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Monmouth
7 Crape Myrtle Drive
$981,250
● House - Off Market

7 Crape Myrtle Drive

Holmdel, NJ 07733
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,054 Ft²
$1,368,367
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Welcome home to desirable Holmdel Ridge, a most sought-after location. Well maintained 4 bedroom, 4 ½ bath, 4,054 sf colonial. This beautiful home includes a two-story entryway with marble floor, office, two-story great room with double-sided gas fireplace shared with a peaceful conservatory, large kitchen with 42'' cabinetry, and a butler's pantry with wet bar. Upper level includes a spacious master en-suite with two walk-in closets as well as three generous bedrooms, each with a walk-in closet. Finished lower level includes a custom-built bar, full bathroom, and abundant closet space. Beautiful professionally landscaped yard with paver patio leading to gazebo. Neighborhood has a beautiful, quiet walking path and park.Public sewer and water. Holmdel top rated schools. This is a must-see!
Unit Size
4,054 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$246
Property Type
House
Property Taxes
$1,711
HOA Dues
-
Year Built
2000

Payment Calculator

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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 #22018553)

Price History

Date / Event Date Event Price
Aug 14, 2020 Sold
Premium
Sold
Jun 9, 2020 Listed by Berkshire Hathaway HomeServices Fox & Roach - Holmdel $999,000
Listed by Berkshire Hathaway HomeServices Fox & Roach - Holmdel

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,148
  • Garage Type: 1
  • Garage Square Area: 704
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 4,054
  • Building Area: 4,054
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,054
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: HOLMDEL RIDGE I

Neighborhood

  • School District Name: Holmdel Township School District
  • Census Tract: 803202

Zoning

  • Zoning: R30

Geography

  • Assessors Map Reference: TAX MAP 26
  • Account Number: 01871005
  • District: 20
  • Parcel: 20 00046-0000-00064- 05
  • Block: 46
  • Lot: 64.05
  • Municipality: HOLMDEL TWP
  • Latitude: 40.4026
  • Longitude: -74.1869

    Address

  • Full Address: 7 Crape Myrtle Dr
  • Address - House Number: 7
  • Address - Street Name: Crape Myrtle
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Holmdel
  • Carrier Code: C007
  • 4-Digit Zip Code: 1530
  • Zip Code: 07733

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,187,013

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 1,431,801
  • High Value: 1,669,300
  • Low Value: 1,194,302

    Market Valuation

  • Market Total Value: $1,344,200
  • Market Land Value: $640,300
  • Market Improvement Value: $703,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,344,200
  • Assessed Land Value: $640,300
  • Assessed Improvements Value: $703,900

    Sales

  • Current Sale Contract Date: Aug 10, 2020
  • Current Sale Recording Date: Aug 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020094725
  • Previous Sale Recording Date: Jul 10, 2000
  • Previous Sale Contract Date: Jun 30, 2000
  • Previous Sale Amount: $665,000
  • 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:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

1957 ft²

Average Home Age

45 years

Currently For Sale

2720 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: Diane M McCarty, Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22018553
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 Crape Myrtle Drive built and last sold?
The property at 7 Crape Myrtle Drive was built in 2000 and last sold on Aug 10, 2020 for $981,250.
How much is this home worth?
The estimated value of the home located at 7 Crape Myrtle Drive is $0.
What are some comparable homes to 7 Crape Myrtle Drive?
There are currently no comparable homes to 7 Crape Myrtle Drive.
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