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131 Lighthouse Drive
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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 |
|---|---|---|---|
| May 24, 2026 | Listed by RE/MAX at Barnegat Bay - Toms River | $472,900 | |
| Listed by RE/MAX at Barnegat Bay - Toms River | |||
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Welcome to 131 Lighthouse Drive in Little Egg Harbor, where comfort, space, and updates come together in a quiet neighborhood setting. This 3 bedroom, 2.5 bathroom home offers an inviting layout with modern flooring and an open kitchen designed for both everyday living and easy entertaining. A brand new roof adds peace of mind, while the spacious backyard provides plenty of room to relax, play, or host gatherings. Step outside onto the rear deck, perfect for enjoying your morning coffee or winding down at the end of the day. With its open outdoor space, attractive interior updates, and desirable location, this home is one you will not want to miss.
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| Mar 26, 2026 | Listed by RE/MAX at Barnegat Bay | $479,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 3, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by Keller Williams Atlantic Shore | $425,000 | |
| Listed by Keller Williams Atlantic Shore | |||
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Welcome to this delightful three-bedroom, two-and-a-half-bathroom colonial home nestled in the desirable Drew's Landing section of Little Egg Harbor. Perfectly situated for water enthusiasts that don't want the worry of ''water'', this home is just minutes from local marinas to store your water toys for the summer and a short drive to the beach or the serene Radio Road Bay Beach, where you can take in breathtaking views of the Atlantic City skyline. Inside, you'll find a bright and inviting space with plenty of room for family and guests. All new flooring, stainless appliances and HVAC. The home offers a one-car garage, attic space, and abundant closets, ensuring ample storage for all your needs. The kitchen and laundry appliances are all included, making this home truly move-in ready. Enjoy the large deck and spacious yard for entertaining. Conveniently located close to a variety of amenities, including fantastic restaurants, regional shopping centers, and entertainment, this property combines comfort with an unbeatable lifestyle. Come see this lovely home today and make it your own!
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About Mystic Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017