$715,000
●
House -
Off Market
9 Schelly Drive
Middletown, NJ 07748
4 Beds
3 Baths
2,428 Ft²
$4,042
Est. Monthly
5.82%
Cap Rate
About This Property
WONDERFUL FOUR BEDROOM THREE FULL BATH HOME WITH TWO CAR GARAGE
SITUATED ON BEAUTIFUL CORNER PROPERTY. THIS LOVELY HOME FEATURES
MANY RECENT UPDATES INCLUDING A NEWLY UPDATED KITCHEN WITH GRANITE
COUNTERS, APPLIANCES, TILE BACKSPLASH AND PLENTY OF CUSTOM
CABINETRY. KITCHEN OPENS TO A SPACIOUS DINING ROOM THAT WILL
ACCOMMODATE LARGE HOLIDAY GATHERINGS. TERRIFIC HARDWOOD FLOORS ON
UPPER LEVEL. UPDATED BATHS. FOUR GENEROUS SIZE BEDROOMS AND THREE
FULL BATHS. LARGE FAMILY ROOM WITH WET BAR AREA, CABINETS,
REFRIGERATOR, MICROWAVE. FIRST LEVEL FULL BATH AND SPACIOUS BEDROOM
AFFORDS AWESOME IN-LAW POSSIBILITIES. HWBB HEAT AND UPDATED
WINDOWS. TWO CAR DIRECT ENTRY GARAGE, NEWLY INSTALLED DECK
OVERLOOKING A TERRIFIC YARD. HURRY, THIS HOME WILL NOT LAST LONG.
Unit Size
2,428 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$278
Property Type
House
Property Taxes
$727
HOA Dues
-
Year Built
1956
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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 #22332503)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 8, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2023 | Listed by Coldwell Banker Realty | $675,000 | |
| Listed by Coldwell Banker Realty | |||
| Nov 13, 2015 | Sold | ||
| Sold | |||
| Apr 1, 2015 | Listed by Coldwell Banker Realty | $375,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
WARM & INVITING! this very spacious home boasts great curb appeal & a very welcoming interior. There is hardwood flooring throughout much of the home & a neutral decor. The living & dining rooms are large enough for holiday entertaining & there is a separate family room with slider to the backyard. A fully equipped eat in kitchen features warm oak cabinetry & a slider to the much newer deck -- a great place for the grill & family dinners. An en suite master bedroom boasts two closets. In addition to the family room, the lower level has a large 4th bedroom, a craft/computer room & powder room. Significant updates include a boiler for the HWBB heat, central air, a much newer roof, & very recent exterior painting. Owner offers a ONE YEAR AHS WARRANTY to the fortunate new owners!
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Property Highlights
Parking Available
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Monmouth
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Listed by: Jeffrey Dispenza, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22332503
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.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22332503
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