$650,000
●
House -
Off Market
1235 Windlass Drive
Manahawkin, NJ 08050
4 Beds
3 Baths,
1
Half Bath
2,442 Ft²
$3,873
Est. Monthly
5.65%
Cap Rate
About This Property
Welcome to this beautiful 4-bedroom, 2.5-bath home in the
sought-after Ocean Acres neighborhood of Manahawkin. Sitting on a
spacious corner lot, this home is full of charm, from its inviting
front porch-perfect for morning coffee-to the thoughtfully designed
living spaces inside. Step through the front door into a warm and
welcoming layout. The formal living and dining rooms offer the
perfect space for gatherings, while custom crown molding adds a
touch of elegance. The heart of the home is the bright and open
eat-in kitchen, featuring a center island, granite countertops,
stainless steel appliances, and a sunlit dining area-ideal for
everyday meals or hosting friends and family. Just off the kitchen,
the cozy family room is the perfect spot to relax or entertain.
Upstairs, the spacious primary suite is a true retreat, complete
with dual walk-in closets and a spa-like ensuite featuring a
soaking tub and stall shower. Three additional bedrooms provide
plenty of space for family, guests, or even a home office. Need
more room? The full basement is ready for your personal
touchwhether you dream of a home theater, gym, playroom, or extra
storage space. Outside, the custom paver patio overlooks a
beautifully landscaped, tree-lined yard, just waiting for you to
create your own backyard oasis. Located just minutes from LBI's
stunning beaches, shopping, and dining, this home truly has it all.
Don't miss your chance to see itschedule a private tour today!
Unit Size
2,442 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$266
Property Type
House
Property Taxes
$681
HOA Dues
-
Year Built
2009
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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 #22504306)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2025 | Sold | ||
| Sold | |||
| Mar 7, 2025 | In contract | - | |
| In contract | |||
| Mar 2, 2025 | Price Decreased |
$649,990
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Feb 17, 2025 | Listed by Keller Williams Preferred Properties,Ship Bottom | $674,990 | |
| Listed by Keller Williams Preferred Properties,Ship Bottom | |||
| Oct 16, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ocean Acres
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Listed by: Joy Bearden, Keller Williams Preferred Properties,Ship Bottom
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22504306
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# 22504306
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