17 Long John Silver Way
About This Property
This beautifully updated 3-bedroom, 2-bath ranch sits on a deep water lagoon with direct boat access-just minutes to Barnegat Bay. Enjoy a peaceful waterfront lifestyle with a new 65' vinyl bulkhead, boat lift, fish cleaning station, and shed. Inside, you'll find vaulted ceilings, a cozy wood-burning fireplace, tile and laminate flooring, and an upgraded kitchen with new cabinets and appliances (2024). Additional updates include new central air (2023), tankless water heater (2022), newer windows, siding (2020), and refreshed bathrooms. Relax on the shaded deck or explore the Skippers Cove beach and clubhouse, all for just $280/year HOA. Ideal for year-round or seasonal living, with quick access to Route 9, GSP, local shopping, fishing, and more.
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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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 6, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Relisted | $649,000 | |
| Relisted | |||
| Jul 13, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by EXIT Realty East Coast Shirvanian | $649,000 | |
| Listed by EXIT Realty East Coast Shirvanian | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017