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Monmouth 07748
97 Swartzel Drive
$263,000
● House - Off Market

97 Swartzel Drive

Middletown, NJ 07748
bedrooms
2 Beds
bathrooms
1 Bath
$397,849
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1949

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 #21826215)

Price History

Date / Event Date Event Price
Aug 9, 2018 Sold
Premium
Sold
Jun 30, 2018 Listed by Heritage House Sotheby's International Realty $263,000
Listed by Heritage House Sotheby's International Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 5
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,100
  • Lot Size Depth Feet: 2,910
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 940
  • Building Area: 940
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 940
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000668
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800800

Zoning

  • Zoning: R22

Geography

  • Assessors Map Reference: TAX MAP 105
  • Account Number: Mar 01, 2005
  • District: 32
  • Parcel: 32 00638-0000-00202
  • Block: 638
  • Lot: 202
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4012
  • Longitude: -74.0876

    Address

  • Full Address: 97 Swartzel Dr
  • Address - House Number: 97
  • Address - Street Name: Swartzel
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C002
  • 4-Digit Zip Code: 2825
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $689,986

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 428,692
  • High Value: 507,326
  • Low Value: 350,058

    Market Valuation

  • Market Total Value: $397,000
  • Market Land Value: $315,000
  • Market Improvement Value: $82,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,000
  • Assessed Land Value: $315,000
  • Assessed Improvements Value: $82,000

    Sales

  • Current Sale Contract Date: Oct 06, 2023
  • Current Sale Recording Date: Oct 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 73969
  • Previous Sale Recording Date: Aug 29, 2018
  • Previous Sale Contract Date: Aug 09, 2018
  • Previous Sale Amount: $263,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

$387

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1994 ft²

Average Home Age

45.2 years

Currently For Sale

1815 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 149 11th Street, Belford, NJ, 07718

$3,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,238 ft²
149 11th Street, Belford, NJ, 07718 Listing by Carly M York

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Dorothy Carney Donlin, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21826215
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 97 Swartzel Drive built and last sold?
The property at 97 Swartzel Drive was built in 1949 and last sold on Oct 6, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 97 Swartzel Drive is $265,630.
What are some comparable homes to 97 Swartzel Drive?
There are currently no comparable homes to 97 Swartzel Drive.
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