$115,000
●
House -
Off Market
320 FLOODGATE RD
GIBBSTOWN, NJ 08085
2 Beds
1 Bath
1,205 Ft²
$135,054
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Check out this secluded 2 Bed 1 Bath in Greenwich Township. Postal
code is Swedesboro. If you're looking for a home that's close to it
all, yet far away at the same time... this is perfect for you. This
property is located very close to a creek. Large 11x22 Bedroom on
the First Floor features His and Her 5x6 Walk-In Closets. Walking
distance to Riverfront Park and beautiful sights of the Delaware
River. This property has a New Roof put on in 2018, Stone Veneer
and Painted Siding in 2018. New Gravel Driveway installed in 2018,
Vinyl Replacement Windows, Septic installed in 2018, and a New
Water Treatment System installed in 2017. Property is heated using
an Oil fueled Boiler. Living Room Hardwired for surround sound. The
sale of this property includes an additional lot that has a house
on it, 322 Floodgate Rd. The home is a 1 Bed 1 Bath. It will be
conveyed for $1.00. Buyers should know that utilities will be
needed for the secondary house before renting it out as directed by
municipal regulations. The house needs work but can easily be
repaired, and rented out. This home is located in an AE Flood Zone.
This sale is AS-IS with Buyer to Obtain CO. for
Property includes a ONE YEAR HOME WARRANTY.
Unit Size
1,205 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$100
Property Type
House
Property Taxes
$175
HOA Dues
-
Year Built
1930
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Cap Rate
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 years ago (Bright MLS #NJGL276010)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by EXP Realty, LLC | $120,000 | |
| Listed by EXP Realty, LLC | |||
| Jan 3, 2021 | No longer available | - | |
| No longer available | |||
| Oct 14, 2020 | Listed | $135,000 | |
| Listed | |||
| | |||
|
Check out this secluded 3 Bed 1 Bath Colonial in Greenwich Township. Postal code is Swedesboro. If you're looking for a home that's close to it all, yet far away at the same time... this is perfect for you. This property is located very close to a creek. Large 11x22 Bedroom on the First Floor features His and Her 5x6 Walk-In Closets. Walking distance to Riverfront Park and beautiful sights of the Delaware River. The seller is offering a $2,500 dollar Carpet and Paint credit. This property has a New Roof put on in 2018, Stone Veneer and Painted Siding in 2018. New Gravel Driveway installed in 2018, Vinyl Replacement Windows, Septic installed in 2018, and a New Water Treatment System installed in 2017. Property is heated using an Oil fueled Boiler. Living Room Hardwired for surround sound. The sale of this property includes an additional lot that has a house on it, 322 Floodgate Rd. The home is a 1 Bed 1 Bath. It will be conveyed for $1.00. Buyers should know that utilities will be needed for the secondary house before renting it out as directed by municipal regulations. The house needs work but can easily be repaired, and rented out. This home is located in an AE Flood Zone. This sale is AS-IS. Seller will obtain C.O. Property includes a ONE YEAR HOME WARRANTY. The manager has listed the unit size as 1205 square feet.
| |||
| Jun 30, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Gloucester
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Listed by: Matthew McComb
EXP Realty, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJGL276010
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.
EXP Realty, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJGL276010
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017