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Leonardo 07737 Leonardo
9 Washington Avenue
$130,000
● House - Off Market

9 Washington Avenue

Middletown, NJ 07737
bedrooms
2 Beds
bathrooms
1 Bath
$274,811
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

Come see this 2 br/1 ba ranch with a full basement in a desirable location. Whether your looking for a handyman's special or a teardown to build new construction, the 3 most important things about a home are Location, location, location. This Location Is From your front steps, take a short walk to the water to see NYC skyline views, or enjoy from your front yard just down the hill a park  with playgrounds, tennis courts, hockey rink & open fields there is something for everyone.  Hop on your bike or walking shoes and stroll down the Henry Hudson Trail - first stop Atlantic Highlands with it's fantastic famous restaurants, music & arts. With easy access to the high speed NYC ferry - This one won't last. High & Dry; No Flood insurance req'd! Owner Motivated/Negotiable, Make All Offers Known!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
1908

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 #21701042)

Price History

Date / Event Date Event Price
Feb 15, 2017 Sold
Premium
Sold
Jan 8, 2017 Listed by Resources Real Estate $165,000
Listed by Resources Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • 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: 1
  • Exterior Walls Type: 19
  • 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: 632
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800400

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 30
  • Account Number: Feb 01, 2004
  • District: 32
  • Parcel: 32 00391-0000-00010
  • Block: 391
  • Lot: 10
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4163
  • Longitude: -74.0566

    Address

  • Full Address: 9 Washington Ave
  • Address - House Number: 9
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C004
  • 4-Digit Zip Code: 1554
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $671,042

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 429,669
  • High Value: 517,566
  • Low Value: 341,773

    Market Valuation

  • Market Total Value: $386,100
  • Market Land Value: $214,400
  • Market Improvement Value: $171,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,100
  • Assessed Land Value: $214,400
  • Assessed Improvements Value: $171,700
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 Leonardo

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$385

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1318 ft²

Average Home Age

88.7 years

Currently For Sale

8 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 10 Ocean Boulevard, Atlantic Highlands, NJ, 07716

$3,100 /mo

  • 1 Bed
  • 1 Bath
10 Ocean Boulevard #3C, Atlantic Highlands, NJ, 07716 Listing by Lisa Musillo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Allison Gregory, Resources Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21701042
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 Washington Avenue built and last sold?
The property at 9 Washington Avenue was built in 1908 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 9 Washington Avenue is $166,650.
What are some comparable homes to 9 Washington Avenue?
There are currently no comparable homes to 9 Washington Avenue.
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