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$245,000
● Condo - Off Market

Manalapan, NJ
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,500 Ft²
$478,972
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

Like New just move Kitchen Has all new appliances large Bright and sunny Decorative molding in foyer all rooms newly painted, new carpets Hardwood floors. two Master size bedrooms great for room mate or mother and daughter Many closets. Large family room. Must See
Unit Size
1,500 Ft²
Days on Market
-
Land Size
917.00 acres
Price per sqft
$171
Property Type
Condo
Property Taxes
$450
HOA Dues
$178
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21431999)

Price History

Date / Event Date Event Price
Jan 30, 2015 Sold
Premium
Sold
Aug 8, 2014 Listed by Keller Williams Realty West Monmouth $256,900
Listed by Keller Williams Realty West Monmouth

Property Highlights

Air Conditioning
Garage
Parking Details
Has Garage
Parking Features: Open
Garage Spaces: 1
Total Garage and Parking Spaces: 5
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 1
Interior Features: Recessed Lighting
Rooms: 10
Full, Full Finished
Exterior Details
Year Built: 2001
Exclusions: NONE
Inclusions: Dishwasher
Exterior Features: Deck
Roof: Shingle
Construction Materials: Brick Veneer
Architectural Style: Condo
Lot Size Acres: 917
Lot Size Square Feet: 39944520
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $260,100
Tax Year: 2013
Tax Annual Amount: $5,405
Association Fee Includes: Common Area
Association Amenities: Landscaping
Association Fee: $178
Association Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer Information: Public Sewer
Water Source: Public

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
MOMMLS

Listed by: Marilyn Thompson, Keller Williams Realty West Monmouth
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21431999
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.
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