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Ramtown 07731
8 Constitution Drive
$305,000
● House - Off Market

8 Constitution Drive

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,610 Ft²
$618,239
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Owner willing to give up to $10,000 towards closing costs. This model home has more than be mentioned. New high efficiency furnace, In-ground pool, with slide and rock wall, Cathedral ceiling, surround sound, Anderson casement windows with custom blinds,New granite kitchen. Ready to move in.
Unit Size
1,610 Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21309318)

Price History

Date / Event Date Event Price
Jun 7, 2013 Sold
Premium
Sold
Mar 20, 2013 Listed by EXIT Realty Jersey Shore $315,000
Listed by EXIT Realty Jersey Shore

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,609
  • Building Area: 1,609
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,609
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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 1.07
  • Account Number: 00032004
  • District: 21
  • Parcel: 21 00002-0000-00006- 04
  • Block: 2
  • Lot: 6.04
  • Municipality: HOWELL TWP
  • Latitude: 40.1187
  • Longitude: -74.1444

    Address

  • Full Address: 8 Constitution Dr
  • Address - House Number: 8
  • Address - Street Name: Constitution
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C016
  • 4-Digit Zip Code: 2860
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $803,832

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 611,027
  • High Value: 730,383
  • Low Value: 491,672

    Market Valuation

  • Market Total Value: $432,400
  • Market Land Value: $178,400
  • Market Improvement Value: $254,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $432,400
  • Assessed Land Value: $178,400
  • Assessed Improvements Value: $254,000

    Sales

  • Current Sale Contract Date: Jun 01, 2013
  • Current Sale Recording Date: Jun 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2013065855
  • Previous Sale Recording Date: Oct 11, 1996
  • Previous Sale Contract Date: Sep 20, 1996
  • Previous Sale Amount: $140,000
  • 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 Ramtown

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$354

Below Asking

0.01%

Average Days on Market

71

Average Home Size

1905 ft²

Average Home Age

39.2 years

Currently For Sale

31 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

Rentals Near You

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MOMMLS

Listed by: Sharon Miranda, EXIT Realty Jersey Shore
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21309318
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 Constitution Drive built and last sold?
The property at 8 Constitution Drive was built in 1997 and last sold on Jun 1, 2013 for $305,000.
How much is this home worth?
The estimated value of the home located at 8 Constitution Drive is $331,745.
What are some comparable homes to 8 Constitution Drive?
There are currently no comparable homes to 8 Constitution Drive.
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