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Monmouth 07731
9 Brookside Drive
$420,000
● House - Off Market

9 Brookside Drive

Howell, NJ 07731
bedrooms
2 Beds
bathrooms
1 Bath
$2,637
Est. Monthly
5.90%
Cap Rate

About This Property

Welcome to the cutest turn-key cottage in peaceful Winston Park in Aldrich Estates! This immaculately kept two bed/ one bath has been lovingly maintained and sits on over a half acre of land. Cook in the cheerful kitchen, enjoy coffee in the dining room, and entertain in the surprisingly spacious living room! Details like the crown moldings, flooring, and countertops were carefully considered and add to the beachy vibe! The expansive back yard features a large paved patio, fire pit, and TONS of space for an addition or pool! With excellent schools and only 20 min from the beach, this cozy cottage is perfect for a first time buyer or downsizer! This will not last! Get there fast!
Unit Size
-
Days on Market
-
Land Size
0.54 acres
Price per sqft
-
Property Type
House
Property Taxes
$555
HOA Dues
-
Year Built
1960

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: 2 years ago (MOMLS #22423707)

Price History

Date / Event Date Event Price
Nov 4, 2024 Sold
Premium
Sold
Sep 18, 2024 In contract -
In contract
Aug 15, 2024 Listed by Resources Real Estate $424,000
Listed by Resources Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 955
  • Building Area: 955
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 955
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R-3A

Geography

  • Assessors Map Reference: TAX MAP 4.43
  • Account Number: 043620
  • District: 21
  • Parcel: 21 00095-0000-00004
  • Block: 95
  • Lot: 4
  • Municipality: HOWELL TWP
  • Latitude: 40.1556
  • Longitude: -74.2325

    Address

  • Full Address: 9 Brookside Dr
  • Address - House Number: 9
  • Address - Street Name: Brookside
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C004
  • 4-Digit Zip Code: 1314
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $665,851

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 410,391
  • High Value: 483,251
  • Low Value: 337,531

    Market Valuation

  • Market Total Value: $357,600
  • Market Land Value: $261,000
  • Market Improvement Value: $96,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,600
  • Assessed Land Value: $261,000
  • Assessed Improvements Value: $96,600
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:

$739,900

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1995 ft²

Average Home Age

45.2 years

Currently For Sale

1817 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 3 Eagle Court, Howell, NJ, 07731

$2,750 /mo

  • 2 Beds
  • 1 Bath
  • 1,276 ft²
3 Eagle Court, Howell, NJ, 07731 Listing by NICHOLAS BOULTON

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Mary Lynn Hughes, Resources Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22423707
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 Brookside Drive built and last sold?
The property at 9 Brookside Drive was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 9 Brookside Drive is $428,240.
What are some comparable homes to 9 Brookside Drive?
There are currently no comparable homes to 9 Brookside Drive.
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