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Ocean Acres 08050
1202 Barnacle Drive
$312,000
● House - Off Market

1202 Barnacle Drive

Manahawkin, NJ 08050
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$447,897
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

This home just might be the one you have been looking for. Everything is updated, from the kitchen with granite counter tops and the updated bathrooms. The two upstairs bathrooms were just completed in October!.Roof, furnace, hot water heater and central air were all replaced in late 2018. The beautiful in ground pool had the liner replaced in 2018 also. Vinyl fencing in the yard, safety fence comes with so your little ones are safe. This home is move in ready!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
2000

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (MOMLS #22006023)

Price History

Date / Event Date Event Price
Apr 24, 2020 Sold
Premium
Sold
Feb 13, 2020 Listed by RE/MAX at Barnegat Bay - Manahawkin $315,000
Listed by RE/MAX at Barnegat Bay - Manahawkin
This home just might be the one you have been looking for. Everything is updated, from the kitchen with granite counter tops and the updated bathrooms. The two upstairs bathrooms were just completed in October!.Roof, furnace, hot water heater and central air were all replaced in late 2018. The beautiful in ground pool had the liner replaced in 2018 also. Vinyl fencing in the yard, safety fence comes with so your little ones are safe. This home is move in ready!!

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 2
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,807
  • Lot Size Depth Feet: 1,041
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,762
  • Building Area: 1,762
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,762
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000179
  • 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 36
  • District: 31
  • Parcel: 31 00044- 18-00040
  • Block: 44.18
  • Lot: 40
  • Municipality: STAFFORD TWP
  • Latitude: 39.7248
  • Longitude: -74.2873

    Address

  • Full Address: 1202 Barnacle Dr
  • Address - House Number: 1202
  • Address - Street Name: Barnacle
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C008
  • 4-Digit Zip Code: 2409
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $592,266

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 494,599
  • High Value: 601,154
  • Low Value: 388,044

    Market Valuation

  • Market Total Value: $251,600
  • Market Land Value: $62,500
  • Market Improvement Value: $189,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,600
  • Assessed Land Value: $62,500
  • Assessed Improvements Value: $189,100

    Sales

  • Current Sale Contract Date: Apr 20, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020044527
  • Previous Sale Recording Date: Feb 02, 2004
  • Previous Sale Contract Date: Nov 25, 2003
  • Previous Sale Amount: $286,500
  • Previous Sale Document Type: 27
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

$293

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1542 ft²

Average Home Age

26.3 years

Currently For Sale

58 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 135 Nautilus Drive, Manahawkin, NJ, 08050

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 996 ft²
135 Nautilus Drive, Manahawkin, NJ, 08050 Listing by David Breitweiser

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Traci Tarantola, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22006023
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 1202 Barnacle Drive built and last sold?
The property at 1202 Barnacle Drive was built in 2000 and last sold on Apr 20, 2020 for $312,000.
How much is this home worth?
The estimated value of the home located at 1202 Barnacle Drive is $0.
What are some comparable homes to 1202 Barnacle Drive?
There are currently no comparable homes to 1202 Barnacle Drive.
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