311 Station Drive
About This Property
Welcome to this move-in ready 3 bedroom, 1.5 bath Colonial nestled in the sought-after Barnegat Pines section of Forked River. Just one block from the scenic shores of Lake Barnegat, this home offers the perfect blend of tranquility and convenience.
Inside, you'll find a spacious living room ideal for entertaining, along with generously sized bedrooms that provide comfort for the whole family. The home also features a convenient attached garage and a fully fenced backyard - perfect for pets, play, or weekend barbecues.
Enjoy close proximity to the lake, neighborhood park, bike path, local shopping, and the Garden State Parkway for an easy commute. Whether you're looking to settle in or invest in a vacation getaway, this home offers it all.
Don't miss your chance to own a slice of the Pines!
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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 |
|---|---|---|---|
| Aug 14, 2025 | Sold | ||
| Sold | |||
| May 25, 2025 | In contract | - | |
| In contract | |||
| May 6, 2025 | Listed by Weichert Realtors-Ship Bottom | $425,000 | |
| Listed by Weichert Realtors-Ship Bottom | |||
| Apr 30, 2018 | Sold | ||
| Sold | |||
| Jan 13, 2018 | Listed by Coldwell Banker Riviera Realty | $249,900 | |
| Listed by Coldwell Banker Riviera Realty | |||
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Lovely colonial offers large living room, dining room and three spacious bedrooms. Kitchen with stainless appliances and pantry. Features include, second story laundry room, central air, gas heat, and attached garage with extra parking. Fenced in yard with newer shed. Lake beach, park, and bike riding path within close proximity. Easy commute to garden state parkway and shopping centers. Move in condition.
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Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22513145
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017