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20 SPRING STREET
About This Property
The updated kitchen is both stylish and functional, featuring granite countertops, stainless steel appliances, crisp cabinetry and plenty of workspace for everyday cooking and entertaining. Just beyond the kitchen, the formal dining room provides the perfect setting for hosting holiday dinners and gathering with family and friends. A classic brick fireplace adds warmth and ambiance to the living space and creates an especially cozy feel as the seasons change. There is a main floor Office/Den for those working from home.
Both full bathrooms have been completely refreshed, offering a clean, updated feel while complementing the character of the home. The main floor full bath offers a step-in shower for ease and the upstairs full bath features a tub/shower combination. Outside, enjoy a nice, fenced yard with room to relax, play or entertain, while the large, detached garage provides exceptional space for parking, storage, hobbies or a workshop.
The full unfinished basement offers even more storage and flexibility, with plenty of potential for future use. Conveniently located near the Delaware Memorial Bridge, Route 295 and the NJ Turnpike, this home offers an easy commute while maintaining the charm of an established neighborhood.
A wonderful opportunity to enjoy classic Cape Cod character, beautiful original details and the updates today's buyers are looking for - all in a convenient Carneys Point location!
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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 |
|---|---|---|---|
| Sep 25, 2026 | Listed by Real Broker, LLC | $310,000 | |
| Listed by Real Broker, LLC | |||
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Listed by Vanguard Realty Group Inc | $159,000 | |
| Listed by Vanguard Realty Group Inc | |||
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"""""""". Multiple offers have been received, submit the highest and Best by 2:00 pm 4/20/26"""""""""
Welcome to this charming Cap Vod home nestled on a desirable corner lot in Penns Grove.
Built in 1920, this beautiful residence offers 1,620 sq.ft of living area with 3 good-sized bedrooms and 1.5 bathrooms. The property has a nice, large living room, dining room, and an additional room that can be used
as a den, office, etc.. This is an REO property, needs some TLC, and is sold as-is, where is contions. All information provided has been obtained from sources deemed reliable but not guaranteed. buyer/s to verify independently. This property may qualify for seller financing ( vendee ). Buyer is responsible for all city and county certs, including but not limited to CO... Schedule your private tour today
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| Jun 30, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017