$207,000
●
House -
Off Market
192 Torpedo Road
Manahawkin, NJ 08050
3 Beds
3 Baths
1,688 Ft²
$348,282
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model
About This Property
Reduced!! Updated one-floor living in this spacious ranch home in
Ocean Acres! 3 bedrooms, 3 bathrooms with a large family room and
freestanding gas fireplace! Open floor plan in the kitchen,
dining room & living room with Stainless Steel Appliances + good
counter space. Hardwood floor in main living area, newer tile in
full laundry room. Newer vanity & tile flooring in main bath.
Entertain in the backyard with the in-ground pool (has a new
pool motor/filter & is now open!). Built-in grill, two sheds &
fully fenced-in. Close to LBI beaches, shops & more!
THIS IS A SHORT SALE and may take longer to close (bank
directed asking price).
Unit Size
1,688 Ft²
Days on Market
-
Land Size
-
Price per sqft
$123
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1996
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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: 3 years ago (MOMLS #21603426)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2020 | Sold | ||
| Sold | |||
| Nov 29, 2019 | Listed by Coldwell Banker Riviera Realty, Inc. | $269,000 | |
| Listed by Coldwell Banker Riviera Realty, Inc. | |||
| | |||
|
Spacious ranch with open floor plan, featuring almost 1700 square feet and 3 full bath. A large family room with separate entrance and full bath could easily be set up as an inlaw or mother daughter suite. There is an updated kitchen with under counter stools for extra seating along with a dining area. New stainless steel appliances including stove, dishwasher, refrigerator and sink. A comfy living room with new ceiling fan and 3 bedrooms down the hall the master suite having a full bath. Newly installed solar panels will bring you savings, brand new timberline roof, new AC condenser, even a new pool cover on your in ground pool for summer fun enclosed with a fence.
| |||
| Dec 16, 2016 | Sold | ||
| Sold | |||
| Jan 30, 2016 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $207,005 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
| | |||
|
Reduced! Updated one-floor living in this spacious ranch home in Ocean Acres! 3 bedrooms, 3 bathrooms with a large family room and freestanding gas fireplace! Open floor plan in the kitchen, dining room & living room with Stainless Steel Appliances + good counter space. Hardwood floor in main living area, newer tile in full laundry room. Newer vanity & tile flooring in main bath. Entertain in the backyard with the in-ground pool is now open! (has a new pool motor/filter). Built-in grill, two sheds & fully fenced-in. Close to LBI beaches, shops & more! THIS IS A SHORT SALE (bank directed price).
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
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: Patricia A Guerra, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21603426
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: 3 years ago
Data Source: MOMMLS, MLS# 21603426
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