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Monmouth 07731
76 Heritage Drive
$601,000
● House - Off Market

76 Heritage Drive

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,899 Ft²
$3,777
Est. Monthly
5.34%
Cap Rate

About This Property

***DESIRABLE HERITAGE AREA!!*** DON'T MISS THIS ONE!! BEAUTIFUL, OPEN & AIRY 2 STORY FOYER EXTENDED COLONIAL.!! 3 BEDROOMS PLUS EXTENDED ROOM OVER THE GARAGE. THE  EAT-IN KITCHEN LEADS TO A PRIVATE BACKYARD BACKING TO WOODS!  ENJOY THE PICTURE PERFECT LANDSCAPING WITH THE MOST MAGNIFICENT POOL.  FULL BASEMENT, TWO CAR GARAGE AND LARGE SHED- THIS ONE HAS IT ALL!
Unit Size
1,899 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$316
Property Type
House
Property Taxes
$831
HOA Dues
-
Year Built
1987

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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 #22330186)

Price History

Date / Event Date Event Price
Feb 15, 2024 Sold
Premium
Sold
Oct 27, 2023 Listed by Keller Williams Realty Monmouth/Ocean $599,999
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 872
  • Garage Type: 10
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 7,950
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,915
  • Building Area: 1,915
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,915
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811304

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 4.34
  • Account Number: 03959107
  • District: 21
  • Parcel: 21 00079-0000-00107
  • Block: 79
  • Lot: 107
  • Municipality: HOWELL TWP
  • Latitude: 40.146
  • Longitude: -74.2313

    Address

  • Full Address: 76 Heritage Dr
  • Address - House Number: 76
  • Address - Street Name: Heritage
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C010
  • 4-Digit Zip Code: 2968
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,102,643

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 657,697
  • High Value: 781,208
  • Low Value: 534,187

    Market Valuation

  • Market Total Value: $592,500
  • Market Land Value: $289,200
  • Market Improvement Value: $303,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $592,500
  • Assessed Land Value: $289,200
  • Assessed Improvements Value: $303,300

    Sales

  • Current Sale Contract Date: Feb 21, 2024
  • Current Sale Recording Date: Feb 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 11827
  • Previous Sale Recording Date: Aug 02, 2000
  • Previous Sale Contract Date: Jul 24, 2000
  • Previous Sale Amount: $197,000
  • 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:

$724,900

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

2024 ft²

Average Home Age

45.2 years

Currently For Sale

2743 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: Baila Jaskiel, Keller Williams Realty Monmouth/Ocean
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22330186
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 76 Heritage Drive built and last sold?
The property at 76 Heritage Drive was built in 1987 and last sold on Feb 21, 2024 for $601,000.
How much is this home worth?
The estimated value of the home located at 76 Heritage Drive is $0.
What are some comparable homes to 76 Heritage Drive?
There are currently no comparable homes to 76 Heritage Drive.
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