$340,000
●
House -
Off Market
1168 Windlass Drive
Manahawkin, NJ 08050
3 Beds
2 Baths
1,820 Ft²
$397,912
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
This home is an 1800' + sq ft ranch featuring a split/open floor
plan in Ocean Acres. Open floor plan featuring vaulted ceilings
makes this home very spacious, and the wood stove in the living
room w/ new chimney is great for the winter. Enclosed porch
with a composite deck is also great for summertime entertaining.
Master suite includes new flooring, walk-in closet, jetted tub & a
stall shower. The two other bedrooms are spacious with newer
flooring. Hardwood floors in the kitchen/dinette were redone
and the ac unit is new as of 5/2020. In the summer of 2020,
the crawlspace was soda blasted, sealed, and a new vapor shield was
installed as well as new insulation. Also ample storage in
the attic, garage, & closets. Also close proximity to LBI, GS
Parkway, and AC. Reach out today!
Unit Size
1,820 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$176
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
2001
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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: 2 years ago (MOMLS #22100092)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2021 | Sold | ||
| Sold | |||
| Jan 2, 2021 | Listed by Diane Turton, Realtors-Lavallette | $320,000 | |
| Listed by Diane Turton, Realtors-Lavallette | |||
| May 20, 2019 | Sold | ||
| Sold | |||
| Mar 21, 2019 | Listed by Keller Williams Shore Properties | $269,900 | |
| Listed by Keller Williams Shore Properties | |||
| | |||
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It is not every day that you come across an 1800+ square foot ranch with a split floor plan too. This sprawling ranch is waiting just for you. Wood stove in the Living Room for that extra warmth and cozy feeling during the winter months. Open floor plan with vaulted ceiling and a screened porch with a large composite deck lend perfection to entertaining family and friends. Full Master Suite includes a walk in closet, jetted tub and stall shower. Close proximity to the beaches of Long Beach Island and Atlantic City are just a few of the reasons that make the location of this home so attractive. Two attics and a two car garage along with a concrete driveway provide plenty of storage and parking too. The yard is fenced in and there are two sheds. Call today to view this fabulous home.
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Property Highlights
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About Ocean Acres
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Listed by: Allen Gonzalez, Diane Turton, Realtors-Lavallette
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22100092
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# 22100092
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Address: 335 Madison Avenue, New York, NY 10017