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Monmouth 07728
7 Bowers Drive
$835,000
● House - Off Market

7 Bowers Drive

Freehold, NJ 07728
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,900 Ft²
$1,699,756
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

This Grand property is located in one of New Jersey's most prestigious towns.With almost 5,000 sq.ft.of living space,the architectural design and craftsmanship of this Toll House property is located near all major highways, and blue ribbon school system.Enter the dramatic foyer w/Butterfly Staircase.The most discriminating buyer will appreciate that no detail has been overlooked.Enjoy the sunrise and sunset on the private Trek deck that runs along the back of house.Live the dream!
Unit Size
4,900 Ft²
Days on Market
-
Land Size
1.24 acres
Price per sqft
$178
Property Type
House
Property Taxes
$1,437
HOA Dues
-
Year Built
2002

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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: 2 years ago (MOMLS #21330454)

Price History

Date / Event Date Event Price
Oct 30, 2013 Sold
Premium
Sold
Sep 3, 2013 Listed by Keller Williams Realty East Monmouth $871,900
Listed by Keller Williams Realty East Monmouth

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 2,580
  • Garage Type: 2
  • Garage Square Area: 726
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 57,888
  • Lot Size Depth Feet: 2,160
  • Lot Size Frontage Feet: 2,680
  • Total Building Area: 5,061
  • Building Area: 5,061
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,061
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001329
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Freehold Township School District
  • Census Tract: 810503

Zoning

  • Zoning: R-40

Geography

  • Assessors Map Reference: TAX MAP 32
  • Account Number: 4877038
  • District: 17
  • Parcel: 17 00088- 03-00004
  • Block: 88.03
  • Lot: 4
  • Municipality: FREEHOLD TWP
  • Latitude: 40.2342
  • Longitude: -74.324

    Address

  • Full Address: 7 Bowers Dr
  • Address - House Number: 7
  • Address - Street Name: Bowers
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Freehold
  • Carrier Code: R010
  • 4-Digit Zip Code: 8646
  • Zip Code: 07728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,222,074

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,324,843
  • High Value: 1,571,721
  • Low Value: 1,077,964

    Market Valuation

  • Market Total Value: $1,192,100
  • Market Land Value: $367,700
  • Market Improvement Value: $824,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,192,100
  • Assessed Land Value: $367,700
  • Assessed Improvements Value: $824,400

    Sales

  • Current Sale Contract Date: Oct 24, 2013
  • Current Sale Recording Date: Nov 07, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2013122028
  • Previous Sale Recording Date: Mar 11, 2008
  • Previous Sale Contract Date: Feb 29, 2008
  • Previous Sale Amount: $806,250
  • Previous Sale Document Type: 68
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:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

1949 ft²

Average Home Age

45.1 years

Currently For Sale

2738 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 44 Smock Court, Manalapan, NJ, 07726

$4,400 /mo

  • 3 Beds
  • 2 Baths
44 Smock Court, Manalapan, NJ, 07726 Listing by Aleksandr Pritsker

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Joyce Berdy, Keller Williams Realty East Monmouth
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21330454
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 7 Bowers Drive built and last sold?
The property at 7 Bowers Drive was built in 2002 and last sold on Oct 24, 2013 for $835,000.
How much is this home worth?
The estimated value of the home located at 7 Bowers Drive is $936,013.
What are some comparable homes to 7 Bowers Drive?
There are currently no comparable homes to 7 Bowers Drive.
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