$785,000
●
House -
Off Market
93 Gristmill Road
Howell, NJ 07731
4 Beds
3 Baths,
1
Half Bath
$4,506
Est. Monthly
5.38%
Cap Rate
About This Property
Welcome home to this charming boutique neighborhood, where this
meticulously maintained Colonial awaits. Boasting 4 spacious
bedrooms and 2.5 updated bathrooms, this residence offers comfort
and style. Step into the grand two-story foyer w/elegant shadowbox
molding. The formal living room and dining room are perfect for
hosting guests. The light-filled eat-in kitchen, open to the
vaulted ceiling great room, offers new granite counters, stainless
appliances, and a center island. Relax by the cozy gas fireplace in
the great room. The full basement offers plenty of storage space or
the potential for additional living space. Outside, the backyard
oasis awaits with an in-ground pool and lush landscaping. Updates
include newer roof, heating/air conditioning, vinyl floors, and
more. Turnkey gem!
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$971
HOA Dues
-
Year Built
1998
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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 #22403718)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by RE/MAX at Barnegat Bay - Toms River | $719,900 | |
| Listed by RE/MAX at Barnegat Bay - Toms River | |||
| | |||
|
Welcome home to this charming boutique neighborhood, where this meticulously maintained Colonial awaits. Boasting 4 spacious bedrooms and 2.5 updated bathrooms, this residence offers comfort and style. Step into the grand two-story foyer w/elegant shadowbox molding. The formal living room and dining room are perfect for hosting guests. The light-filled eat-in kitchen, open to the vaulted ceiling great room, offers new granite counters, stainless appliances, and a center island. Relax by the cozy gas fireplace in the great room. The full basement offers plenty of storage space or the potential for additional living space. Outside, the backyard oasis awaits with an in-ground pool and lush landscaping. Updates include newer roof, heating/air conditioning, vinyl floors, and more. Turnkey gem!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Monmouth
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Listed by: Susan Lucas-Sterling, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22403718
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: 3 years ago
Data Source: MOMMLS, MLS# 22403718
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