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Monmouth 07731
68 Diamond Lane
$505,000
● House - Off Market

68 Diamond Lane

Howell, NJ 07731
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,920 Ft²
$593,531
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

**BACK ON MARKET *buyer couldn't perform. Welcome home to this beautiful 5 bedroom, 2.5 bath home in the highly sought after Radiance development in Howell. This colonial features 2 great sized bedrooms with a full hall bath upstairs along with a large owner's bedroom with custom barn doors leading into the en-suite with a large Jacuzzi tub, stand up shower and privacy door. The main floor offers another bedroom, 1/2 bath, living room and off the kitchen is an oversized family room with a cozy fireplace. A fully finished updated basement with thick performance flooring, bedroom and a separate laundry room.The outdoor oasis offers patio pavers to your above ground pool surrounded by tiki torches for those entertaining nights in the summer. Brand new Furnace and Hot water heater 1 year old.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$260
Property Type
House
Property Taxes
$852
HOA Dues
-
Year Built
1995

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22109339)

Price History

Date / Event Date Event Price
May 28, 2021 Sold
Premium
Sold
Mar 30, 2021 Listed by EXP Realty $499,000
Listed by EXP Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,084
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,088
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,088
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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 4.04
  • Account Number: 01108153
  • District: 21
  • Parcel: 21 00035- 02-00152
  • Block: 35.02
  • Lot: 152
  • Municipality: HOWELL TWP
  • Latitude: 40.1655
  • Longitude: -74.2078

    Address

  • Full Address: 68 Diamond Ln
  • Address - House Number: 68
  • Address - Street Name: Diamond
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Howell
  • Carrier Code: C014
  • 4-Digit Zip Code: 1872
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,163,497

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 722,941
  • High Value: 859,455
  • Low Value: 586,427

    Market Valuation

  • Market Total Value: $625,200
  • Market Land Value: $283,300
  • Market Improvement Value: $341,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $625,200
  • Assessed Land Value: $283,300
  • Assessed Improvements Value: $341,900

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021122252
  • Previous Sale Recording Date: May 08, 2014
  • Previous Sale Contract Date: Oct 02, 2013
  • Previous Sale Amount: $330,000
  • 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:

$724,900

Sale Price/ft²

$384

Above Asking

0.56%

Average Days on Market

64

Average Home Size

1961 ft²

Average Home Age

45.2 years

Currently For Sale

3024 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

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MOMMLS

Listed by: Michael Kravchak, EXP Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22109339
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 68 Diamond Lane built and last sold?
The property at 68 Diamond Lane was built in 1995 and last sold on May 28, 2021 for $505,000.
How much is this home worth?
The estimated value of the home located at 68 Diamond Lane is $503,990.
What are some comparable homes to 68 Diamond Lane?
There are currently no comparable homes to 68 Diamond Lane.
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