$350,999
●
House -
Off Market
1196 COURSES LANDING RD
PENNS GROVE, NJ 08098
3 Beds
2 Baths
1,971 Ft²
$1,709
Est. Monthly
About This Property
Back to the market!!! buyer financing fell through!
Discover your Cape Cod dream on this charming property that was built in 1990. The house offers open-concept living and dining area, spacious bedrooms, updated bathrooms and newer windows. The huge 42' x 26' unfinished basement offers endless possibilities for extra living space. This corner property includes an additional 1-acre lot (Lot 268/7.02 not buildable) in front of the house, ensuring you have all the space you need for your outdoor activities, gardening, or simply enjoying the great outdoors. Property is being sold "as is". Don't miss this Cape Cod gem - schedule a private tour today!
Discover your Cape Cod dream on this charming property that was built in 1990. The house offers open-concept living and dining area, spacious bedrooms, updated bathrooms and newer windows. The huge 42' x 26' unfinished basement offers endless possibilities for extra living space. This corner property includes an additional 1-acre lot (Lot 268/7.02 not buildable) in front of the house, ensuring you have all the space you need for your outdoor activities, gardening, or simply enjoying the great outdoors. Property is being sold "as is". Don't miss this Cape Cod gem - schedule a private tour today!
Unit Size
1,971 Ft²
Days on Market
-
Land Size
1.19 acres
Price per sqft
$177
Property Type
House
Property Taxes
$600
HOA Dues
-
Year Built
1990
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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 (Bright MLS #NJSA2008556)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2024 | No longer available | - | |
| No longer available | |||
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Listed by Berkshire Hathaway HomeServices Fox & Roach, Realtors | $347,999 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach, Realtors | |||
| | |||
|
Back to the market!!! buyer financing fell through!Discover your Cape Cod dream on this charming property that was built in 1990. The house offers open-concept living and dining area, spacious bedrooms, updated bathrooms and newer windows. The huge 42' x 26' unfinished basement offers endless possibilities for extra living space. This corner property includes an additional 1-acre lot (Lot 268/7.02 not buildable) in front of the house, ensuring you have all the space you need for your outdoor activities, gardening, or simply enjoying the great outdoors. Property is being sold as is. Don't miss this Cape Cod gem - schedule a private tour today! The manager has listed the unit size as 1971 square feet.
| |||
| Dec 10, 2023 | Relisted | $347,999 | |
| Relisted | |||
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ft²
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HOA + Taxes
About Salem
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Listed by: Sidney Benstead
BHHS Fox & Roach-Marlton
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJSA2008556
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.
BHHS Fox & Roach-Marlton
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJSA2008556
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