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Monmouth 07748
9 Scenic Way
$607,000
● House - Off Market

9 Scenic Way

Middletown, NJ 07748
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,247,476
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Looking for new? Completely redone Fox Hill Colonial. Hardwood floors on 1st floor & upstairs hallway. Formal Living & Dining Room. Eat-in-Kitchen has SS appl & Corian c/tops. M/Bedroom w/3 closets & w/w carpeting. All new bathrooms with granite vanity tops. One year old Furnace,CA & Hot Water Heater. Solid Wood Raised panel doors. 2nd Floor Laundry room. Bonus Room above garage waiting to be finished. New paver walkway & patio in private backyard. New Timberline roof, vinyl siding and windows.
Unit Size
-
Days on Market
-
Land Size
0.62 acres
Price per sqft
-
Property Type
House
Property Taxes
$916
HOA Dues
-
Year Built
1978

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: 3 years ago (MOMLS #21324997)

Price History

Date / Event Date Event Price
Oct 3, 2013 Sold
Premium
Sold
Jul 18, 2013 Listed by Heritage House Sotheby's International Realty $639,900
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,140
  • Garage Type: 10
  • Garage Square Area: 644
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 2,250
  • Total Building Area: 2,610
  • Building Area: 2,610
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,610
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000620
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801100

Zoning

  • Zoning: R30

Geography

  • Assessors Map Reference: TAX MAP 175
  • District: 32
  • Parcel: 32 00860-0000-00132
  • Block: 860
  • Lot: 132
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3834
  • Longitude: -74.1269

    Address

  • Full Address: 9 Scenic Way
  • Address - House Number: 9
  • Address - Street Name: Scenic
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C009
  • 4-Digit Zip Code: 2426
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,767,546

    Appraisal Valuation

  • Standard Deviation: 0.1664
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 1,105,408
  • High Value: 1,289,353
  • Low Value: 921,464

    Market Valuation

  • Market Total Value: $1,017,000
  • Market Land Value: $424,200
  • Market Improvement Value: $592,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,017,000
  • Assessed Land Value: $424,200
  • Assessed Improvements Value: $592,800

    Sales

  • Current Sale Contract Date: Sep 27, 2013
  • Current Sale Recording Date: Oct 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2013119870
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

Unit for rent at 54 Pate Drive, Middletown, NJ, 07748

$4,500 /mo

  • 3 Beds
  • 2 Baths
54 Pate Drive, Middletown, NJ, 07748 Listing by Weiming Wong

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Susan M Crowe, Heritage House Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21324997
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 Scenic Way built and last sold?
The property at 9 Scenic Way was built in 1978 and last sold on Sep 27, 2013 for $607,000.
How much is this home worth?
The estimated value of the home located at 9 Scenic Way is $646,299.
What are some comparable homes to 9 Scenic Way?
There are currently no comparable homes to 9 Scenic Way.
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