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Monmouth 07748
8 Tall Tree Road
$663,000
● House - Off Market

8 Tall Tree Road

Middletown, NJ 07748
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,139,699
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Desirable Oak Hill Classic Colonial with New ammenties such as New Roof,New Siding, New Windows, New Furnace and New A/C, New designer kitchen with Carrara marble counter tops and stainless steel appliance,New Bathrooms with designer vanities and tile,Plus Hardwood floors throughout.Gracious Family room with fireplace leading to a deck and patio overlooking Lovely treed back yard.All this plus a large finished basement
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$954
HOA Dues
-
Year Built
1965

Payment Calculator

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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 #21704061)

Price History

Date / Event Date Event Price
Apr 18, 2017 Sold
Premium
Sold
Feb 2, 2017 Listed by Arbor Sales And Marketing LLC $699,000
Listed by Arbor Sales And Marketing LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 1,066
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,400
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 2,304
  • Building Area: 2,304
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,304
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000537
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801100

Zoning

  • Zoning: R30

Geography

  • Assessors Map Reference: TAX MAP 191
  • Account Number: 816
  • District: 32
  • Parcel: 32 00848-0000-00011
  • Block: 848
  • Lot: 11
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3793
  • Longitude: -74.1246

    Address

  • Full Address: 8 Tall Tree Rd
  • Address - House Number: 8
  • Address - Street Name: Tall Tree
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C018
  • 4-Digit Zip Code: 2955
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,285,077

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 835,092
  • High Value: 983,353
  • Low Value: 686,831

    Market Valuation

  • Market Total Value: $739,400
  • Market Land Value: $449,200
  • Market Improvement Value: $290,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $739,400
  • Assessed Land Value: $449,200
  • Assessed Improvements Value: $290,200

    Sales

  • Current Sale Contract Date: Oct 26, 2006
  • Current Sale Recording Date: Nov 09, 2006
  • Current Sale Price:
    Premium
  • Current 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:

$724,950

Sale Price/ft²

$383

Above Asking

0.55%

Average Days on Market

63

Average Home Size

1962 ft²

Average Home Age

45.2 years

Currently For Sale

2844 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 167 Kings Highway, Middletown, NJ, 07748

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,156 ft²
167 Kings Highway, Middletown, NJ, 07748 Listing by Kristina M Mager
Unit for rent at 35 Ironwood Court, Middletown, NJ, 07748

$3,950 /mo

  • 4 Beds
  • 2 Baths
  • 1,904 ft²
35 Ironwood Court, Middletown, NJ, 07748 Listing by Yingen Tang

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Leonora Bossie, Arbor Sales And Marketing LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21704061
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 Tall Tree Road built and last sold?
The property at 8 Tall Tree Road was built in 1965 and last sold on Oct 26, 2006 for $640,000.
How much is this home worth?
The estimated value of the home located at 8 Tall Tree Road is $705,990.
What are some comparable homes to 8 Tall Tree Road?
There are currently no comparable homes to 8 Tall Tree Road.
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