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8 HALF HITCH ROAD
About This Property
The Galen at 8 Half Hitch Road is a stunning, new construction home featuring 2,384 square feet of living space with 4 bedrooms, 2.5 baths and a 2-car garage with an unfinished and insulated basement, located in sought-after Ocean Acres in Barnegat, New Jersey!
The Galen is everything you're looking for, without compromise. Off the foyer is the flex room, use this space as a dining room, a home office or children's play area! The kitchen with a modern island, quartz countertops, white or gray cabinetry, stainless steel appliances and a large single bowl sink, opens up to the dining area and a spacious family room so you will never miss a beat. Upstairs, the four bedrooms provide enough space for everyone, and the second floor laundry room simplifies an everyday chore! LED Lighting adds an energy efficient and modern touch to the home. Need storage? The 2nd floor utility closet, unfinished basement, walk in closets and walk in pantry will do the trick. Our Smart Home Package which includes our Smart Thermostat, Video Doorbell, Front Door Lock, front exterior Smart Switch light switch and more will help keep you connected! Turn-key landscaping completes your new home, with full yard sod and irrigation! This is the new home you have been looking for!
Pricing and incentives may be tied to buyers utilization of the builders preferred lender, see Sales Agent for details.
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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 |
|---|---|---|---|
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Price Increased |
$679,990
↑ $10K
(1.5%) | |
| Price Increased | |||
| Apr 14, 2026 | Listed by D.R. Horton Realty of New Jersey | $669,990 | |
| Listed by D.R. Horton Realty of New Jersey | |||
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About Ocean Acres
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$4,100 /mo
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$3,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017