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Monmouth 07760
682 Locust Point Road
$577,000
● House - Off Market

682 Locust Point Road

Rumson, NJ 07760
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,540 Ft²
$878,114
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Colonial with all of today's wants. Two story center hall home with 9' ceilings on first floor and a huge  master bedroom suite with large bath. 3 additional bedrooms and a second floor laundry; custom kitchen and wood floors throughout first level. Full basement, 2 car garage and fenced in private backyard completes this custom package.
Unit Size
2,540 Ft²
Days on Market
-
Land Size
-
Price per sqft
$236
Property Type
House
Property Taxes
$975
HOA Dues
-
Year Built
1996

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: 3 years ago (MOMLS #21919274)

Price History

Date / Event Date Event Price
Nov 12, 2019 Sold
Premium
Sold
May 9, 2019 Listed by Gloria Nilson & Co. Real Estate $599,900
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 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: 9
  • Basement Area: 1,103
  • Garage Type: 2
  • Garage Square Area: 525
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 9,100
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,540
  • Building Area: 2,540
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,540
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800900

Zoning

  • Zoning: 9154

Geography

  • Assessors Map Reference: TAX MAP 93
  • Account Number: 7-4-2.5
  • District: 32
  • Parcel: 32 00840-0000-00008- 04
  • Block: 840
  • Lot: 8.04
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3977
  • Longitude: -74.0352

    Address

  • Full Address: 682 Locust Point Rd
  • Address - House Number: 682
  • Address - Street Name: Locust Point
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Rumson
  • Carrier Code: C010
  • 4-Digit Zip Code: 2322
  • Zip Code: 07760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,436,457

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 914,823
  • High Value: 1,077,239
  • Low Value: 752,406

    Market Valuation

  • Market Total Value: $826,500
  • Market Land Value: $399,600
  • Market Improvement Value: $426,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $826,500
  • Assessed Land Value: $399,600
  • Assessed Improvements Value: $426,900

    Sales

  • Current Sale Contract Date: Nov 12, 2019
  • Current Sale Recording Date: Dec 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019113924
  • Previous Sale Recording Date: Dec 21, 2005
  • Previous Sale Contract Date: Nov 21, 2005
  • Previous Sale Amount: $595,000
  • 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:

$744,560

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2020 ft²

Average Home Age

45.2 years

Currently For Sale

1812 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 10 Ocean Boulevard, Atlantic Highlands, NJ, 07716

$4,200 /mo

  • 2 Beds
  • 2 Baths
  • 920 ft²
10 Ocean Boulevard #9D, Atlantic Highlands, NJ, 07716 Listing by Lisa Musillo
Unit for rent at 16 Browns Lane, Atlantic Highlands, NJ, 07716

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,527 ft²
16 Browns Lane, Atlantic Highlands, NJ, 07716 Listing by Betsy I O'Connor

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Graeme W Atkinson, Gloria Nilson & Co. Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21919274
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 682 Locust Point Road built and last sold?
The property at 682 Locust Point Road was built in 1996 and last sold on Nov 12, 2019 for $577,000.
How much is this home worth?
The estimated value of the home located at 682 Locust Point Road is $0.
What are some comparable homes to 682 Locust Point Road?
There are currently no comparable homes to 682 Locust Point Road.
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