Welcome to this beautifully maintained 2-bedroom, 3 full bath home
offering comfort, space, and exceptional lifestyle amenities. This
property features a fully finished basement, perfect for additional
living space, entertaining, or a home office. Enjoy year-round
relaxation in the bright sunroom, or step outside onto the spacious
back deck overlooking a large, private lot-ideal for gatherings or
quiet evenings. Enjoy a vibrant community with exceptional
amenities, including indoor and outdoor pools, tennis courts,
bocce, and a newly updated clubhouse that offers a wide range of
activities and social events. Conveniently located with easy access
to the beach, Atlantic City, and New York City, this home combines
peaceful living with unbeatable accessibility.
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.
HOA/Condo/Coop Amenities: Billiard Room, Exercise Course, Fitness Center, Meeting Room, Shuffleboard Court, Tennis Court(s), Community Center, Fax/Copying, Library, Pool - Indoor, Pool - Outdoor, Recreational Center, Retirement Community
HOA Fee: $240
HOA Fee Frequency: Monthly
Building Info
Overview
General
Year Built:
2002
Effective Year Built:
2002
Bedroom Count:
3
Bathroom Count:
2
Full Bathrooms:
2
Partial Bathrooms:
2
Building Condition:
0
Building Quality:
0
Construction Type:
0
Building Style:
11
Exterior Walls Type:
19
Interior Walls Type:
0
Roof Shape Type:
1
Roof Cover Type:
15
Floor Count:
100
Living Units:
1
Floor Cover:
0
Basement Type:
0
Basement Area:
1,920
Garage Type:
1
Parking Space Count:
0
Patio Type:
0
Porch Type:
0
Pool Type:
0
Dimensions
Lot Size Square Feet:
8,100
Lot Size Depth Feet:
1,350
Lot Size Frontage Feet:
600
Total Building Area:
1,944
Building Area:
1,944
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
0
Heating:
4
Heated Square Feet:
1,944
Heating Fuel Type:
3
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Land Acres:
0000000186
Standard Land Use Code:
1001
County Land Use Code:
2
Neighborhood
School District Name:
Little Egg Harbor Township School District
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