12 SPRING MILL DRIVE
About This Property
Natural light fills the foyer, living, and dining rooms. The heart of the home is the open-concept kitchen, equipped with quartz countertops, stainless steel appliances, and a large pantry. The kitchen seamlessly connects to the family room, where you can relax by the gas fireplace. A convenient half bath is also located on the main floor.
Upstairs, the primary suite is a true retreat with vaulted ceilings, a walk-in closet, and an en suite bath with a soaking tub. Three more bedrooms and a full bath complete the upper level. The partially finished basement provides flexible space for a home gym or playroom. Outside, the private backyard oasis features a concrete patio and an in-ground pool, ideal for summer fun. And the two car garage is massive for parking and/or storage. This home truly blends comfort, style, and convenience.
Washington Twp is a coveted area with a great school district and tons to do from restaurants to shopping and everything in between. Easy commute distance to get to major cities or the jersey shore. Do not delay! Schedule your private tour today!
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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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Listed by Ovation Realty LLC | $529,000 | |
| Listed by Ovation Realty LLC | |||
Property Highlights
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About Gloucester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017