$463,000
●
House -
Off Market
74 Valley Drive
Atlantic Highlands, NJ 07716
4 Beds
3 Baths
1,480 Ft²
$664,090
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Sellers have done all the work & are being relocated which is sad
for them but perfect for the new owners who can move right in! This
lovely home is perfect for entertaining with an open floor plan,
updated spacious kitchen, dining area & sliders to outdoor deck
with awning & grill! Situated on almost a half an acre of property
with an oversized driveway. Home features hardwood floors,
fireplace, master bedroom with full bath, den, new water heater &
finished walk-out lower level! Basement features separate
entrance from the driveway and attached garage, large workshop,
full bath, laundry and bedroom. Desirable Navesink section of
Middletown, close to the NYC ferry, beautiful beaches, downtown
Atlantic Highlands, Sea Bright, & Red Bank. Approx room size, SqFt
& acreage per tax records
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$297
Property Type
House
Property Taxes
$742
HOA Dues
-
Year Built
1962
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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 #21823586)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 10, 2018 | Sold | ||
| Sold | |||
| Jun 15, 2018 | Listed by Heritage House Sotheby's International Realty | $439,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
| May 31, 2017 | Sold | ||
| Sold | |||
| Mar 24, 2017 | Listed by Gloria Nilson & Co. Real Estate | $360,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
| | |||
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This lovely home is nestled on half an acre of property in the desirable Navesink section of Middletown Township just minutes to the NYC fast ferry & excellent Middletown school district! You will enjoy the close proximity to beautiful beaches, downtown Atlantic Highlands, Sea Bright, Red Bank, Hartshorne Woods scenic hiking trails & so many other amazing parks & places to explore! Owners have taken great pride in this lovely home & now you can make it your own! A few special features include a spacious sunny kitchen with dining area & sliders to lovely deck with awning, hardwood floors, fireplace, master bedroom with full bath, den, & finished walk-out lower level! Atlantic Highlands zip is 07716.Home warranty included for your comfort! This home offers a wonderful lifestyle for everyone! Want to do some updating right away? This home may qualify for a renovation loan to realize your dream bath, painting, floor refinishing & much more now! Why not bundle these costs into your new mortgage at the low interest rates being offered now? Pick up a brochure at the house or ask your lender for more info on this great solution to get you what you have been dreaming about now!
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Navesink
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Listed by: Dana M Cirincione, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21823586
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.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21823586
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017