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Ramtown 07731
74 Pine Needle Street
$500,000
● House - Off Market

74 Pine Needle Street

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,246 Ft²
$3,029
Est. Monthly
7.02%
Cap Rate

About This Property

Mint condition home that shows even better than the pictures. New roof and move in ready. Seller disclosure must accompany offers.  Please note that the refrigerator, washer & dryer included ''AS IS''.  Easy care tile floors in living room, kitchen and dining room.  Carpet in all bedrooms.
Unit Size
1,246 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$401
Property Type
House
Property Taxes
$574
HOA Dues
-
Year Built
1983

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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: 3 years ago (MOMLS #22409406)

Price History

Date / Event Date Event Price
May 31, 2024 Sold
Premium
Sold
Apr 5, 2024 Listed by EXP Realty $499,900
Listed by EXP Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,246
  • Building Area: 1,246
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,246
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811501

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 1.11
  • Account Number: 321907
  • District: 21
  • Parcel: 21 00002- 19-00007
  • Block: 2.19
  • Lot: 7
  • Municipality: HOWELL TWP
  • Latitude: 40.11
  • Longitude: -74.1436

    Address

  • Full Address: 74 Pine Needle St
  • Address - House Number: 74
  • Address - Street Name: Pine Needle
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Howell
  • Carrier Code: C007
  • 4-Digit Zip Code: 2656
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $688,760

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 462,504
  • High Value: 544,617
  • Low Value: 380,392

    Market Valuation

  • Market Total Value: $370,500
  • Market Land Value: $229,500
  • Market Improvement Value: $141,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,500
  • Assessed Land Value: $229,500
  • Assessed Improvements Value: $141,000

    Sales

  • Current Sale Contract Date: Jun 29, 1998
  • Current Sale Recording Date: Jul 22, 1998
  • Current Sale Price:
    Premium
  • Current 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 Ramtown

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$354

Below Asking

0.01%

Average Days on Market

78

Average Home Size

1828 ft²

Average Home Age

39.7 years

Currently For Sale

19 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 1456 Green Grove Road, Brick, NJ, 08724

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,786 ft²
1456 Green Grove Road, Brick, NJ, 08724 Listing by Luke Graham

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Charles B Stone, EXP Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22409406
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 74 Pine Needle Street built and last sold?
The property at 74 Pine Needle Street was built in 1983 and last sold on Jun 29, 1998 for $135,000.
How much is this home worth?
The estimated value of the home located at 74 Pine Needle Street is $502,249.
What are some comparable homes to 74 Pine Needle Street?
There are currently no comparable homes to 74 Pine Needle Street.
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