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Monmouth 07746
86 Cannonade Drive
$482,000
● House - Off Market

86 Cannonade Drive

Marlboro, NJ 07746
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$953,081
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Run, don't walk to see this beautiful home!Owners hate to leave this updated, neutrally decorated, well-maintained center hall colonial home in a great neighborhood in Marlboro. This home is truly in mint condition. All the bathrooms and the kitchen have been updated. The home boasts a private backyard with a gazebo, deck, patio and room for a pool. Home has many upgrades including crown moldings, marble and wood floors, newer siding and front door, and more. Community pool club.Just move in!
Unit Size
-
Days on Market
-
Land Size
0.35 acres
Price per sqft
-
Property Type
House
Property Taxes
$821
HOA Dues
$33
Year Built
1981

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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 #21303965)

Price History

Date / Event Date Event Price
May 13, 2013 Sold
Premium
Sold
Feb 4, 2013 Listed by Weichert Realtors-Manalapan $479,900
Listed by Weichert Realtors-Manalapan

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • 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: 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: 3
  • Basement Area: 587
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,457
  • Building Area: 2,457
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,457
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Marlboro Township School District
  • Census Tract: 809704

Zoning

  • Zoning: PAC

Geography

  • Assessors Map Reference: TAX MAP 155
  • District: 30
  • Parcel: 30 00412-0000-00089
  • Block: 412
  • Lot: 89
  • Municipality: MARLBORO TWP
  • Latitude: 40.3018
  • Longitude: -74.2721

    Address

  • Full Address: 86 Cannonade Dr
  • Address - House Number: 86
  • Address - Street Name: Cannonade
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Marlboro
  • Carrier Code: C006
  • 4-Digit Zip Code: 1936
  • Zip Code: 07746

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,091,157

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 800,384
  • High Value: 942,484
  • Low Value: 658,285

    Market Valuation

  • Market Total Value: $457,700
  • Market Land Value: $183,500
  • Market Improvement Value: $274,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $457,700
  • Assessed Land Value: $183,500
  • Assessed Improvements Value: $274,200

    Sales

  • Current Sale Contract Date: Apr 01, 2013
  • Current Sale Recording Date: Jun 25, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2013070511
  • Previous Sale Recording Date: Jun 25, 2013
  • Previous Sale Contract Date: Feb 14, 2013
  • Previous Sale Amount: $482,000
  • 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:

$744,900

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2019 ft²

Average Home Age

45.2 years

Currently For Sale

1810 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: Barbara Chasser, Weichert Realtors-Manalapan
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21303965
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 86 Cannonade Drive built and last sold?
The property at 86 Cannonade Drive was built in 1981 and last sold on Apr 1, 2013 for $482,000.
How much is this home worth?
The estimated value of the home located at 86 Cannonade Drive is $0.
What are some comparable homes to 86 Cannonade Drive?
There are currently no comparable homes to 86 Cannonade Drive.
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