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3148 Oceanic Drive
About This Property
The main level welcomes you with hardwood floors and a sun-drenched living room that flows effortlessly into the dining area and kitchen, creating a bright and open feel. Step through the sliding glass doors onto the deck, overlooking the backyard--perfect for morning coffee or summer entertaining. Down the hall, you'll find a full bathroom and two bedrooms, including the primary. The lower level expands your living space with a spacious recreation room, a third bedroom, and an additional full bathroom--ideal for guests or flexible living. This level also offers direct access to the garage for added convenience.
From here, step outside through sliding glass doors to a private patio featuring a hot tub, creating your own backyard retreat.
With its functional layout, inviting spaces, and peaceful water views, this home offers the perfect blend of comfort and lifestyle.
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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 |
|---|---|---|---|
| Jul 10, 2026 | Sold | ||
| Sold | |||
| May 21, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Listed by Real Broker, LLC- Toms River | $535,000 | |
| Listed by Real Broker, LLC- Toms River | |||
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About Toms River
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017