24
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16 MANTUA ROAD
About This Property
Step outside onto the rear deck overlooking the enormous backyard. Whether you're relaxing with your favorite beverage, entertaining guests, or planning future improvements, this outdoor space offers endless possibilities. The first floor also includes a spacious primary bedroom and a convenient full bathroom, making one-floor living an option. Upstairs, a generous 9' x 8' landing provides the perfect space for a home office, reading nook, or computer area. Brand-new carpeting extends throughout the landing and both second-floor bedrooms. Each bedroom features its own walk-in closet, and the beautifully renovated ceramic tile bathroom completes the upper level. Additional eave storage provides even more room for your belongings. The full basement houses the brand-new two-zone gas hot water heating system, newer tankless gas hot water heater, 150-amp electrical service with mostly updated wiring, sump pump, and laundry area complete with a brand-new washer and existing gas dryer. The basement also provides abundant storage space. Conveniently located within one block of the Pantry 1 Food Market, Penn Pizza, the Mount Royal Post Office, and just minutes from East Greenwich Township's highly regarded schools, shopping centers, home improvement stores, restaurants, and everyday conveniences. Commuters will appreciate the easy access to Routes 45, 55, the New Jersey Turnpike, and I-295, placing Philadelphia within approximately 15 minutes, Delaware within 20 minutes, and the Jersey Shore within an hour.
Whether you're looking for a move-in-ready home with room to grow or a property with exciting future possibilities, this rare double-lot opportunity is one you won't want to miss. Schedule your private showing today before it's gone!
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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 |
|---|---|---|---|
| Aug 14, 2026 | Price Decreased |
$300,000
↓ $25K
(7.7%) | |
| Price Decreased | |||
| Jul 17, 2026 | Listed by BHHS Fox & Roach-Mullica Hill South | $325,000 | |
| Listed by BHHS Fox & Roach-Mullica Hill South | |||
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About Gloucester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017