1983 Breakers Drive
About This Property
The master suite is a true retreat, complete with a walk-in closet and an en-suite bathroom. There is a basement awaiting your personal touch, featuring 8-foot high ceilings that offer endless possibilities for customization.
Location is everything, and this property does not disappoint. Situated in Barnegat, you'll enjoy easy access to nearby beaches, allowing you to soak up the sun and enjoy the coastal lifestyle. In addition, you'll find restaurants, entertainment options, and major highways just moments away.
Don't miss out on the chance to make this house your home.
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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 19, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2023 | Listed by Keller Williams Shore Properties | $535,000 | |
| Listed by Keller Williams Shore Properties | |||
| Aug 7, 2023 | No longer available | - | |
| No longer available | |||
| Jul 22, 2023 | Price Decreased |
$565,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
| Jul 10, 2023 | Listed by Daunno Realty Services | $585,000 | |
| Listed by Daunno Realty Services | |||
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This highly sought after Galen model, sits on an oversized corner lot in the picturesque Ocean Acres section of Barnegat. With a beautiful covered front porch and stacked stone facade this home screams ''wow'' the second you pull up. The first floor offers upgraded, easy to maintain floors throughout. The large great room off the sun drenched kitchen is perfect for entertaining, while the front flex space is perfect for a separate formal living space, office area, sitting room, or playroom. The kitchen offers an abundance of storage space with gorgeous white cabinets, a large center island, and even a separate walk-in pantry. Upstairs you will find more upgraded flooring in all 4 of the spacious bedrooms, including the master suite complete with walk-in closet and en-suite bathroom. If this weren't enough, there is also a basement just waiting to be finished off, with 8 foot high ceilings, poured concrete walls, and is already studded out ready to go! Other upgraded features include an alarm system, venetian blinds, garage door openers, and an underground sprinkler system and stainless steel appliances. With easy access to beaches, entertainment, and major highways, come find out why Barnegat is the perfect spot for you! The manager has listed the unit size as 2340 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017