$745,000
●
House -
Off Market
48 RICKLAND DRIVE
SEWELL, NJ 08080
4 Beds
2 Baths,
1
Half Bath
3,920 Ft²
$4,715
Est. Monthly
4.55%
Cap Rate
About This Property
Homes like this Normandy model in the sought after Thornbury
section of Washington Township do not present themselves often and
when they do they do not last! Offering almost 3,000 Sf of living
space and almost 1,000 SF of a partially finished basement your new
home awaits. All you need to do is unpack and unwind in 48 Rickland
Drive. No detail has been spared in creating an inviting atmosphere
for your new home. Hardwood floors run throughout the home
providing easy maintenance along with a stylish modern look. The
two story foyer greets you as you enter the home and flows into the
living room and dining room to the left or walk straight into the
open kitchen accessing the family room to the right or dining room
towards the left. The Gourmet-style Kitchen is equipped with
a wall oven, center island with built-in microwave, beverage
cooler/coffee bar , Stainless Steel Appliances, and Pantry. The
kitchen also offers plenty of cabinet space, granite counters,
tiled backplash as well as decorative crown molding. Three
second floor bedrooms are generously sized with plenty of closet
space. The hall bathroom is equipped with a double sink and large
closet for storage as well as a linen closet in the hall. The
primary suite is your escape from it all featuring a large walk-in
closet and ensuite complete with double sink and vanities, tile
stand shower, soaking tub, and a custom designed marble floor. The
design of the ensuite exudes sophistication and provides a
luxurious and relaxing atmosphere. The partially finished basement
offers a drop tile ceiling, recessed lighting, and LVP flooring
enabling anyone to utilize the space as a theatre/game room, home
office, or exercise room. The mechanical room also contains plenty
of storage space while housing the heater and hot water heater. New
Custom Hunter Douglass plantation shutters have been installed
throughout the entire house and the house was freshly painted in
2024. The exterior of the house shows nice curb appeal, front and
back yard sprinkler system, and a storage shed. The patio off of
the kitchen provides an area for entertaining and relaxing.
The laundry room also includes a sink and storage cabinets.
48 Rickland is a must see which exemplifies pride of ownership,
attention to detail, and a warm and inviting atmosphere for your
lifestyle. Take advantage of this opportunity to live in one of
Washington Township's premiere communities. Listing agent is the
seller.
Unit Size
3,920 Ft²
Days on Market
-
Land Size
-
Price per sqft
$190
Property Type
House
Property Taxes
$1,057
HOA Dues
-
Year Built
1996
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Cap Rate Calculator
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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: 2 years ago (Bright MLS #NJGL2061690)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| Sep 8, 2025 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Relisted | $745,000 | |
| Relisted | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Aug 24, 2025 | Listed by Innovate Realty | $745,000 | |
| Listed by Innovate Realty | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Gloucester
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Listed by: Michael A. Moore
Innovate Realty
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# NJGL2061690
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.
Innovate Realty
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# NJGL2061690
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