Monmouth
7 Shady Tree Lane
$1,354,000
●
House -
Off Market
7 Shady Tree Lane
Colts Neck, NJ 07722
5 Beds
5 Baths,
1
Half Bath
4,606 Ft²
$1,416,111
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Magnificent 4800 sqft Home in the heart of Colts Neck on a
beautiful cut-de-sac. LR & DR hardwood, DR has Tray ceiling, 2
story fam room with double side Fireplace, 1st floor library could
be used as 6th bedroom. Open Kitchen with Lg. Breakfast nook. Home
features a private guest suite w/ vaulted ceilings. M.Bed has
vaulted ceiling and double Master closets. M.Bath with Jacuzzi tub
sep shower his and her sinks. Additional 3 bed 1 princess suite,
and 2 & 3 have a dual entry Bath . 2 zone heat and AC one is 2
years old, Basement is full with 12 ft ceilings. This is a complete
smart house, lights, utilities, doors, music etc. all controlled
from your phone. Home has high level security system cameras.
Beautiful prof. landscaped grounds with 11 zoned sprinklers and new
stone driveway
Unit Size
4,606 Ft²
Days on Market
-
Land Size
1.34 acres
Price per sqft
$309
Property Type
House
Property Taxes
$1,699
HOA Dues
$50
Year Built
1997
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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 #22318341)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2023 | Sold | ||
| Sold | |||
| Jul 6, 2023 | Listed by RE/MAX First Realty | $1,425,000 | |
| Listed by RE/MAX First Realty | |||
| Dec 23, 2022 | No longer available | - | |
| No longer available | |||
| Oct 13, 2022 | Listed by RE/MAX First Realty | $1,525,000 | |
| Listed by RE/MAX First Realty | |||
| | |||
|
Magnificent 4800 sqft Home in the heart of Colts Neck on a beautiful cut-de-sac. LR & DR hardwood, DR has Tray ceiling, 2 story fam room with double side Fireplace, 1st floor bed currently being used as Library. Open Kitchen with Lg. Breakfast nook. Home features a private guest suite w/ vaulted ceilings. M.Bed has vaulted ceiling and double Master closets. M.Bath with Jacuzzi tub sep shower his and her sinks. Additional 3 bed 1 princess suite, and 2 & 3 have a dual entry Bath . 2 zone heat and AC one is 2 years old, Basement is full with 12 ft ceilings. This is a complete smart house, lights, utilities, doors, music etc. all controlled from your phone. Home has high level security system cameras. Beautiful prof. landscaped grounds with 11 zoned sprinklers and new stone driveway The manager has listed the unit size as 4606 square feet.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Monmouth
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Listed by: Frances Liteplo, RE/MAX First Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22318341
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.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22318341
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