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Belford 07718 Belford
7 Oak Leaf Drive
$565,000
● House - Off Market

7 Oak Leaf Drive

Belford, NJ 07718
bedrooms
4 Beds
bathrooms
3 Baths
$862,107
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Mint condition 4 bedroom 3 bathroom colonial with back staircase.From the rocking chair front porch to the double trex deck overlooking your backyard oasis..glistening hardwood floors on 1st level.kitchen w/ breakfast bar and breakfast nook.stainless steel appliance package..dining room w/crown molding.living room w/crown molding. family room w/ brick gas fireplace.2 zone heating and air..central vac..one bedroom on first floor adjacent to  full bath..Game room in basement with full size windows.plus a home theater!! 90 inch projector television w/surround sound system.other side of walk out basement great for storage..18x32 heated inground pool with decorative cement surrounding plus Hot Tub on 2nd level deck. Professionally landscaped with sprinkler system! NO FLOOD INSURANCE NEEDED..
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$985
HOA Dues
-
Year Built
2003

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 #21819796)

Price History

Date / Event Date Event Price
Aug 1, 2018 Sold
Premium
Sold
May 21, 2018 Listed by VRI Homes $569,900
Listed by VRI Homes

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: 3
  • Basement Area: 1,212
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,475
  • Lot Size Depth Feet: 3,350
  • Total Building Area: 2,208
  • Building Area: 2,208
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,208
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000653
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800500

Zoning

  • Zoning: MXD

Geography

  • Assessors Map Reference: TAX MAP 24
  • Account Number: 7-3-2.5
  • District: 32
  • Parcel: 32 00306-0000-00106- 04
  • Block: 306
  • Lot: 106.04
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4225
  • Longitude: -74.0859

    Address

  • Full Address: 7 Oak Leaf Dr
  • Address - House Number: 7
  • Address - Street Name: Oak Leaf
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Belford
  • Carrier Code: C003
  • 4-Digit Zip Code: 1700
  • Zip Code: 07718

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,264,916

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 844,073
  • High Value: 1,002,812
  • Low Value: 685,334

    Market Valuation

  • Market Total Value: $727,800
  • Market Land Value: $306,600
  • Market Improvement Value: $421,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $727,800
  • Assessed Land Value: $306,600
  • Assessed Improvements Value: $421,200

    Sales

  • Current Sale Contract Date: Aug 07, 2018
  • Current Sale Recording Date: Aug 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018079480
  • Previous Sale Recording Date: Mar 31, 2003
  • Previous Sale Contract Date: Jan 22, 2003
  • Previous Sale Amount: $349,900
  • 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 Belford

Stats & Trends

Median Asking:

$634,450

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

76

Average Home Size

2390 ft²

Average Home Age

50.7 years

Currently For Sale

3 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 156 Main Street, Port Monmouth, NJ, 07758

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,474 ft²
156 Main Street, Port Monmouth, NJ, 07758 Listing by Amy Neff

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Susan LoSapio, VRI Homes
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21819796
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 Oak Leaf Drive built and last sold?
The property at 7 Oak Leaf Drive was built in 2003 and last sold on Aug 7, 2018 for $565,000.
How much is this home worth?
The estimated value of the home located at 7 Oak Leaf Drive is $0.
What are some comparable homes to 7 Oak Leaf Drive?
There are currently no comparable homes to 7 Oak Leaf Drive.
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