164 CHESTNUT
About This Property
2 bed 1 bath mobile home locates, close to the beaches of LBI, your perfect getaway or year round home. Step inside to discover a bright freshly painted interior featuring new windows, new water heater, newer heat. Bonus room with potential, can be used as an extra living area, bedroom, guest room. Comfortable central a/c, new oil heat and above ground tank. Plenty of storage space in the outdoor shed.
Large lot and ample parking, backs to Pinelands Preserve. Relax on the updated covered front porch, enjoy the sights and sounds of nature. With deer and turkeys as your visitors.
Outside has also been painted with new shutters, this home is sold fully furnished, including kitchen essentials. Turn key, just pack your bags. Affordable, 55+ low maintenance living in a location that puts you close to everything you love at the Jersey Shore.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Aug 4, 2025 | Listed by Keller Williams Realty - Atlantic Shore | $83,900 | |
| Listed by Keller Williams Realty - Atlantic Shore | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017