$561,500
●
House -
Off Market
110 Manito Road
Manasquan, NJ 08736
5 Beds
2 Baths
2,034 Ft²
$817,590
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Rated one of the best beaches & best towns to live in in NJ-
Manasquan!Huge potential awaits in this 5 bd home.Open
concept floor plan all close to Downtown and just a short cruise to
the beach.Whether you just want to use the contribution toward
closing costs to refresh this colonial or have grander plans, the
value is there.A few hundred feet away is a cute community
park.Desirable Manasquan schools with k-8 elementary school & award
winning HS.Squan boasts an amazing community,an active recreation
program with activities for all ages & interests & a downtown with
it all. Manasquan has consecutive state championships in
surfing,football,bowling & more.Amazing opportunity to get into a
larger home in Manasquan at a great price.$5,000 credit toward
closing costs for flooring/fence updates
Unit Size
2,034 Ft²
Days on Market
-
Land Size
-
Price per sqft
$283
Property Type
House
Property Taxes
$621
HOA Dues
-
Year Built
1978
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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: 3 years ago (MOMLS #22004258)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2020 | Sold | ||
| Sold | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Feb 1, 2020 | Listed by The Gallery Residential Brokerage | $575,000 | |
| Listed by The Gallery Residential Brokerage | |||
| Nov 9, 2019 | No longer available | - | |
| No longer available | |||
| Nov 7, 2019 | Listed | $585,000 | |
| Listed | |||
| | |||
|
Classic seashore colonial with modern conveniences: stainless-steel appliances, kitchen with clean lines, and white cabinetry & magnificent open-concept layout. This cheerful home is designed with entertaining in mind! The interior is bright, has large bedrooms on the 1st and 2nd floor. The dining room and 2 first floor bedrooms have hardwood flooring. The 2nd floor boasts a large master. All 3 upper bedrooms have 2 closets. Closet lovers, this is your home! For recreation, a family room leads to a sunny east-facing deck: perfect for morning coffee & patio for outdoor meals. Convenient location near beaches, parks, train station, schools, town, and a paved former railroad 5.5-mile bike path. It's a great opportunity to in a beautiful and spacious home in a bucolic community! The manager has listed the unit size as 2034 square feet.
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Manasquan
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Listed by: Heather Garrett-Muly, The Gallery Residential Brokerage
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22004258
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.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22004258
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