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Monmouth 07731
8 Timberline Drive
$550,000
● House - Off Market

8 Timberline Drive

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$497,638
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome to this home in the heart of Glen Arden. The Greenway Split model is one of the most desirable models in Glen Arden. This home features 3 bedrooms two and a half bathrooms with a basement. Also, an office space that can have a 4th bedroom potential. The primary bedroom has a walk in closet. Open concept living with also private spaces. There is ample living and dining room space  that is perfect for entertaining throughout. Eat in kitchen that is updated. Just add your finishing touches and move in! This is your last stop before home!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$31
Year Built
1975

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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 #22313367)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold
Premium
Sold
May 18, 2023 Listed by NextHome Force Premier Realty $499,000
Listed by NextHome Force Premier Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 648
  • Garage Type: 10
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,826
  • Building Area: 1,826
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,826
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811303

Zoning

  • Zoning: RC-1

Geography

  • Assessors Map Reference: TAX MAP 4.41
  • Account Number: 270040
  • District: 21
  • Parcel: 21 00084- 07-00004
  • Block: 84.07
  • Lot: 4
  • Municipality: HOWELL TWP
  • Latitude: 40.1497
  • Longitude: -74.2366

    Address

  • Full Address: 8 Timberline Dr
  • Address - House Number: 8
  • Address - Street Name: Timberline
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C004
  • 4-Digit Zip Code: 1621
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $960,276

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 553,658
  • High Value: 661,807
  • Low Value: 445,509

    Market Valuation

  • Market Total Value: $516,000
  • Market Land Value: $277,000
  • Market Improvement Value: $239,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $516,000
  • Assessed Land Value: $277,000
  • Assessed Improvements Value: $239,000

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Jul 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 50404
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:

$724,999

Sale Price/ft²

$384

Above Asking

0.56%

Average Days on Market

64

Average Home Size

1954 ft²

Average Home Age

45.2 years

Currently For Sale

3008 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 43 Frederick Avenue, Howell, NJ, 07731

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
43 Frederick Avenue, Howell, NJ, 07731 Listing by Natalie Pantelo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Katherine Parrinello, NextHome Force Premier Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22313367
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 Timberline Drive built and last sold?
The property at 8 Timberline Drive was built in 1975 and last sold on Jul 17, 2023 for $550,000.
How much is this home worth?
The estimated value of the home located at 8 Timberline Drive is $0.
What are some comparable homes to 8 Timberline Drive?
There are currently no comparable homes to 8 Timberline Drive.
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