Burlington
252 SPOUT SPRING AVENUE
1
Map
$375,000
●
House -
Off Market
252 SPOUT SPRING AVENUE
LUMBERTON, NJ 08048
3 Beds
1 Bath
1,304 Ft²
$2,159
Est. Monthly
About This Property
The OPEN HOUSE Has been cancelled. HIGHEST AND BEST DUE
MONDAY, MAY 25TH AT NOON. Charming and beautifully updated
3-bedroom, 1-bath Cape Cod located in desirable Lumberton Township!
This move-in ready home features hardwood flooring in the living
and dining rooms, all new trim work throughout, and fresh paint in
the kitchen, bathroom, and upstairs living areas. The updated
bathroom includes a brand new tub and vanity. The entire
upstairs offers brand new LVT flooring for a modern touch. Major
improvements include HVAC (7 years old), roof (12 years old), brand
new basement windows, and a hot water heater that will be replaced
prior to settlement for the next owner's peace of mind. The full
basement offers endless potential and serves as a blank canvas for
future finished living space, home gym, or recreation area.
Outside, enjoy a large fully fenced backyard and a one-car detached
garage. A perfect blend of charm, updates, and future potential!
Unit Size
1,304 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$268
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1953
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (Bright MLS #NJBL2112232)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| May 19, 2026 | Listed by Keller Williams Realty - Medford | $349,000 | |
| Listed by Keller Williams Realty - Medford | |||
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Burlington
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Listed by: Kathryn B Horch
Keller Williams Realty - Medford
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJBL2112232
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Keller Williams Realty - Medford
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJBL2112232
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