77 PENNINGTON
About This Property
Experience breathtaking water views from this stunning Navasink II model, perfectly situated on the Rancocas Creek and adjacent to scenic walking paths. Enjoy spectacular sunsets from your newly installed paver patio, ideal for entertaining or quiet relaxation.
This expanded, gourmet-inspired Home has been meticulously upgraded and maintained. Freshly painted interiors, new landscaping and rear awning plus modern conveniences-including a new washer and a hot water heater just five years old-ensure move-in ready comfort. Thoughtful construction packages elevate the home with upgraded front door with transom, detailed interior trim around windows, and custom moldings in the entryway. You'll also find a paver walkway leading to the covered front porch and a 2 car attached Garage.
Entertain with ease in the open-concept layout featuring a front Living / Sitting room and spacious Dining area, where beautiful Brazilian cherry hardwood flooring flows through much of the first floor. A classic gourmet Kitchen complete with Granite countertops, double wall ovens, gas cooktop, recessed lighting, 42" raised panel cabinets, and an island with bar seating overlooks a two-story family room. The Family room is highlighted by a vaulted ceiling, a gas fireplace encased with paneled wall, and a wall-mounted TV-all perfectly framed by creek views. Step out to the paver patio with a custom stone seating wall and retractable awning with remote for seamless indoor-outdoor living!
The Primary retreat is a serene haven with a Walk-in closet, built-in storage cabinet, sconce wall lights, and a luxurious bathroom featuring a jetted tub, dual-sink vanity, shower, and ceramic tile flooring. A 2nd Bedroom (currently used as an office) shares a Jack-and-Jill style entrance to a beautifully updated second full Bath with granite vanity and step-in shower. Additional first-floor features include 3 storage closets, a dedicated laundry room, and garage access.
Upstairs, a spacious loft, attic storage, and a private 3rd Bedroom with full Bath provide flexible living space. Sellers are offering a $600 credit toward a home warranty of the buyer's choice. Location, lifestyle, and luxury-all in one exceptional waterfront home. On top of everything - this vibrant commuity offers plenty to do including a Club House, Swimming Pool, horse shoe pits, shuffleboard, tennis/pickleball court and game/party room! Do Not Wait!
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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%.
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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 |
|---|---|---|---|
| Jan 14, 2026 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Listed by BHHS Fox & Roach-Moorestown | $529,900 | |
| Listed by BHHS Fox & Roach-Moorestown | |||
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017