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Lincroft 07738
9 Branson Drive
$690,000
● House - Off Market

9 Branson Drive

Lincroft, NJ 07738
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$906,548
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

LINCROFT FARMS AT ITS BEST. THIS HOME WAS THE PRIEMUM AND 1 of the LARGEST LOTS IN THE DEVELOPMENT. THIS WELL-DONE STUCCO CUSTOM COLONIAL WITH A HIP ROOF OFFERS SO MANY REQUESTED FEATURES. AS YOU ENTER THROUGH THE DOUBLE DOORWAY THE FOYER GREETS WITH FRENCH DOORS LEADING TO PRIVATE AND PEACEFUL LIVING ROOM. HARDWOOD FLOORS THROUGHOUT. THE UPGRADED KITCHENS OFFERS ALL THE DESIRED FEATURES WITH GRANITE COUNTERTOP, STAINLESS STEEL APPLIANCES AND SPACIOUS SITTING AREA. THE DINING ROOM AJOINS THE KITCHEN, AND THE KITCHEN IS ALSO INTERACTIVE TO A WARM AND INVITING FAMILY ROOM FEATURING A GAS FIREPLACE SURROUNDED WITH A MARBLE MANTLE, FRENCH DOORS LEADS OUT TO A RESORT LIKE YARD FEATURING A TWO TEIR DECK LEADING TO A FULL SURROUNDED PATIO THAT UNCAPTURES A LARGE CUSTOM  POOL.  TRULY BEAUTIFUL SET
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$969
HOA Dues
$54
Year Built
1988

Payment Calculator

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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: 3 years ago (MOMLS #22033670)

Price History

Date / Event Date Event Price
Dec 16, 2020 Sold
Premium
Sold
Sep 19, 2020 Listed by Arbor Sales And Marketing LLC $690,000
Listed by Arbor Sales And Marketing LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,263
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 9,200
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,305
  • Building Area: 2,305
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,305
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000211
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801500

Zoning

  • Zoning: R-22

Geography

  • Assessors Map Reference: TAX MAP 281
  • District: 32
  • Parcel: 32 01082-0000-00057
  • Block: 1082
  • Lot: 57
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3361
  • Longitude: -74.1068

    Address

  • Full Address: 9 Branson Dr
  • Address - House Number: 9
  • Address - Street Name: Branson
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Lincroft
  • Carrier Code: C001
  • 4-Digit Zip Code: 1362
  • Zip Code: 07738

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,293,767

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 964,969
  • High Value: 1,124,709
  • Low Value: 805,228

    Market Valuation

  • Market Total Value: $744,400
  • Market Land Value: $331,700
  • Market Improvement Value: $412,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $744,400
  • Assessed Land Value: $331,700
  • Assessed Improvements Value: $412,700

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Feb 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021017799
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 Lincroft

Stats & Trends

Median Asking:

$999,000

Sale Price/ft²

$423

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2565 ft²

Average Home Age

38.6 years

Currently For Sale

19 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 30 Pear Street, Tinton Falls, NJ, 07724

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,192 ft²
30 Pear Street, Tinton Falls, NJ, 07724 Listing by Samantha Gruosso
Unit for rent at 198 Newman Springs Road, Red Bank, NJ, 07701

$3,500 /mo

  • 2 Beds
  • 1 Bath
198 Newman Springs Road, Red Bank, NJ, 07701 Listing by Stephen Candelino

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# 22033670
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 9 Branson Drive built and last sold?
The property at 9 Branson Drive was built in 1988 and last sold on Dec 11, 2020 for $690,000.
How much is this home worth?
The estimated value of the home located at 9 Branson Drive is $696,900.
What are some comparable homes to 9 Branson Drive?
There are currently no comparable homes to 9 Branson Drive.
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