$560,000
●
House -
Off Market
8 Remsen Drive
Howell, NJ 07731
4 Beds
3 Baths,
1
Half Bath
1,860 Ft²
$596,436
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
This 4 bedroom 2.5 bath Colonial with a 2 car garage is move-in
ready! Wonderful flow with open floor plan; perfect for
entertaining either inside or out on the large paver patio. The
eat-in kitchen features stainless steel appliances, granite
counters, and a garden window. The family room is located right off
the kitchen with a gas fireplace. The living room/dining room
combination makes the perfect place for gatherings! The 1st floor
features hardwood floors throughout! The spacious master bedroom
has its own bath and walk-in closet. The rear yard is fenced in for
privacy. This home offers it all and is close to major roadways and
shopping.
Unit Size
1,860 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$306
Property Type
House
Property Taxes
$732
HOA Dues
-
Year Built
1986
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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 #22227728)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2022 | Sold | ||
| Sold | |||
| Sep 1, 2022 | Listed by Keller Williams Realty West Monmouth | $570,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
| Jul 31, 2019 | Sold | ||
| Sold | |||
| Jun 5, 2019 | Listed by Keller Williams Realty Spring Lake | $379,900 | |
| Listed by Keller Williams Realty Spring Lake | |||
| | |||
|
This move-in ready 4 bedroom 2.5 bathroom home on a dead end street near Route 9 has been meticulously cared for. Noteworthy features include the updated kitchen with stone counter tops and a garden window, updated light-filled bathrooms, 2 car attached garage with a wood working station, and a separate laundry room. There is plenty of space to spread out in both the open concept living room / dining room or in the family room, complete with a gas fire place. Enjoy your peaceful, maturely manicured backyard with lots of room for barbecue guests to sit. There is even a sand box built in that could be converted into a garden. Want to roam about the area? Jump on a bike and head to the Manasquan Reservoir, less than 3 miles away. The beach is only 12 miles away if you want to catch a wave.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Monmouth
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Listed by: Pamela El-Ghoul, Keller Williams Realty West Monmouth
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22227728
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# 22227728
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