12 Lighthouse Drive
About This Property
Welcome to this former Model Home built by Lighthouse Development. These sellers have been the only owners since 1991. 3 Bedroom 2 full baths. This homes sits on the lake and the view is to die for. New roof 2021 and furnace and air are only 5 years young. Home features a bump out in the kitchen to put a small table and it also boasts a dining room! The huge yard is meticulously maintained and ready for entertaining. Come out to see this home before its too late. It just needs your modern touches to make it your own.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2022 | Sold | ||
| Sold | |||
| Nov 7, 2022 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $359,900 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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COMING SOON, WILL GO LIVE ON NOVEMBER 7
Welcome to this former Model Home built by Lighthouse Development. These sellers have been the only owners since 1991. 3 Bedroom 2 full baths. This homes sits on the lake and the view is to die for. New roof 2021 and furnace and air are only 5 years young. Home features a bump out in the kitchen to put a small table and it also boasts a dining room! The huge yard is meticulously maintained and ready for entertaining. Come out to see this home before its too late. It just needs your modern touches to make it your own.
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Property Highlights
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Price/ft²
Listed On
Sold On
About Ocean Acres
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,950 /mo
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$3,000 /mo
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Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22233865
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017