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Leonardo 07737 Leonardo
57 Washington Avenue
$365,000
● House - Off Market

57 Washington Avenue

Leonardo, NJ 07737
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$511,614
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Welcome home to this lovely cape cod that features 5 bedrooms,with an  open floor plan , situated on a large lot with a beautifully secluded backyard, lovely  deck off of the kitchen to your above ground pool, full basement that is partially finished  a must see home that can be yours with  plenty of off street parking , close to schools,shopping centers,sea-streak ferry terminals ,houses of worship and Leonardo State Park sold as is and buyer is responsible to obtain all municipal certificates to close Property is in the ''First look initiative program'' for the first 21days on the market:Seller will only entertain offers from Owner occupants
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$700
HOA Dues
-
Year Built
2000

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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 #22011640)

Price History

Date / Event Date Event Price
Jun 9, 2020 Sold
Premium
Sold
Mar 31, 2020 Listed by Option 1 Realty Group, LLC $364,900
Listed by Option 1 Realty Group, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,232
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,125
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 1,750
  • Total Building Area: 2,123
  • Building Area: 2,123
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,123
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000462
  • 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: Mar 02, 2005
  • District: 32
  • Parcel: 32 00365-0000-00006- 01
  • Block: 365
  • Lot: 6.01
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4168
  • Longitude: -74.0635

    Address

  • Full Address: 57 Washington Ave
  • Address - House Number: 57
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C004
  • 4-Digit Zip Code: 1223
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,098,242

    Appraisal Valuation

  • Standard Deviation: 0.1812
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 631,817
  • High Value: 746,327
  • Low Value: 517,308

    Market Valuation

  • Market Total Value: $631,900
  • Market Land Value: $276,700
  • Market Improvement Value: $355,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $631,900
  • Assessed Land Value: $276,700
  • Assessed Improvements Value: $355,200

    Sales

  • Current Sale Contract Date: Jun 09, 2020
  • Current Sale Recording Date: Jun 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020067466
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

65

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 1 Central Avenue, Atlantic Highlands, NJ, 07716

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,645 ft²
1 Central Avenue #20, Atlantic Highlands, NJ, 07716 Listing by Renee Astacio
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: Nicholas J Verdi, Option 1 Realty Group, LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22011640
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 57 Washington Avenue built and last sold?
The property at 57 Washington Avenue was built in 2000 and last sold on Jun 9, 2020 for $365,000.
How much is this home worth?
The estimated value of the home located at 57 Washington Avenue is $0.
What are some comparable homes to 57 Washington Avenue?
There are currently no comparable homes to 57 Washington Avenue.
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