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Monmouth 07748
64 Kings Highway
$585,833
● House - Off Market

64 Kings Highway

Middletown, NJ 07748
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,408 Ft²
$777,148
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Class & character define this turn of the century colonial located in the Village Historic District in the heart of Middletown. Renovated to blend modern day convenience & old world charm, fall in love w/ the gorgeous gourmet kitchen featuring granite countertops & SS appliances, spacious deck w/ gazebo overlooking more than half an acre & the fully remodeled upstairs main bath w/ rain fall shower head & beautiful tile work.  A flexible floor plan could allow for a 1st floor home office or 4th bedroom. The generously sized corner lot affords plenty of room for gardens & the finished shed would make the perfect art studio. Great schools, easy commuting & a desirable neighborhood. Call today to own a piece of American history.
Unit Size
2,408 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$239
Property Type
House
Property Taxes
$866
HOA Dues
-
Year Built
1918

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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 #22025313)

Price History

Date / Event Date Event Price
Sep 28, 2020 Sold
Premium
Sold
Jul 24, 2020 Listed by Shore Prime Properties LLC $574,900
Listed by Shore Prime Properties LLC

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • 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: 0
  • Building Style: 1
  • 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: 1,284
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,250
  • Lot Size Depth Feet: 2,180
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,408
  • Building Area: 2,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,408
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000626
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801100

Zoning

  • Zoning: R22

Geography

  • Assessors Map Reference: TAX MAP 145
  • Account Number: Apr 02, 2009
  • District: 32
  • Parcel: 32 00809-0000-00053
  • Block: 809
  • Lot: 53
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3937
  • Longitude: -74.1133

    Address

  • Full Address: 64 Kings Hwy
  • Address - House Number: 64
  • Address - Street Name: Kings
  • Address - Suffix Type: Hwy
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C009
  • 4-Digit Zip Code: 2532
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,085,902

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 836,445
  • High Value: 992,755
  • Low Value: 680,134

    Market Valuation

  • Market Total Value: $624,800
  • Market Land Value: $368,300
  • Market Improvement Value: $256,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $624,800
  • Assessed Land Value: $368,300
  • Assessed Improvements Value: $256,500

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Oct 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020116890
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

Unit for rent at 3 Blaisdell Court, Middletown, NJ, 07748

$5,999 /mo

  • 4 Beds
  • 3 Baths
  • 2,812 ft²
3 Blaisdell Court, Middletown, NJ, 07748 Listing by Sangita Sancheti
Unit for rent at 1 Leonardville Road, Middletown, NJ, 07748

$2,350 /mo

  • 1 Bed
  • 1 Bath
1 Leonardville Road #C, Middletown, NJ, 07748 Listing by Lara Krall

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Michele Irizarry, Shore Prime Properties LLC
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22025313
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 64 Kings Highway built and last sold?
The property at 64 Kings Highway was built in 1918 and last sold on Sep 24, 2020 for $585,833.
How much is this home worth?
The estimated value of the home located at 64 Kings Highway is $0.
What are some comparable homes to 64 Kings Highway?
There are currently no comparable homes to 64 Kings Highway.
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