$570,000
●
House -
Off Market
307 Lighthouse Drive
Manahawkin, NJ 08050
4 Beds
3 Baths,
1
Half Bath
2,083 Ft²
$3,425
Est. Monthly
6.05%
Cap Rate
About This Property
Welcome to this charming 4-bedroom colonial nestled on Tee 6 of a
picturesque golf course. Boasting timeless elegance, this home
features a unique layout with the primary bedroom conveniently
located on the first floor for ultimate comfort and convenience.
The residence includes a full basement with classic bilco doors,
offering ample storage and potential for various uses. An external
generator is installed for the rare time the electricity goes out
during a storm. A delightful addition at the rear of the house
provides a spacious and inviting room, perfect for relaxation or
entertaining guests. Step outside into the backyard oasis, where an
above-ground pool awaits, providing a refreshing escape during warm
summer days.
With its combination of classic colonial design, modern amenities, and a prime location on the golf course, this home offers a harmonious blend of style and leisure.
With its combination of classic colonial design, modern amenities, and a prime location on the golf course, this home offers a harmonious blend of style and leisure.
Unit Size
2,083 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$271
Property Type
House
Property Taxes
$650
HOA Dues
-
Year Built
2001
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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 #22418435)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jun 29, 2024 | Listed by United Real Estate Associates | $565,000 | |
| Listed by United Real Estate Associates | |||
| May 15, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | Listed by RE/MAX at Barnegat Bay | $549,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
| | |||
|
Welcome to this charming 4-bedroom colonial nestled on Tee 6 of a picturesque golf course. Boasting timeless elegance, this home features a unique layout with the primary bedroom conveniently located on the first floor for ultimate comfort and convenience.
The residence includes a full basement with classic bilco doors, offering ample storage and potential for various uses. An external generator is installed for the rare time the electricity goes out during a storm. A delightful addition at the rear of the house provides a spacious and inviting room, perfect for relaxation or entertaining guests.
Step outside into the backyard oasis, where an above-ground pool awaits, providing a refreshing escape during warm summer days. With its combination of classic colonial design, modern amenities, and a prime location on the golf course, this home offers a harmonious blend of style and leisure.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
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: Christopher Freel, United Real Estate Associates
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22418435
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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# 22418435
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