$565,000
●
House -
Off Market
116 Silo Avenue
Manahawkin, NJ 08050
5 Beds
4 Baths,
1
Half Bath
4,400 Ft²
$806,048
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Situated on 1 acre of land, this impressive home is set in the
prestigious Prospect Ridge Estates. Upon entering the dramatic
2-story Foyer, you are greeted by a Formal LR & DR w/tray clng. The
Gourmet KI features tile floors, 2 DWs, a dble Wall Oven, Granite
Cntrs, 42'' Cabinets, & Butler Pantry w/wine fridge. Stroll into
the huge sunken Great Rm w/Fireplace featuring marble hearth. The
Conservatory offers vaulted clngs, French doors & tranquil views.
Convenient 1st FL BR has full BA. On 2nd FL, the Master Ensuite is
a private retreat w/Sitting Rm & Bonus Rm that can be used as
nursery or office. Backyard paver Patio has Outdoor Kitchen
w/Granite Counter Breakfast Bar-providing the best in outdoor
living! 3-car garage, full basement & meticulous landscaping. See
Flyer for add'l amenities!
Unit Size
4,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$131
Property Type
House
Property Taxes
$1,123
HOA Dues
-
Year Built
2009
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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 #21923073)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2020 | Sold | ||
| Sold | |||
| Jun 4, 2019 | Listed by Century 21 Action Plus Realty | $574,900 | |
| Listed by Century 21 Action Plus Realty | |||
| | |||
|
Situated on 1 acre of land, this impressive home is set in the prestigious Prospect Ridge Estates. Upon entering the dramatic 2-story Foyer, you are greeted by a Formal LR & DR w/tray clng. The Gourmet KI features tile floors, 2 DWs, a dble Wall Oven, Granite Cntrs, 42? Cabinets, & Butler Pantry w/wine fridge. Stroll into the huge sunken Great Rm w/Fireplace featuring marble hearth. The Conservatory offers vaulted clngs, French doors & tranquil views. Convenient 1st FL BR has full BA. On 2nd FL, the Master Ensuite is a private retreat w/Sitting Rm & Bonus Rm that can be used as nursery or office. Backyard paver Patio has Outdoor Kitchen w/Granite Counter Breakfast Bar-providing the best in outdoor living! 3-car garage, full basement & meticulous landscaping. See Flyer for add?l amenities!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
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 Ocean
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Listed by: Jackson A Downey, C21/ Action Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21923073
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: 2 years ago
Data Source: MOMMLS, MLS# 21923073
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Phone: 425-283-2930
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