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352 Cedar Drive
About This Property
The moment you walk in, vaulted ceilings and gleaming hardwood floors set the tone -- light, open, and coastal. The first floor delivers a flexible layout with a primary bedroom, full bath, and dedicated home office all on the main level, ideal for remote workers or anyone who values single-floor convenience. Three additional bedrooms with clean carpet and a second full bath are upstairs, perfect for family or LBI guests. The partially finished basement is a genuine bonus -- two finished rooms ready for a gym, media room, or playroom, plus a utility room with washer, dryer, and slop sink, and a separate storage room with walk-out Bilko door access.
Outside, a large deck, an oversized 0.34-acre lot, two sheds with electric, and a she-shed with electric and finished flooring give you more outdoor flexibility than anything else in this price range in Manahawkin. The big items are already done -- brand new roof, updated HVAC, and all systems recently serviced.
Located minutes to the Garden State Parkway, shopping, dining, and the bridges to Long Beach Island. Whether you are buying a year-round home or a Shore retreat, 352 Cedar Drive is ready for you.
4 Beds | 2 Baths | Hardwood Floors | Vaulted Ceilings | First-Floor Primary & Office | Finished Basement Rooms | Deck | She-Shed w/ Electric | New Roof | New HVAC | Deer Lake Park | Manahawkin NJ | Minutes to Long Beach Island
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Jun 5, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Listed by Diane Turton, Realtors-Lacey | $539,000 | |
| Listed by Diane Turton, Realtors-Lacey | |||
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | Listed by RE/MAX at Barnegat Bay | $525,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
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Downtown Manahawkin, this cute as a button 4 bed 2 bath 1400 sq ft home is looking for its new owner(s).
Some of the features include a partially finished basement, office, oversized lot, mechanicals a few years old, a bedroom on main floor with 3 additional bedrooms upstairs.
Great location....lake, playgrounds, schools, library and bus stops all within walking distance. Minutes to the beaches of Long Beach Island. Schedule your appt today!
More pictures to follow.
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About Manahawkin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017