$440,000
●
House -
Off Market
3 El Greco Drive
Manchester, NJ 08759
2 Beds
2 Baths
1,611 Ft²
$2,871
Est. Monthly
$290
HOA / Fees
About This Property
Welcome to this bright and well-maintained Argon model located in
the desirable 55+ community of Renaissance at Manchester. This
inviting home offers two bedrooms, two full bathrooms and
convenient one-story living. Hardwood floors flow through the
spacious living and dining rooms, while the kitchen features
recently refinished cabinetry and stainless steel appliances. The
primary bedroom includes a walk-in closet and private en-suite bath
with a whirlpool tub. Additional highlights include a newer HVAC
system, new roof and an attached garage with painted floors and
recently replaced garage doors. Step outside to the Trex deck,
complete with an awning and beautiful landscaping , creating the
perfect setting for morning coffee, outdoor dining or relaxing in
the shade. Renaissance at Manchester offers an active and engaging
lifestyle with a clubhouse, indoor and outdoor pools, fitness
center, 18-hole executive golf course, tennis, pickleball, bocce
and a variety of clubs and social activities. Enjoy resort-style
living while remaining conveniently close to shopping, dining and
the beautiful Jersey Shore.
Unit Size
1,611 Ft²
Days on Market
49 days
Land Size
0.12 acres
Price per sqft
$267
Property Type
House
Property Taxes
$470
HOA Dues
$290
Year Built
2000
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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: 21 days ago (MOMLS #22622958)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Jul 27, 2026 | Listed by RE/MAX Revolution | $429,900 | |
| Listed by RE/MAX Revolution | |||
| Aug 30, 2017 | Sold | ||
| Sold | |||
| Mar 14, 2017 | Listed by Crossroads Realty Manchester | $229,000 | |
| Listed by Crossroads Realty Manchester | |||
| | |||
|
This is a very nice 2 bedroom 2 bath extended Aragon Model. Rich hardwood floors in the entrance, living/dining rooms and hallway. Gas fireplace with custom cabinetry in the den. Custom window treatments, and crown molding. The kitchen has 42'' cabinets. Large master bedroom and bath. The hall bath is equipped with a walk in tub. The Aragon has a full sized laundry room leading directly to the 1 car garage.
You'll enjoy the full sized deck for outdoor barbecuing.
Renaissance is an active 55+ community with an award winning clubhouse, a fully equipped gym,indoor and outdoor pools, tennis, bocce, and a popular Deli. Come and enjoy the lifestyle!
| |||
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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Listed by: Gina Scodella, RE/MAX Revolution
Last Updated: 21 days ago
Data Source: MOMMLS, MLS# 22622958
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: 21 days ago
Data Source: MOMMLS, MLS# 22622958
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