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Leonardo 07737 Leonardo
98 Hamilton Avenue
$102,150
● House - Off Market

98 Hamilton Avenue

Leonardo, NJ 07737
bedrooms
2 Beds
bathrooms
1 Bath
$141,924
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Unique property in the heart of Leonardo. Offers many possibilities.  Land goes through from Hamilton to Highland.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1928

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 #21723409)

Price History

Date / Event Date Event Price
Aug 24, 2017 Sold
Premium
Sold
Jun 14, 2017 Listed by Gloria Nilson & Co. Real Estate $89,000
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,550
  • Lot Size Depth Feet: 2,310
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,036
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000265
  • 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 29
  • Account Number: Feb 01, 2004
  • District: 32
  • Parcel: 32 00343-0000-00004
  • Block: 343
  • Lot: 4
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4183
  • Longitude: -74.0661

    Address

  • Full Address: 98 Hamilton Ave
  • Address - House Number: 98
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C003
  • 4-Digit Zip Code: 1124
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $550,598

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 398,389
  • High Value: 469,118
  • Low Value: 327,659

    Market Valuation

  • Market Total Value: $316,800
  • Market Land Value: $230,300
  • Market Improvement Value: $86,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,800
  • Assessed Land Value: $230,300
  • Assessed Improvements Value: $86,500

    Sales

  • Current Sale Contract Date: Aug 23, 2017
  • Current Sale Recording Date: Sep 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017088823

    Financing

  • First Mortgage Financing Type: FIX
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 124 Wilson Avenue, Port Monmouth, NJ, 07758

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 2,503 ft²
124 Wilson Avenue, Port Monmouth, NJ, 07758 Listing by Erin Yetman
Unit for rent at 308 Wedgewood Circle, Belford, NJ, 07718

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,162 ft²
308 Wedgewood Circle #308, Belford, NJ, 07718 Listing by Gary Thomson

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Graeme W Atkinson, Gloria Nilson & Co. Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21723409
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 98 Hamilton Avenue built and last sold?
The property at 98 Hamilton Avenue was built in 1928 and last sold on Aug 23, 2017 for $102,150.
How much is this home worth?
The estimated value of the home located at 98 Hamilton Avenue is $89,890.
What are some comparable homes to 98 Hamilton Avenue?
There are currently no comparable homes to 98 Hamilton Avenue.
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