$120,000
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Land -
Off Market
841 Buccaneer Lane
Manahawkin, NJ 08050
Studio
0 Bath
$164,231
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
In desirable Ocean Acres, this beautiful lot has views of Holiday
Lake and is within walking distance of Ocean Acres Lake Park.
Seller already has a set of plans by architect Craig W.
Brearley which will be available to buyer upon purchase. Lot
has zoning approval so bring your ideas and build your dream home.
With nearby access to the GSP, this wonderful neighborhood is
close to schools, shopping, medical facilities, restaurants and the
beautiful white sand beaches of Long Beach Island. It's the
perfect location for beach, boat and nature lovers!
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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: 3 years ago (MOMLS #22014934)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2020 | Sold | ||
| Sold | |||
| May 11, 2020 | Listed by C21/ Action Plus Realty | $119,900 | |
| Listed by C21/ Action Plus Realty | |||
| Nov 5, 2019 | Listed by Century 21 Action Plus Realty | $119,900 | |
| Listed by Century 21 Action Plus Realty | |||
| | |||
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In desirable Ocean Acres, this beautiful lot has views of Holiday Lake and is within walking distance of Ocean Acres Lake Park! Seller already has a set of plans by architect Craig W. Brearley which will be available to buyer upon purchase. Lot has zoning and Pinelands approval so bring your ideas and build your dream home. With nearby access to the GSP, this wonderful neighborhood is close to schools, shopping, medical facilities, restaurants and the beautiful white sand beaches of Long Beach Island. It's the perfect location for beach, boat and nature lovers!
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| May 21, 2015 | Sold | ||
| Sold | |||
| Jul 29, 2014 | Listed by Beach House Realty, LLC | $150,000 | |
| Listed by Beach House Realty, LLC | |||
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Beautiful wooded lakefront lot on Holiday Lake close to Ocean Acres Country Club. Lot has clear view of lake and has grass lawn down to lake. Zoning permit has been obtained. Get your building permit and build IMMEDIATELY! Lot has sewer and water. Architectural plans by Craig Brearley available. Survey attached to paperclip. See Virtual Tour for aerial VIDEO!
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ocean Acres
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Listed by: Jackson A Downey, C21/ Action Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22014934
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22014934
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