$490,000
●
House -
Off Market
194 Lighthouse Drive
Manahawkin, NJ 08050
4 Beds
3 Baths,
1
Half Bath
1,985 Ft²
$3,010
Est. Monthly
7.49%
Cap Rate
About This Property
Welcome to your perfect Jersey Shore home! This gorgeous beauty
features 4 large bedrooms and 2 full bathrooms with a conveniently
placed powder room on the first level! This home has been put to
date in the most immaculate way possible with a new HVAC system,
new roof, updated siding, new garage doors, and a full upgrade of
interiors. Walk into an elegant foyer with a high ceiling boasting
space above all! This home comes with a large living room in the
front with an open concept layout featuring a 6-8-person dining
room. A renovated kitchen sits at the heart of this home
overlooking a large entertainment room with easy backyard access
through your sliding doors and tons of natural light. The garage in
this home is perfect, featuring more than enough space for all
storage! Upstairs, we find 2 full bathrooms and 4 large bedrooms
including a primary suite with a walk-in closet! You cannot miss
the opportunity to live seconds away from the entertainment of
Manahawkin and the Barnegat area while minutes from the shore. This
home sits a minute away from the Garden State Parkway and is ready
to be yours!
Unit Size
1,985 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$262
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1995
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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 #22403461)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | Listed by Real Broker, LLC | $519,900 | |
| Listed by Real Broker, LLC | |||
| Sep 22, 2022 | Sold | ||
| Sold | |||
| Jul 10, 2022 | Listed by RE/MAX New Beginnings Realty-Toms River | $455,000 | |
| Listed by RE/MAX New Beginnings Realty-Toms River | |||
| | |||
|
Coastal Living awaits so do not miss your opportunity to own this 4-bedroom 2.5 bath colonial home just 10 minutes to LBI and in the center of all the shopping and eateries you could ask for. Do not let this one pass you buy as it will not last long... The summer is going quick, so too will this opportunity, so hurry because this might be your last chance to own such a large home at the Jersey shore for such an affordable price.
| |||
| Sep 15, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Ocean Acres
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Listed by: Robert E Axelson, Real Broker, LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22403461
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# 22403461
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017