12
Map
$575,000
●
House -
For Sale
1113 LEILANI DRIVE
FORKED RIVER, NJ 08731
2 Beds
1 Bath
480 Ft²
$3,297
Est. Monthly
About This Property
Don't miss this incredible opportunity to own a charming waterfront
bungalow situated on a generous 60' x 100' lot - vinyl bulkhead
with quick bay access offering endless possibilities to enjoy today
or create your waterfront retreat in the future. Wake up to
breathtaking sunrises, spend your days boating, fishing, kayaking,
or simply relaxing by the water, and end each evening with
spectacular sunsets from your own backyard. Whether you're looking
for a year-round residence, a weekend getaway, or an investment
opportunity, this waterfront gem delivers. With its desirable lot
size, and exceptional potential, opportunities like this are few
and far between.
Unit Size
480 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$1,198
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1969
Listed By
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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 months ago (Bright MLS #NJOC2044296)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2026 | Listed by Weichert Realtors - Forked River | $575,000 | |
| Listed by Weichert Realtors - Forked River | |||
| Jul 13, 2026 | Listed by Weichert Realtors-Forked River | $575,000 | |
| Listed by Weichert Realtors-Forked River | |||
   | |||
|
Don't miss this incredible opportunity to own a charming waterfront bungalow situated on a generous 60' x 100' lot - vinyl bulkhead with quick bay access offering endless possibilities to enjoy today or create your waterfront retreat in the future.
Wake up to breathtaking sunrises, spend your days boating, fishing, kayaking, or simply relaxing by the water, and end each evening with spectacular sunsets from your own backyard. Whether you're looking for a year-round residence, a weekend getaway, or an investment opportunity, this waterfront gem delivers. With its desirable lot size, and exceptional potential, opportunities like this are few and far between.
| |||
Property Highlights
With View
Parking Details
Parking Features: Gravel Driveway
Interior Details
Full Bathrooms: 1
Interior Features: Breakfast Bar, Pantry, Attic, Bathroom - Tub Shower, Floor Plan - Open
Appliances: Range Hood, Refrigerator, Stove
Rooms: 4
Exterior Details
Square Footage: 480
Square Footage Source: $0
Security Features: Electric Alarm
Architectural Style: Raised Ranch
Year Built Source: Estimated
Year Built: 1969
Levels: 1
Other Structures: Above Grade
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Features: Bulkheaded
Lot Size Area: 6098
Lot Size Units: Square Feet
Lot Size Acres: 0.14
Lot Size Square Feet: 6098
Lot Size Dimensions: 60x100
Tax Lot: 00004
Water Source: Public
Financial Details
Tax Assessed Value: $207,400
Tax Annual Amount: $5,672
Utilities Details
Cooling Type: Multi Units
Heating Type: Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Forked River
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Listed by: Christine Bender
Weichert Realtors - Forked River
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJOC2044296
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Weichert Realtors - Forked River
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJOC2044296
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017