$515,000
●
House -
Off Market
216 Wave Road
Manahawkin, NJ 08050
4 Beds
3 Baths
2,331 Ft²
$496,205
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
This Ocean Acres home will WOW you! Spacious and bright family room
features a wood burning fireplace, vaulted ceilings and lots of
windows overlooking the fabulous backyard. The dining room also has
a fireplace and is perfect for large family dinners. The kitchen
includes double ovens, granite countertops with a breakfast bar and
a custom tile backsplash. There are three bedrooms on the main
level, one of which is the master suite with full bath. The ground
level features a guest suite with separate entrance and includes a
living room, bedroom and full bath - perfect for guests or extended
family. The backyard oasis includes a deck, an in ground
fiberglass pool, a greenhouse, storage shed and play area with
swing set. There's even a separate workshop perfect for a handyman
or a crafter!
Unit Size
2,331 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$214
Property Type
House
Property Taxes
$596
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: 3 years ago (MOMLS #22316928)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2023 | Sold | ||
| Sold | |||
| Jun 21, 2023 | Listed by Real Broker, LLC | $499,000 | |
| Listed by Real Broker, LLC | |||
| Jul 15, 2020 | Sold | ||
| Sold | |||
| Feb 11, 2020 | Listed by RE/MAX New Beginnings Realty-Toms River | $384,900 | |
| Listed by RE/MAX New Beginnings Realty-Toms River | |||
| | |||
|
CUSTOM HOME-MOTHER/DAUGHTER. This is not your cookie cutter home! Imagine walking into your new home and having nothing to do but enjoy all the amenities & space it has to offer. Plenty of room for everyone, including a first floor ''in-law suite'' with separate entrance. Featuring a living rm, bedrm & full bath. Perfect for parents, adult children or guests-private, yet just downstairs. On the main level-a spacious dining rm w/W/B fireplace, updated EIK w/dble ovens & a fabulous great rm with a 2nd W/B fireplace! Upper level-2 more bedrms, full bath & master suite. Office, workshop & garage complete the interior. Outside will WOW you! Fiberglass pool, huge Euro style brick barbeque, potting shed, 3 lg garden beds, play area, deck & patio. You will never want to leave-this home has it all!
| |||
| Oct 25, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ocean Acres
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Listed by: Lisa Walsh, Real Broker, LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22316928
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# 22316928
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