120 GILBERT ROAD
About This Property
Every aspect of this home has been thoughtfully upgraded, beginning with an all-new state-of-the-art septic system, a new roof with matching gutters and downspouts, and a brand-new shed for added storage. The home's curb appeal is enhanced by new slate and gravel walkways leading to the front entrance and side stairs, as well as a new oversized rear deck that offers tranquil views of the expansive property-ideal for relaxing or entertaining guests. A new electric heat pump HVAC system provides energy-efficient comfort throughout the year, while the freshly painted interior features modern neutral tones, new trim, and luxury vinyl plank flooring across all three levels.
The upper level showcases a fully renovated and expanded kitchen with vaulted ceilings, quartz countertops, stainless steel appliances, recessed lighting, and elevated windows that fill the space with natural light. Sliding doors open directly onto the expansive deck, creating an effortless flow for indoor-outdoor living. The primary suite includes a private, fully renovated bath with a large tiled shower, while two additional spacious bedrooms and a beautifully updated hall bath complete this level. The 3rd bedroom is ideal for a guest room or office.
The main level welcomes you with an inviting new Trex deck and landing that leads into a large living room highlighted by vaulted ceilings, recessed lighting, and a beautiful bay window that floods the space with sunlight. The lower level offers a spacious family or den area featuring a cozy wood-burning fireplace, recessed lighting, and large windows for natural light and fresh air. A generous laundry and utility room provides abundant storage or flexible space for hobbies or a workshop.
This move-in-ready home perfectly combines modern updates, expansive acreage, and versatile potential-a rare find in the Bordentown area. Schedule your private tour today and experience the perfect balance of comfort, style, and opportunity that this exceptional property has to offer.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Jan 31, 2026 | Price Decreased |
$674,900
↓ $25K
(3.6%) | |
| Price Decreased | |||
| Nov 12, 2025 | Listed by Houwzer LLC-Haddonfield | $699,900 | |
| Listed by Houwzer LLC-Haddonfield | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017