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Monmouth 07748
82 Pelican Road
$555,000
● House - Off Market

82 Pelican Road

Middletown, NJ 07748
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,542 Ft²
$1,064,967
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Tranquil, Beautiful Home in desirable Oak Hill offers plenty of privacy & 2500+sq ft & HW Floors. Enter in to the Warm & Inviting Living Room w/FP, serve holiday dinners in DR w/bay window. A Gourmet Eat In Kitchen that is sure to please any cook with 6 Burner stove, tiled floors, center island & a wall of windows overlooking multi tiered deck, in ground pool & fenced yard. Master BR w/full bath, 2 add'l BR's, Family Room w/FP, Full Bath, Sliders to yard, FR Door to Partial Bsmt, & 2 Car Garage. Perfect location for commuters!
Unit Size
2,542 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$224
Property Type
House
Property Taxes
$829
HOA Dues
-
Year Built
1956

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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: 2 years ago (MOMLS #21440687)

Price History

Date / Event Date Event Price
Dec 19, 2014 Sold
Premium
Sold
Oct 10, 2014 Listed by Heritage House Sotheby's International Realty $569,900
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 833
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 24,500
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 2,542
  • Building Area: 2,542
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,542
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000562
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801200

Zoning

  • Zoning: R30

Geography

  • Assessors Map Reference: TAX MAP 190
  • District: 32
  • Parcel: 32 00853-0000-00009
  • Block: 853
  • Lot: 9
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3734
  • Longitude: -74.1249

    Address

  • Full Address: 82 Pelican Rd
  • Address - House Number: 82
  • Address - Street Name: Pelican
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C021
  • 4-Digit Zip Code: 3241
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,276,040

    Appraisal Valuation

  • Standard Deviation: 0.1871
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 897,672
  • High Value: 1,065,634
  • Low Value: 729,710

    Market Valuation

  • Market Total Value: $734,200
  • Market Land Value: $456,800
  • Market Improvement Value: $277,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $734,200
  • Assessed Land Value: $456,800
  • Assessed Improvements Value: $277,400

    Sales

  • Current Sale Contract Date: Dec 19, 2014
  • Current Sale Recording Date: Dec 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2014105449
  • Previous Sale Recording Date: May 07, 1999
  • Previous Sale Contract Date: Mar 31, 1999
  • Previous Sale Amount: $360,000
  • 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 Monmouth

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

1954 ft²

Average Home Age

45 years

Currently For Sale

2719 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 5b Auburn Court, NJ, 07701

$3,300 /mo

  • 2 Beds
  • 2 Baths
5b Auburn Court, NJ, 07701 Listing by Peter Maneri

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: 2 years ago
Data Source: MOMMLS, MLS# 21440687
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 82 Pelican Road built and last sold?
The property at 82 Pelican Road was built in 1956 and last sold on Dec 19, 2014 for $555,000.
How much is this home worth?
The estimated value of the home located at 82 Pelican Road is $598,877.
What are some comparable homes to 82 Pelican Road?
There are currently no comparable homes to 82 Pelican Road.
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