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Ocean Acres 08050
1074 Windlass Drive
$217,000
● House - Off Market

1074 Windlass Drive

Manahawkin, NJ 08050
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,473 Ft²
$351,412
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Are you looking to start your home ownership in Ocean Acres or maybe you want to start forming memories in your vacation home at the Jersey Shore? Make sure you check out this newly renovated colonial.  Your new home is located within ten minutes of Long Beach Island. The conveniences of newer shopping centers/ stores and restaurants can be enjoyed all within five minutes too. Do not hesitate to take a look and see why this renovated home and location can be just what you are looking for.
Unit Size
1,473 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1998

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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 #21739736)

Price History

Date / Event Date Event Price
Apr 17, 2018 Sold
Premium
Sold
Oct 14, 2017 Listed by Coldwell Banker Flanagan Realty $229,000
Listed by Coldwell Banker Flanagan Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 10,010
  • Lot Size Depth Feet: 905
  • Lot Size Frontage Feet: 1,106
  • Total Building Area: 1,473
  • Building Area: 1,473
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,473
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000229
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Stafford Township School District
  • Census Tract: 735004

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 35
  • District: 31
  • Parcel: 31 00044- 34-00041
  • Block: 44.34
  • Lot: 41
  • Municipality: STAFFORD TWP
  • Latitude: 39.7265
  • Longitude: -74.2771

    Address

  • Full Address: 1074 Windlass Dr
  • Address - House Number: 1074
  • Address - Street Name: Windlass
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C013
  • 4-Digit Zip Code: 2565
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $499,048

    Appraisal Valuation

  • Standard Deviation: 0.224
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 427,151
  • High Value: 522,842
  • Low Value: 331,460

    Market Valuation

  • Market Total Value: $212,000
  • Market Land Value: $65,500
  • Market Improvement Value: $146,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,000
  • Assessed Land Value: $65,500
  • Assessed Improvements Value: $146,500

    Sales

  • Current Sale Contract Date: Apr 03, 2018
  • Current Sale Recording Date: Apr 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018040317
  • Previous Sale Recording Date: Apr 19, 2017
  • Previous Sale Contract Date: Jan 30, 2017
  • Previous Sale Amount: $101,000
  • Previous Sale Document Type: 64

    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 Ocean Acres

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$290

Below Asking

0.01%

Average Days on Market

62

Average Home Size

1652 ft²

Average Home Age

28.9 years

Currently For Sale

81 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 399 Golfview Drive, Stafford, NJ, 08050

$3,800 /mo

  • 4 Beds
  • 4 Baths
  • 3,356 ft²
399 Golfview Drive, Stafford, NJ, 08050 Listing by Katty Velez

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Walter Meislohn, Coldwell Banker Flanagan Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21739736
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 1074 Windlass Drive built and last sold?
The property at 1074 Windlass Drive was built in 1998 and last sold on Apr 3, 2018 for $217,000.
How much is this home worth?
The estimated value of the home located at 1074 Windlass Drive is $240,898.
What are some comparable homes to 1074 Windlass Drive?
There are currently no comparable homes to 1074 Windlass Drive.
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