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Monmouth 07737
8 Birchwood Place
$325,000
● House - Off Market

8 Birchwood Place

Leonardo, NJ 07737
bedrooms
3 Beds
bathrooms
2 Baths
$567,548
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

This  sweet split level home ,located on the dry side of wonderful Leonardo, is deceivingly larger than you think! The sunny living room w/ vaulted ceilings, opens to the dining area, both w/wood floors. Updated kitchen features maple cabinets, stainless appliances ,garden window plus tile back splash. Two bedrooms & main bath are on the top floor, while downstairs is the family rm., 3rd bedrm plus second bath. Perfect for adult children or extended guests !The family room opens to LARGE seasonal sun room, great spot for kids to play on a rainy day! There is also another play( or man cave?) room in the basement area, storage& a 1 car garage.Great starter or scale down house! Low traffic street, close to the elementary and middle schools , & you go to the ever popular Middletown South High!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1953

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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 #21524444)

Price History

Date / Event Date Event Price
Nov 30, 2015 Sold
Premium
Sold
Jun 22, 2015 Listed by Heritage House Sotheby's International Realty $319,900
Listed by Heritage House Sotheby's International Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 408
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,233
  • Building Area: 1,233
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,233
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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 41
  • Account Number: 6-3-1.5
  • District: 32
  • Parcel: 32 00448-0000-00010
  • Block: 448
  • Lot: 10
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4135
  • Longitude: -74.0679

    Address

  • Full Address: 8 Birchwood Pl
  • Address - House Number: 8
  • Address - Street Name: Birchwood
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C004
  • 4-Digit Zip Code: 1346
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $650,881

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 473,901
  • High Value: 567,066
  • Low Value: 380,737

    Market Valuation

  • Market Total Value: $374,500
  • Market Land Value: $238,500
  • Market Improvement Value: $136,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,500
  • Assessed Land Value: $238,500
  • Assessed Improvements Value: $136,000

    Sales

  • Current Sale Contract Date: Nov 30, 2015
  • Current Sale Recording Date: Jan 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016005247
  • Previous Sale Recording Date: Mar 11, 2008
  • Previous Sale Contract Date: Aug 30, 2007
  • Previous Sale Amount: $332,500
  • Previous Sale Document Type: 12
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:

$744,900

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2019 ft²

Average Home Age

45.2 years

Currently For Sale

1810 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 37 Highland Avenue, Leonardo, NJ, 07737

$3,800 /mo

  • 4 Beds
  • 1 Bath
  • 1,880 ft²
37 Highland Avenue, Leonardo, NJ, 07737 Listing by Jacob L Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Colleen Camillo, Heritage House Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21524444
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 8 Birchwood Place built and last sold?
The property at 8 Birchwood Place was built in 1953 and last sold on Nov 30, 2015 for $325,000.
How much is this home worth?
The estimated value of the home located at 8 Birchwood Place is $323,099.
What are some comparable homes to 8 Birchwood Place?
There are currently no comparable homes to 8 Birchwood Place.
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