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Monmouth 07737
779 Leonardville Road
$294,900
● House - Off Market

779 Leonardville Road

Leonardo, NJ 07737
bedrooms
3 Beds
bathrooms
1 Bath
$408,893
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

RANCH STYLE HOME ON LARGE PROPERTY FEATURES NEW ROOF,NEW WINDOWS,NEW CENTRAL AIR,NEWER FURNACE AND H/W HEATER,NEW PORCH,FRESHLEY PAINTED THRU OUT NEW GUTTERS, HUGH FULL BSMT.,VINYL SIDING,1 CAR ATTACHED GARAGE,PLENTY OF PARKING HARDWOOD FLOORS IN 3 OF THE BEDROOMS PLUS MORE.
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1951

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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 #22014168)

Price History

Date / Event Date Event Price
Jul 2, 2020 Sold
Premium
Sold
May 5, 2020 Listed by RE/MAX Imperial $294,900
Listed by RE/MAX Imperial

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • 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: 3
  • Basement Area: 988
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 988
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800400

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 42
  • Account Number: Mar 01, 2005
  • District: 32
  • Parcel: 32 00445-0000-00016
  • Block: 445
  • Lot: 16
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.414
  • Longitude: -74.0635

    Address

  • Full Address: 779 Leonardville Rd
  • Address - House Number: 779
  • Address - Street Name: Leonardville
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C004
  • 4-Digit Zip Code: 1336
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $672,780

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 388,847
  • High Value: 457,883
  • Low Value: 319,812

    Market Valuation

  • Market Total Value: $387,100
  • Market Land Value: $236,100
  • Market Improvement Value: $151,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $387,100
  • Assessed Land Value: $236,100
  • Assessed Improvements Value: $151,000

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020074891
  • Previous Sale Recording Date: Mar 17, 1997
  • Previous Sale Contract Date: Feb 26, 1997
  • Previous Sale Amount: $135,000
  • 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:

$740,990

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2015 ft²

Average Home Age

45.1 years

Currently For Sale

1815 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 16 Browns Lane, Atlantic Highlands, NJ, 07716

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,527 ft²
16 Browns Lane, Atlantic Highlands, NJ, 07716 Listing by Betsy I O'Connor

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Vincent Aquilino, RE/MAX Imperial
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22014168
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 779 Leonardville Road built and last sold?
The property at 779 Leonardville Road was built in 1951 and last sold on Jul 2, 2020 for $294,900.
How much is this home worth?
The estimated value of the home located at 779 Leonardville Road is $0.
What are some comparable homes to 779 Leonardville Road?
There are currently no comparable homes to 779 Leonardville Road.
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