$175,851
●
House -
Off Market
1162 Barnacle Drive
Manahawkin, NJ 08050
3 Beds
2 Baths
912 Ft²
$278,588
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Nice 3 bedroom, 2 bath ranch on a large lot, hardwood floors, solar
panels, 1 car garage, with a driveway on each side of the yard.
HUD Home. Equal Housing Opportunity. Sold ''AS IS'' by elec.
bid only. Prop avail 4-16-19. Bids due daily until sold. FHA Case
#351-696103. Insured w Escrow Rpr. Eligible for FHA 203K. No
repairs allowed until after closing. Buyer to verify all info.
Repairs: Install handrails garage utilities area.
Remediate mold-like substance in kitchen ceiling. Roof inspection is recommended, repair as needed.
Scrape and paint peeling exterior paint on front deck.
Remediate mold-like substance in kitchen ceiling. Roof inspection is recommended, repair as needed.
Scrape and paint peeling exterior paint on front deck.
Unit Size
912 Ft²
Days on Market
-
Land Size
-
Price per sqft
$208
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1973
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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 #21912124)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2019 | Sold | ||
| Sold | |||
| Mar 25, 2019 | Listed by Williamson Realtors | $190,000 | |
| Listed by Williamson Realtors | |||
| Apr 1, 2016 | Sold | ||
| Sold | |||
| Jul 18, 2015 | Listed by RE/MAX at Barnegat Bay - Ship Bottom | $198,500 | |
| Listed by RE/MAX at Barnegat Bay - Ship Bottom | |||
| | |||
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Like new 3 bedroom rancher with 2 full ceramic tiled baths. This totally renovated home has numerous amenities and features including a large eat-in-kitchen with full newer appliance package & under cabinet lighting, ceiling fans, 6 panel colonial doors, newer vinyl tilt-in windows with blinds, newer bathrooms, newer gas hot water baseboard heating and central air, newer electric panel, washer & dryer, beautiful hardwood flooring throughout, 1 car garage with new insulated overhead garage door & opener, storm & sliding glass door, tastefully painted with neutral colors, large pressure treated 12 x 20 deck, above ground pool, concrete driveway all located on an oversized lot with exceptional rear yard. Convenient to all area shopping, transportation & the best beaches of Long Beach Island. Seller financing available. Start your family memories today!
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ocean Acres
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Listed by: Keith D Williamson, Williamson Realtors
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21912124
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# 21912124
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017