$505,000
●
House -
Off Market
180 COMPASS ROAD
MANAHAWKIN, NJ 08050
3 Beds
2 Baths
1,947 Ft²
$3,008
Est. Monthly
5.87%
Cap Rate
About This Property
Located in the sought after Ocean Acres neighborhood sits this
impressive 3 bedroom, 2 full bath spacious ranch with a TWO CAR
GARAGE. The adorable rocking chair front porch welcomes you into a
home with amazing living spaces. You will not find a ranch with a
great room and eat-in kitchen as large as this!! Beautiful white
cabinetry with granite countertops and plenty of workspace offered
in this kitchen. Entertaining made easy with the open flow through
to the fenced back yard. Vaulted ceilings give a grand feel to a
primary suite that offers a spacious 5pc bath and walk in closet.
Two remaining bedrooms w/ large closets that also exceed the
standard size making this floorplan the ideal setup. Amazing attic
space offers the possibility for future expansion! HOME WARRANTY
INCLUDED
Unit Size
1,947 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$259
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
1997
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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 (Bright MLS #NJOC2030934)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2025 | Sold | ||
| Sold | |||
| Feb 13, 2025 | In contract | - | |
| In contract | |||
| Jan 7, 2025 | Listed | $505,000 | |
| Listed | |||
| | |||
|
Located in the sought after Ocean Acres neighborhood sits this impressive 3 bedroom, 2 full bath spacious ranch with a TWO CAR GARAGE. The adorable rocking chair front porch welcomes you into a home with amazing living spaces. You will not find a ranch with a great room and eat-in kitchen as large as this!! Beautiful white cabinetry with granite countertops and plenty of workspace offered in this kitchen. Entertaining made easy with the open flow through to the fenced back yard. Vaulted ceilings give a grand feel to a primary suite that offers a spacious 5pc bath and walk in closet. Two remaining bedrooms w/ large closets that also exceed the standard size making this floorplan the ideal setup. Amazing attic space offers the possibility for future expansion! HOME WARRANTY INCLUDED
| |||
| Nov 14, 2024 | Price Decreased |
$533,333
↓ $17K
(3%) | |
| Price Decreased | |||
| Nov 7, 2024 | Price Decreased |
$550,000
↓ $13K
(2.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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: Camille A Simms
RE/MAX at Barnegat Bay - Toms River
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# NJOC2030934
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RE/MAX at Barnegat Bay - Toms River
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# NJOC2030934
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