
Property Taxes
$986
HOA Dues
-
Year Built
2003

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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 #22237478)

Price History

Date / Event Date Event Price
May 17, 2023 Sold
Premium
Sold
Dec 14, 2022 Listed by Compass New Jersey LLC $749,000
Listed by Compass New Jersey LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 9
  • Basement Area: 1,400
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 2,980
  • Building Area: 2,980
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,980
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000309
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800400

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: TAX MAP 30
  • Account Number: Jan 01, 2005
  • District: 32
  • Parcel: 32 00346-0000-00004
  • Block: 346
  • Lot: 4
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4163
  • Longitude: -74.0655

    Address

  • Full Address: 53 Viola Ave
  • Address - House Number: 53
  • Address - Street Name: Viola
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C004
  • 4-Digit Zip Code: 1220
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,221,119

    Appraisal Valuation

  • Standard Deviation: 0.1889
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 856,689
  • High Value: 1,018,562
  • Low Value: 694,817

    Market Valuation

  • Market Total Value: $702,600
  • Market Land Value: $275,500
  • Market Improvement Value: $427,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $702,600
  • Assessed Land Value: $275,500
  • Assessed Improvements Value: $427,100

    Sales

  • Current Sale Contract Date: May 09, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 35110
  • Previous Sale Recording Date: May 16, 1986
  • Previous Sale Contract Date: May 16, 1986
  • Previous Sale Amount: $129,900
  • 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 Leonardo

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$381

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1267 ft²

Average Home Age

81.3 years

Currently For Sale

6 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 16 Browns Lane, Atlantic Highlands, NJ, 07716

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,527 ft²
16 Browns Lane, Atlantic Highlands, NJ, 07716 Listing by Betsy I O'Connor

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jacalyn Grieco, Compass New Jersey LLC
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22237478
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 53 Viola Avenue built and last sold?
The property at 53 Viola Avenue was built in 2003 and last sold on May 9, 2023 for $759,900.
How much is this home worth?
The estimated value of the home located at 53 Viola Avenue is $0.
What are some comparable homes to 53 Viola Avenue?
There are currently no comparable homes to 53 Viola Avenue.
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