11 Avenue D
About This Property
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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%.
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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 15, 2026 | Listed by Real Broker, LLC- Fairfield | $599,900 | |
| Listed by Real Broker, LLC- Fairfield | |||
| Oct 9, 2025 | Listed | $625,000 | |
| Listed | |||
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Welcome to 11 Avenue D in Manahawkin, NJ, a rare mother/daughter style property featuring two separate living structures, offering endless potential for multi-generational living, extended family, or rental income.
The main home features a comfortable layout with an open concept living area and kitchen, with 4 bedrooms, providing a warm and inviting atmosphere. The second structure offers its own private entrance, and is a 1 bedroom, kitchen, bathroom, and living area. It is perfect for guests, in-laws, or as an independent rental unit.
Set on a generous lot, the property includes plenty of parking and outdoor space for entertaining, gardening, or relaxing in the coastal air. Located in a quiet neighborhood just minutes from Long Beach Island, local marinas, shopping, and dining, this home combines flexibility and convenience in a sought-after Manahawkin location.
Whether you're looking to create a multi-family retreat or an investment opportunity, 11 Avenue D is full of potential and ready for your personal touch.
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| Jul 11, 2025 | Price Decreased |
$625,000
↓ $50K
(7.4%) | |
| Price Decreased | |||
| Jun 13, 2025 | Price Decreased |
$675,000
↓ $125K
(15.6%) | |
| Price Decreased | |||
| Feb 7, 2025 | Listed | $799,999 | |
| Listed | |||
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Location!!! Location!!!Location!!! This unique 4-bedroom 2.5 bath home is located just minutes from Long Beach Island for all your fun in the sun and outdoor activities. Enjoy year round living with the ability to entertainment inside and out. The property also has a lovely IN-LAW-SWEET for your guests/or family with 2 floors that includes a kitchen, 1.5 baths, and fireplace for those cold winter nights. The outdoor oasis is equipped with a shower, bar for those afternoon happy hours and a brick oven to make your very own pizza. A short distance to the beach, the beautiful bay views and a short walk to very popular restaurants, The Old Causeway and Mud City await. This charming home makes a perfect year-round home or rental property. Seller ia Showings will begin on Saturday, February 8th
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Ocean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017