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Monmouth 07753 Neptune
7 Willow Drive
$380,000
● House - Off Market

7 Willow Drive

Neptune Township, NJ 07753
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,472 Ft²
$563,207
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

When price , location and condition come together at the Shore, your decision is very easy. Ranch style homes in Monmouth county have always been hard to come by, finding a move in / renovated masterpiece will make your search end at 7 Willow.   This renovated sun drenched ranch is tucked away in one of Neptune's best areas, just minutes to the beach. Boasting hardwoods everywhere, a new kitchen, 3 full baths, finished basement, custom woodworking, spacious master suite and a very private backyard.   Finding the perfect home close the beach and 60 mins to NYC this spring will be no easy task- don't wait long.
Unit Size
1,472 Ft²
Days on Market
-
Land Size
-
Price per sqft
$251
Property Type
House
Property Taxes
$582
HOA Dues
-
Year Built
1958

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: 2 years ago (MOMLS #21804522)

Price History

Date / Event Date Event Price
May 1, 2018 Sold
Premium
Sold
Feb 7, 2018 Listed by The Gallery Residential Brokerage $369,900
Listed by The Gallery Residential Brokerage
Feb 24, 2017 Sold
Premium
Sold
Dec 9, 2016 Listed by Okros Real Estate $329,900
Listed by Okros Real Estate
Drop Dead Gorgeous! Kitchen with brand new Samsung Stainless Steel appliances. Granite Counter tops. Gorgeous hardwood floors. Beautifully finished full basement with Bar and granite counters. Must see! Hurry wont last.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Neptune Township School District
  • Census Tract: 808002

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 49.3
  • Account Number: 00073619
  • District: 35
  • Parcel: 35 04303-0000-00015
  • Block: 4303
  • Lot: 15
  • Municipality: NEPTUNE TWP
  • Latitude: 40.206
  • Longitude: -74.0818

    Address

  • Full Address: 7 Willow Dr
  • Address - House Number: 7
  • Address - Street Name: Willow
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Neptune
  • Carrier Code: C006
  • 4-Digit Zip Code: 3333
  • Zip Code: 07753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $796,265

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 579,988
  • High Value: 694,394
  • Low Value: 465,582

    Market Valuation

  • Market Total Value: $440,900
  • Market Land Value: $196,400
  • Market Improvement Value: $244,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,900
  • Assessed Land Value: $196,400
  • Assessed Improvements Value: $244,500

    Sales

  • Current Sale Contract Date: May 01, 2018
  • Current Sale Recording Date: May 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018046571
  • Previous Sale Recording Date: Jan 09, 2017
  • Previous Sale Contract Date: Oct 04, 2016
  • Previous Sale Amount: $188,000
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: VAR
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 Neptune

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

60

Average Home Size

1532 ft²

Average Home Age

67.8 years

Currently For Sale

117 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 302 Graham Avenue, Neptune Township, NJ, 07753

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,466 ft²
302 Graham Avenue, Neptune Township, NJ, 07753 Listing by Charles Croce

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Beth M Sarre, The Gallery Residential Brokerage
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21804522
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 Willow Drive built and last sold?
The property at 7 Willow Drive was built in 1958 and last sold on May 1, 2018 for $380,000.
How much is this home worth?
The estimated value of the home located at 7 Willow Drive is $387,398.
What are some comparable homes to 7 Willow Drive?
There are currently no comparable homes to 7 Willow Drive.
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