$383,000
●
House -
Off Market
9 Cardinal Place
Barnegat, NJ 08005
2 Beds
2 Baths
1,554 Ft²
$2,528
Est. Monthly
$150
HOA / Fees
4.88%
Cap Rate
About This Property
Welcome to HERITAGE BAY at BARNEGAT an intimate 55+ community.
This lovely home has had some MAJOR UPDATES including a
BEAUTIFUL KITCHEN with CENTER ISLAND, GRANITE COUNTER TOPS & NEW
FLOORING. Sliding doors open from the kitchen into a
wonderful 3 SEASON PORCH which takes you out to a LOVELY PAVER
PATIO. This home features a combination LIVING/DINING room
AND a PRIVATE OFFICE/DEN. The ROOF is just under 3 YEARS OLD,
the FURNACE is 1 YEAR OLD & the HOT WATER HEATER was replaced
7/2021. There are also UPDATED BATHROOM VANITIES & FLOORING.
The COMMUNITY has a 2000 sq ft CLUBHOUSE complete with a
LIBRARY, EXERCISE ROOM, OUTDOOR POOL and BOCCE COURTS.
Located Close to the Garden State Pkwy, Long Beach Island and
Atlantic City. DON'T MISS OUT, come and see this LOVELY HOME
today!!
Unit Size
1,554 Ft²
Days on Market
54 days
Land Size
0.11 acres
Price per sqft
$249
Property Type
House
Property Taxes
$477
HOA Dues
$150
Year Built
1996
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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: 2 years ago (MOMLS #22512470)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by Weichert Realtors-Forked River | $387,000 | |
| Listed by Weichert Realtors-Forked River | |||
| Feb 17, 2017 | Sold | ||
| Sold | |||
| Jun 10, 2016 | Listed by The Van Dyk Group - Barnegat | $195,000 | |
| Listed by The Van Dyk Group - Barnegat | |||
| | |||
|
Barnegat Model with one car garage and a den/office, all freshly painted and new flooring throughout.. The AC condenser was replaced 2 years ago. This home features a 3 season room off the family room and then a paver patio in the rear. You enter the home to a hardwood floor foyer and proceed to the shared living and dining room. The eat-in kitchen extends into the family room, but the present owner used the family room as an additional eating area of the kitchen. The owners extended the counter on the family room side. The master bedroom has a walk in closet and a full master bath with a walk in shower. The second bedroom is near the 2nd bathroom with a tub/shower combination. The hallway in the bedroom area has hardwood floors. The garage features pull down attic stairs.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Ocean
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Listed by: Toni A Gleason, Weichert Realtors-Forked River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22512470
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22512470
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