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Ocean Acres 08050
120 Nautilus Drive
$499,900
● House - Off Market

120 Nautilus Drive

Manahawkin, NJ 08050
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,108 Ft²
$2,985
Est. Monthly
7.85%
Cap Rate

About This Property

This colonial-style residence boasts a charming front porch, featuring four bedrooms and two and a half bathrooms. The well-appointed kitchen includes a spacious eat-in area with a breakfast bar, ideal for casual dining. A cozy family room, complete with a gas fireplace, offers a comfortable space for relaxation and entertainment. The luxurious master bedroom features a full ensuite bathroom with double sinks, a soaking tub, and a separate shower, as well as a generously-sized walk-in closet. Additionally, the property includes a two-car garage, vinyl siding for low maintenance, and an irrigation system for easy lawn care. With gas heating and central air conditioning, this home ensures year-round comfort and efficiency. Conveniently located near Route 72 and the Garden State Parkway.
Unit Size
2,108 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$237
Property Type
House
Property Taxes
$530
HOA Dues
-
Year Built
2000

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Cap Rate Calculator

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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 #22415316)

Price History

Date / Event Date Event Price
Jul 22, 2024 Sold
Premium
Sold
Jun 27, 2024 In contract -
In contract
May 31, 2024 Listed by Coldwell Banker Home Connection Realty $499,900
Listed by Coldwell Banker Home Connection Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,108
  • Building Area: 2,108
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,108
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Stafford Township School District
  • Census Tract: 735004

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 37
  • District: 31
  • Parcel: 31 00044- 25-00032
  • Block: 44.25
  • Lot: 32
  • Municipality: STAFFORD TWP
  • Latitude: 39.723
  • Longitude: -74.2808

    Address

  • Full Address: 120 Nautilus Dr
  • Address - House Number: 120
  • Address - Street Name: Nautilus
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C010
  • 4-Digit Zip Code: 2450
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $608,509

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 511,597
  • High Value: 610,589
  • Low Value: 412,605

    Market Valuation

  • Market Total Value: $258,500
  • Market Land Value: $55,400
  • Market Improvement Value: $203,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,500
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $203,100

    Sales

  • Current Sale Contract Date: Mar 25, 2009
  • Current Sale Recording Date: Mar 26, 2009
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2009029522
  • Previous Sale Recording Date: Sep 03, 2008
  • Previous Sale Contract Date: Aug 29, 2008
  • Previous Sale Document Type: 12
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean Acres

Stats & Trends

Median Asking:

$559,500

Sale Price/ft²

$292

Below Asking

0.01%

Average Days on Market

70

Average Home Size

1595 ft²

Average Home Age

26.1 years

Currently For Sale

56 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 356 Leeward Road, Manahawkin, NJ, 08050

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
356 Leeward Road, Manahawkin, NJ, 08050 Listing by Jamie Arcykiewicz
Unit for rent at 399 Golfview Drive, Stafford, NJ, 08050

$3,600 /mo

  • 4 Beds
  • 4 Baths
  • 3,356 ft²
399 Golfview Drive, Stafford, NJ, 08050 Listing by Katty Velez

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Edward Ramiza, Coldwell Banker Home Connection Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22415316
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.

Frequently Asked Questions

When was property at 120 Nautilus Drive built and last sold?
The property at 120 Nautilus Drive was built in 2000 and last sold on Mar 25, 2009 for $0.
How much is this home worth?
The estimated value of the home located at 120 Nautilus Drive is $510,577.
What are some comparable homes to 120 Nautilus Drive?
There are currently no comparable homes to 120 Nautilus Drive.
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