$1,299,000
●
House -
Off Market
120 Silo Road
Manahawkin, NJ 08050
4 Beds
3 Baths,
1
Half Bath
$7,546
Est. Monthly
2.39%
Cap Rate
About This Property
Welcome to this exceptional ''Newly Built'' Manahawkin Estate.
Prominent Builder's personal home! A True Architectural Masterpiece
perfectly situated on an oasis of tranquility~ 1.17 acres..Built in
2022 & Interior Decorated by ''NJ's Finest'' Elegantly Appointed
Homes. This Elegant & Sophisticated home boasts a Sun-Flooded 1st
floor .. Open Floor Plan w/ Artisan-Crafted Coffered Ceilings &
Moldings ,Center Island Chef's Kitchen , Exquisitely Appointed
12+Seating Dining Room , Stone Surround Living Room w/ walls of
windows overlooking a Lavish & Grand Heated, Salt Water Pool
surrounded by palatial & lush landscaping w/outdoor shower. Bonus
space of approx. 1000 sq ft on 2nd floor provides ''A Blank
Canvas'' w/ tremendous possibilities: 2nd Master Suite ,Theater.
etc.
Unit Size
-
Days on Market
-
Land Size
1.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,167
HOA Dues
-
Year Built
2022
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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: 3 years ago (MOMLS #22412416)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 4, 2024 | Listed by Weichert Realtors-Holmdel | $1,299,000 | |
| Listed by Weichert Realtors-Holmdel | |||
| Nov 21, 2023 | No longer available | - | |
| No longer available | |||
| Sep 2, 2023 | Listed by Weichert Realtors-Middletown | $1,299,000 | |
| Listed by Weichert Realtors-Middletown | |||
| | |||
|
Welcome to this exceptional ''Newly Built'' Manahawkin Estate. Prominent Builder's personal home! A True Architectural Masterpiece perfectly situated on an oasis of tranquility~ 1.17 acres..Built in 2022 & Interior Decorated by ''NJ's Finest'' Elegantly Appointed Homes. This Elegant & Sophisticated home boasts a Sun-Flooded 1st floor .. Open Floor Plan w/ Artisan-Crafted Coffered Ceilings & Moldings ,Center Island Chef's Kitchen , Exquisitely Appointed 12+Seating Dining Room , Stone Surround Living Room w/ walls of windows overlooking a Lavish & Grand Heated, Salt Water Pool surrounded by palatial & lush landscaping w/outdoor shower. Bonus space of approx. 1000 sq ft on 2nd floor provides ''A Blank Canvas'' w/ tremendous possibilities: 2nd Master Suite ,Theater. Great Room, etc.
| |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Ocean
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Listed by: Catherine DiFiore, Weichert Realtors-Holmdel
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22412416
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# 22412416
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