$187,500
●
House -
Off Market
37 NORCROSS RD
GIBBSBORO, NJ 08026
3 Beds
2 Baths
1,547 Ft²
$1,000
Est. Monthly
About This Property
Welcome to this recently renovated property. this is a great
opportunity to move into this beautiful house. Some of the special
features include 3 bedrooms, and 2 full baths including a master
bathroom, the master suite is large with a walk-in closet, and
Kichen is the white shaker dream with quartz counters. Large living
and dining area with an extra large lot to enjoy. This is an REO
property Sold in as-is-where-is condition.
Buyer is responsible for all city and county certifications including but not limited to CO.. The property was built before 1978 and lead-based paint potentially exists. All information provided is obtained from sources that are deemed reliable but NOT guaranteed, buyer/s to verify independently!!! The seller and the agent do not know for certain why there's water in the crawl space, we believe that it happens only when it rains, also some parts of the floor are uneven and there is dampness in the crawl space buyer/s to verify independently.
This property may qualify for seller financing ( Vendee ).
Buyer is responsible for all city and county certifications including but not limited to CO.. The property was built before 1978 and lead-based paint potentially exists. All information provided is obtained from sources that are deemed reliable but NOT guaranteed, buyer/s to verify independently!!! The seller and the agent do not know for certain why there's water in the crawl space, we believe that it happens only when it rains, also some parts of the floor are uneven and there is dampness in the crawl space buyer/s to verify independently.
This property may qualify for seller financing ( Vendee ).
Unit Size
1,547 Ft²
Days on Market
2 days
Land Size
0.50 acres
Price per sqft
$132
Property Type
House
Property Taxes
$564
HOA Dues
-
Year Built
1947
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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: 3 years ago (Bright MLS #NJCD2061792)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
| Oct 1, 2024 | Relisted | $203,500 | |
| Relisted | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | Relisted | $203,500 | |
| Relisted | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Gibbsboro
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Listed by: Varouzh Abramian
Vanguard Realty Group Inc
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJCD2061792
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.
Vanguard Realty Group Inc
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJCD2061792
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