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Leonardo 07737 Leonardo
67 Highland Avenue
$320,000
● House - Off Market

67 Highland Avenue

Leonardo, NJ 07737
bedrooms
3 Beds
bathrooms
2 Baths
$590,891
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973

Payment Calculator

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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 #21515452)

Price History

Date / Event Date Event Price
May 15, 2015 Sold
Premium
Sold
Apr 23, 2015 Listed by Action Realty $329,900
Listed by Action Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,770
  • Building Area: 1,770
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,770
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: 6843

Geography

  • Assessors Map Reference: TAX MAP 30
  • District: 32
  • Parcel: 32 00370-0000-00003
  • Block: 370
  • Lot: 3
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4174
  • Longitude: -74.0606

    Address

  • Full Address: 67 Highland Ave
  • Address - House Number: 67
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C004
  • 4-Digit Zip Code: 1408
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $833,892

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 585,968
  • High Value: 697,304
  • Low Value: 474,633

    Market Valuation

  • Market Total Value: $479,800
  • Market Land Value: $265,100
  • Market Improvement Value: $214,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,800
  • Assessed Land Value: $265,100
  • Assessed Improvements Value: $214,700

    Sales

  • Current Sale Contract Date: May 13, 2015
  • Current Sale Recording Date: Jun 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2015051782
  • Previous Sale Recording Date: Oct 31, 2014
  • Previous Sale Contract Date: Oct 12, 2014
  • Previous Sale Amount: $436,737
  • Previous Sale Document Type: 30
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:

$599,500

Sale Price/ft²

$373

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1252 ft²

Average Home Age

86.6 years

Currently For Sale

8 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 37 Highland Avenue, Leonardo, NJ, 07737

$3,800 /mo

  • 4 Beds
  • 1 Bath
37 Highland Avenue, Leonardo, NJ, 07737 Listing by Jacob L Smith
Unit for rent at 40 Golden Eye Lane, Port Monmouth, NJ, 07758

$3,985 /mo

  • 2 Beds
  • 2 Baths
40 Golden Eye Lane, Port Monmouth, NJ, 07758 Listing by Maureen Yetman

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Robert Kefalonitis, Action Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21515452
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 67 Highland Avenue built and last sold?
The property at 67 Highland Avenue was built in 1973 and last sold on May 13, 2015 for $320,000.
How much is this home worth?
The estimated value of the home located at 67 Highland Avenue is $333,199.
What are some comparable homes to 67 Highland Avenue?
There are currently no comparable homes to 67 Highland Avenue.
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