2 SPRUCE ROAD
About This Property
Welcome to 2 Spruce Rd, a beautifully updated home nestled in the serene Rosewood neighborhood of Burlington Township, NJ. Situated on a spacious corner lot, this property offers exceptional curb appeal, a large private driveway, and a meticulously maintained yard-complete with a backyard patio made for entertaining and a built-in fire pit, perfect for enjoying crisp fall evenings with family and friends.
Step inside to discover a bright and inviting interior featuring three generously sized bedrooms, two full bathrooms, and a convenient half bath. Natural light fills the home, highlighting the luxury vinyl plank flooring that extends throughout the entire home, adding both style and durability.
The updated kitchen boasts stylish finishes, ample cabinetry, and contemporary appliances-ideal for both everyday living and entertaining. The open concept living room includes a built-in office nook, providing a comfortable and functional space for work or study.
The fully finished lower level includes a spacious primary bedroom with a private half bathroom, offering a versatile retreat that can also serve as a guest suite or additional living space.
Move-in ready and located in a quiet community with easy access to major highways, 2 Spruce Rd combines comfort, style, and convenience-just in time to settle in for the fall season.
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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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Listed by Keller Williams Premier | $475,000 | |
| Listed by Keller Williams Premier | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017