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Monmouth 07753 Neptune
708 Ruth Drive
$299,900
● House - Off Market

708 Ruth Drive

Neptune Township, NJ 07753
bedrooms
3 Beds
bathrooms
1 Bath
$448,601
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Move in Ready!

New windows,New furnace, New hot water heater ,New Kitchen cabinets ,Granite counters,Samsung stainless steel appliances,ceramic tile,hardwood floors and carpet in bedrooms. Bathroom has new ceramic,vanity, toilet and new plumbing too. Full basement ready to be finished for extra living space. Huge oversized garage. Nice big yard.

Hurry this one won't last.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1959

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 #21906719)

Price History

Date / Event Date Event Price
Mar 20, 2019 Sold
Premium
Sold
Feb 18, 2019 Listed by Okros Real Estate $299,900
Listed by Okros Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 988
  • Garage Type: 4
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,080
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 988
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHADOW LAWN HEIGHTS
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Neptune Township School District
  • Census Tract: 807800

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 46.1
  • Account Number: 00101528
  • District: 35
  • Parcel: 35 02508-0000-00013
  • Block: 2508
  • Lot: 13
  • Municipality: NEPTUNE TWP
  • Latitude: 40.2197
  • Longitude: -74.0674

    Address

  • Full Address: 708 Ruth Dr
  • Address - House Number: 708
  • Address - Street Name: Ruth
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Neptune
  • Carrier Code: C028
  • 4-Digit Zip Code: 2816
  • Zip Code: 07753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $726,012

    Appraisal Valuation

  • Standard Deviation: 0.182
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 503,397
  • High Value: 595,059
  • Low Value: 411,734

    Market Valuation

  • Market Total Value: $402,000
  • Market Land Value: $189,900
  • Market Improvement Value: $212,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,000
  • Assessed Land Value: $189,900
  • Assessed Improvements Value: $212,100

    Sales

  • Current Sale Contract Date: Apr 12, 2019
  • Current Sale Recording Date: Apr 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019032394
  • Previous Sale Recording Date: Jan 23, 2019
  • Previous Sale Contract Date: Jan 18, 2019
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 64
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

1527 ft²

Average Home Age

68.4 years

Currently For Sale

116 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 117 Mcdermott Road, Neptune Township, NJ, 07753

$3,500 /mo

  • 3 Beds
  • 2 Baths
117 Mcdermott Road, Neptune Township, NJ, 07753 Listing by Jack Green IV
Unit for rent at 42 Diane Drive, Tinton Falls, NJ, 07753

$3,200 /mo

  • 2 Beds
  • 2 Baths
42 Diane Drive, Tinton Falls, NJ, 07753 Listing by Joanetta Duszczak

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Stephen R Okros, Okros Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21906719
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 708 Ruth Drive built and last sold?
The property at 708 Ruth Drive was built in 1959 and last sold on Apr 12, 2019 for $299,900.
How much is this home worth?
The estimated value of the home located at 708 Ruth Drive is $302,899.
What are some comparable homes to 708 Ruth Drive?
There are currently no comparable homes to 708 Ruth Drive.
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