1011 Neosho Drive
About This Property
Welcome to this stunning 3-bedroom, 3-bathroom raised ranch offering 1,680 sq. ft. of living space and direct access to the Barnegat Bay. Perfectly positioned on the water, this home blends comfort, style, and the ultimate Jersey Shore lifestyle.
Inside, you'll find a bright and inviting layout, thoughtfully maintained and move-in ready. The raised design includes a garage and lower level, providing ample storage and functionality.
Outside, enjoy a private floating dock and jet ski dock with lift for effortless boating, fishing, and water sports. Entertain or unwind on the expansive deck with a hot tub, or savor beautiful water views from the rooftop deck. Whether you're seeking a year-round residence or a vacation getaway, this property delivers the perfect combination of waterfront living and modern convenienceall just moments from Barnegat Bay.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 21, 2026 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Price Decreased |
$829,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Aug 13, 2025 | Listed by Prodigy Real Estate Inc. | $849,000 | |
| Listed by Prodigy Real Estate Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017