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Monmouth 07731
71 Crest Drive
$325,000
● House - Off Market

71 Crest Drive

Freehold, NJ 07731
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$375,624
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

****about to come out of attorney review*****THIS 3 BEDROOM 2.5 BATH RANCH HAS GREAT APPEAL. A SEPERATE ENTRANCE TO ONE OF THE BEDROOMS WITH A HALF BATH GIVES THE HOUSE POSSIBILITIES. THERE IS A LARGE INGROUND ENCLOSED POOL, MULTIPLE SHEDS AND A LARGE BACKYARD. THE KITCHEN DOES HAVE BEAUTIFUL APPLIANCES INCLUDING A JENNAIR WALL OVEN.THE HOUSE IS BEING SOLD AS IS AND THE RESPONSIBILTITY FOR THE CLEAN OUT  FIRE CERT AND WATER TESTING IS RESPONSIBILITY OF THE BUYER
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$562
HOA Dues
-
Year Built
1950

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: 2 years ago (MOMLS #22114617)

Price History

Date / Event Date Event Price
Jul 19, 2021 Sold
Premium
Sold
May 12, 2021 Listed by Keller Williams Realty West Monmouth $325,000
Listed by Keller Williams Realty West Monmouth

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,900
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,832
  • Building Area: 1,832
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,832
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811200

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 4.28
  • Account Number: 032820
  • District: 21
  • Parcel: 21 00059-0000-00017
  • Block: 59
  • Lot: 17
  • Municipality: HOWELL TWP
  • Latitude: 40.1602
  • Longitude: -74.2289

    Address

  • Full Address: 71 Crest Dr
  • Address - House Number: 71
  • Address - Street Name: Crest
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C014
  • 4-Digit Zip Code: 1404
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $784,833

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 512,629
  • High Value: 614,671
  • Low Value: 410,587

    Market Valuation

  • Market Total Value: $421,500
  • Market Land Value: $229,700
  • Market Improvement Value: $191,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,500
  • Assessed Land Value: $229,700
  • Assessed Improvements Value: $191,800

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021113322
  • Previous Sale Recording Date: Aug 14, 2020
  • Previous Sale Contract Date: Jul 29, 2020
  • Previous Sale Amount: $275,000
  • 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:

$724,950

Sale Price/ft²

$383

Above Asking

0.55%

Average Days on Market

63

Average Home Size

1962 ft²

Average Home Age

45.3 years

Currently For Sale

2845 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 43 Frederick Avenue, Howell, NJ, 07731

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
43 Frederick Avenue, Howell, NJ, 07731 Listing by Natalie Pantelo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Betty M Laboska, Keller Williams Realty West Monmouth
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22114617
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 71 Crest Drive built and last sold?
The property at 71 Crest Drive was built in 1950 and last sold on Jul 13, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 71 Crest Drive is $0.
What are some comparable homes to 71 Crest Drive?
There are currently no comparable homes to 71 Crest Drive.
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