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Monmouth 07726
58 Devon Drive
$670,000
● House - Off Market

58 Devon Drive

Manalapan, NJ 07726
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$724,795
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Here It Is!! Exactly What You've Been Waiting For... Come Preview This Absolutely Stunning & Meticulous Colonial Located In Desirable Manalapan.From The Moment You Pull Up To This Home The Curb Appeal Has You In Awe W/ It's Amazing Landscaping,Paved Walkway To An Inviting Covered Porch. This Spacious Home Features 4 Bedrooms & 3 Bathrooms & Has Been Updated W/ Gleaming Laminate Floors Throughout,Newer Eat In Kitchen W/ Granite Countertops,Tiled Backsplash & Stainless Steel Appliances. Additional Updates Include Newly Installed Andersen Windows & Timberline Roof. Looking To Entertain Outdoors?The Outdoor Living That This Home Offers Is Amazing W/ It's Extra Large Paved Patio, Pergola & Motorized Awning.Let's Not Forget The Pool You Can Enjoy On Those Hot Summer Days.Hurry This Won't Last!!
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$720
HOA Dues
-
Year Built
1980

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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 #22128873)

Price History

Date / Event Date Event Price
Nov 10, 2021 Sold
Premium
Sold
Aug 31, 2021 Listed by RE/MAX Central $649,999
Listed by RE/MAX Central

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 462
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,414
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,000
  • Building Area: 2,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Manalapan-Englishtown Regional School District
  • Census Tract: 810004

Zoning

  • Zoning: SF20

Geography

  • Assessors Map Reference: TAX MAP 14
  • District: 28
  • Parcel: 28 01903-0000-00020
  • Block: 1903
  • Lot: 20
  • Municipality: MANALAPAN TWP
  • Latitude: 40.2919
  • Longitude: -74.3302

    Address

  • Full Address: 58 Devon Dr
  • Address - House Number: 58
  • Address - Street Name: Devon
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Manalapan
  • Carrier Code: C002
  • 4-Digit Zip Code: 3424
  • Zip Code: 07726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,018,202

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 732,915
  • High Value: 852,054
  • Low Value: 613,777

    Market Valuation

  • Market Total Value: $611,900
  • Market Land Value: $342,400
  • Market Improvement Value: $269,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $611,900
  • Assessed Land Value: $342,400
  • Assessed Improvements Value: $269,500

    Sales

  • Current Sale Contract Date: Nov 10, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021168096
  • Previous Sale Recording Date: Aug 24, 2007
  • Previous Sale Contract Date: Jun 27, 2007
  • Previous Sale Amount: $472,000
  • 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:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

1954 ft²

Average Home Age

45 years

Currently For Sale

2741 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 12 Sanford Street, Manalapan, NJ, 07726

$3,950 /mo

  • 3 Beds
  • 2 Baths
12 Sanford Street, Manalapan, NJ, 07726 Listing by Aleksandr Pritsker

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Giovanni Randazzo, RE/MAX Central
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22128873
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 58 Devon Drive built and last sold?
The property at 58 Devon Drive was built in 1980 and last sold on Nov 10, 2021 for $670,000.
How much is this home worth?
The estimated value of the home located at 58 Devon Drive is $0.
What are some comparable homes to 58 Devon Drive?
There are currently no comparable homes to 58 Devon Drive.
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