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Monmouth 07731
6 Stowe Lane
$490,000
● House - Off Market

6 Stowe Lane

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,696 Ft²
$530,699
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Looking for a great home that you can add your own twist to?  This is it.  3 bedrooms, 2.5 baths with almost 1700 sq ft of space for you to make your own.   Complete with living room, dining room and eat in kitchen and a den that leads to outside.  Large fenced in yard - great for entertaining or relaxing. Bring your color palette ideas and make this home yours.
Unit Size
1,696 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$304
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
1983

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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 #22236573)

Price History

Date / Event Date Event Price
Mar 6, 2023 Sold
Premium
Sold
Nov 30, 2022 Listed by Keller Williams Realty Monmouth/Ocean $515,000
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 506
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,296
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,696
  • Building Area: 1,696
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,696
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811401

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 4.08
  • Account Number: 2299503
  • District: 21
  • Parcel: 21 00035- 55-00003
  • Block: 35.55
  • Lot: 3
  • Municipality: HOWELL TWP
  • Latitude: 40.1437
  • Longitude: -74.2049

    Address

  • Full Address: 6 Stowe Ln
  • Address - House Number: 6
  • Address - Street Name: Stowe
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Howell
  • Carrier Code: C022
  • 4-Digit Zip Code: 2358
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $918,404

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 551,068
  • High Value: 660,762
  • Low Value: 441,374

    Market Valuation

  • Market Total Value: $493,500
  • Market Land Value: $291,800
  • Market Improvement Value: $201,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $493,500
  • Assessed Land Value: $291,800
  • Assessed Improvements Value: $201,700

    Sales

  • Current Sale Contract Date: Mar 03, 2023
  • Current Sale Recording Date: Mar 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 20142
  • Previous Sale Recording Date: Sep 02, 2005
  • Previous Sale Contract Date: Aug 08, 2005
  • Previous Sale Amount: $385,000
  • 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

$386

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1995 ft²

Average Home Age

45.2 years

Currently For Sale

1817 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Julie Noack, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22236573
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 6 Stowe Lane built and last sold?
The property at 6 Stowe Lane was built in 1983 and last sold on Mar 3, 2023 for $490,000.
How much is this home worth?
The estimated value of the home located at 6 Stowe Lane is $528,564.
What are some comparable homes to 6 Stowe Lane?
There are currently no comparable homes to 6 Stowe Lane.
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