100 Manito Road
About This Property
Freshly prepared for its new homeowners, every corner of this abode radiates warmth, beckoning one to move right in without a hitch. There are hardwood floors, custom window blinds and custom decorative molding throughout the home. The heart of this home is undeniably its state-of-the-art kitchen. Drenched in luxury, it features gleaming quartz countertops that contrast beautifully with top-of-the-line stainless steel appliances. The breakfast island not only serves as an additional prep area but also becomes a focal gathering spot. Custom cabinetry completes the space, offering ample storage while maintaining a sleek, streamlined appearance. This culinary haven seamlessly opens to the living room and dining area, ensuring a free flow of conversations and memories.
The primary suite provides the perfect balance of lavishness and practicality. A spacious bedroom with double closets and ensuite bathroom with tiled shower stall. There are also two more full bedrooms that share a bathroom with a shower and tub.
The fenced-in private backyard serves as a personal retreat and an entertainer's dream. The stamped concrete patio sets the stage for alfresco dinners or weekend lounging. The hot tub promises therapeutic evenings, while the outdoor shower is perfect to rinse off when coming back from the beach. Don't forget the mounted SunBrite all-weather TV. There is also a shed for extra storage.
Convenient to Downtown Manasquan, the fabulous schools, the bike trail, NJ Transit trains and major roadways. Just about 2 miles from the beach. Ideal for summer getaways or year-round living. Pristine and move-in ready.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | $825,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017