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Lincroft 07738
73 Beechwood Road
$525,000
● House - Off Market

73 Beechwood Road

Lincroft, NJ 07738
bedrooms
3 Beds
bathrooms
2 Baths
$780,139
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Move right into this beautifully renovated Brick ranch with a cul de sac location. New Kitchen with adjacent Family Room, open floor concept Living Room and Dining Room, updated baths, freshly painted interior, recessed lights, 2 fireplaces, gleaming hardwood floors, new paver patio, new septic to be installed as well as public water connection. Home being sold in as is condition with buyer responsible for all inspections and certifications needed to close. Home available for owner occupant or not for profit buyers for first 20 days of listing.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$835
HOA Dues
-
Year Built
1959

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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 #21719043)

Price History

Date / Event Date Event Price
Sep 1, 2017 Sold
Premium
Sold
May 15, 2017 Listed by Brown Harris Stevens New Jersey $489,900
Listed by Brown Harris Stevens New Jersey

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 57,330
  • Lot Size Depth Feet: 2,730
  • Lot Size Frontage Feet: 2,100
  • Total Building Area: 2,550
  • Building Area: 2,550
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,550
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST FRONT STREET & NUT SWAMP ROAD SUB
  • Land Acres: 0000001316
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801500

Zoning

  • Zoning: R45

Geography

  • Assessors Map Reference: TAX MAP 250
  • Account Number: 766
  • District: 32
  • Parcel: 32 01049- 03-00032
  • Block: 1049.03
  • Lot: 32
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3471
  • Longitude: -74.1298

    Address

  • Full Address: 73 Beechwood Rd
  • Address - House Number: 73
  • Address - Street Name: Beechwood
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Lincroft
  • Carrier Code: C004
  • 4-Digit Zip Code: 1101
  • Zip Code: 07738

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,117,882

    Appraisal Valuation

  • Standard Deviation: 0.187
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 878,475
  • High Value: 1,042,781
  • Low Value: 714,169

    Market Valuation

  • Market Total Value: $643,200
  • Market Land Value: $256,500
  • Market Improvement Value: $386,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $643,200
  • Assessed Land Value: $256,500
  • Assessed Improvements Value: $386,700

    Sales

  • Current Sale Contract Date: Aug 16, 2017
  • Current Sale Recording Date: Sep 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017085541
  • Previous Sale Recording Date: Oct 06, 2016
  • Previous Sale Contract Date: Sep 16, 2016
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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 Lincroft

Stats & Trends

Median Asking:

$999,500

Sale Price/ft²

$425

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2727 ft²

Average Home Age

41.3 years

Currently For Sale

20 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

Rentals Near You

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MOMMLS

Listed by: Christine Lane, Brown Harris Stevens New Jersey
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21719043
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 73 Beechwood Road built and last sold?
The property at 73 Beechwood Road was built in 1959 and last sold on Aug 16, 2017 for $525,000.
How much is this home worth?
The estimated value of the home located at 73 Beechwood Road is $494,799.
What are some comparable homes to 73 Beechwood Road?
There are currently no comparable homes to 73 Beechwood Road.
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