$789,000
●
House -
Off Market
351 LIGHTHOUSE DRIVE
MANAHAWKIN, NJ 08050
5 Beds
3 Baths
3,200 Ft²
$4,019
Est. Monthly
8.14%
Cap Rate
About This Property
Are you searching for a home that offers more than just the basics
of new construction? 🏠✨ This stunning property goes beyond,
blending modern design with carefully chosen enhancements to create
a truly move-in-ready space. From its luxury finishes to smart,
functional upgrades, every detail has been thoughtfully considered
to elevate your living experience. 💎🛠️ And what makes it even more
special? This home is perfectly positioned with beautiful golf
course views, providing a peaceful and scenic retreat right in your
backyard. 🌳⛳ The home boasts 3200 square foot of living space, an
unfinished basement serving as your blank canvas for more living
space, 5 large bedrooms, 3 full bathrooms, sprinklers, shed, fenced
in yard, custom closet systems, and more. DO NOT MISS OUT!!
Unit Size
3,200 Ft²
Days on Market
34 days
Land Size
0.22 acres
Price per sqft
$247
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
-
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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: 11 months ago (Bright MLS #NJOC2032220)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Listed by RE/MAX at Barnegat Bay | $789,999 | |
| Listed by RE/MAX at Barnegat Bay | |||
| | |||
|
Are you searching for a home that offers more than just the basics of new construction? 🏠✨ This stunning property goes beyond, blending modern design with carefully chosen enhancements to create a truly move-in-ready space.
From its luxury finishes to smart, functional upgrades, every detail has been thoughtfully considered to elevate your living experience. 💎🛠️ And what makes it even more special? This home is perfectly positioned with beautiful golf course views, providing a peaceful and scenic retreat right in your backyard. 🌳⛳ The home boasts 3200 square foot of living space, an unfinished basement serving as your blank canvas for more living space, 5 large bedrooms, 3 full bathrooms, sprinklers, shed, fenced in yard, custom closet s
| |||
| Feb 5, 2025 | Price Decreased |
$795,000
↓ $4K
(0.5%) | |
| Price Decreased | |||
| Jan 16, 2025 | Relisted | $799,000 | |
| Relisted | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
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: Sandra A Bator
RE/MAX at Barnegat Bay - Toms River
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJOC2032220
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
RE/MAX at Barnegat Bay - Toms River
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJOC2032220
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