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836 SPRUCE LANE
About This Property
The home has been thoughtfully remodeled throughout and features a spacious open-concept floor plan designed for both everyday living and entertaining. The updated kitchen showcases granite countertops, white cabinetry, stainless steel appliances, and recessed lighting. Modern finishes and quality upgrades continue throughout the home.
Beyond the main living areas, you'll find an oversized two-car garage, complete with a separate air-conditioned workshop, 240-volt service, and a natural gas line already in place-ideal for hobbyists, craftspeople, EV charging, or future customization.
Outdoor living is equally impressive, with a welcoming front deck, and a private screened porch overlooking the fully fenced backyard. A detached 200-square-foot outbuilding, with electrical service, provides exceptional storage or can be reimagined as a flex-space. Additional improvements include upgraded 200-amp electrical service, a new main electrical panel, all-new wiring and subpanel in the garage, leaf-free gutters, and energy-efficient dual-pane windows and doors.
Why wait for vacation when you can enjoy the Timber Lakes lifestyle every day? Don't miss the opportunity to make this exceptional property your own.
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2026 | Sold | ||
| Sold | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by Realmart Realty, LLC | $419,900 | |
| Listed by Realmart Realty, LLC | |||
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Discover a truly one-of-a-kind home in the coveted Timber Lakes community, where lake living and natural beauty come together in the heart of the Pinelands. This distinctive residence combines the warmth and character of a mid-century classic with the comfort of modern living. All new HVAC, all modern appliances, upgraded 200-amp electrical service, a new upgraded electric service panel, leaf-free gutters, and energy-efficient dual-pane windows and doors will provide move-in ready comfort along with ease of living and lower utility bills. A permitted expansion completed in 1993 doubled the home's footprint, adding a dramatic great room, and a generous primary suite, while preserving its unique charm. Enjoy the rare combination of space, character, and effortless single-level living in one of the area's most desirable settings. The home has been thoughtfully remodeled throughout and features a spacious open-concept floor plan designed for both everyday living and entertaining. The updated kitchen showcases granite countertops, white cabinetry, stainless steel appliances, and recessed lighting. Beyond the main living areas, you'll find an oversized two-car garage, complete with a separate air-conditioned workshop, all-new wiring and subpanel, 240-volt service, and a natural gas line already in place—ideal for hobbyists, craftspeople, EV charging, or future customization. Outdoor living is equally impressive, with a welcoming front deck, and a private screened porch overlooking the fully fenced backyard. A detached 200-square-foot outbuilding, with electrical service, provides exceptional storage or can be reimagined as a flex-space. Why wait for vacation when you can enjoy the Timber Lakes lifestyle every day? Don't miss the opportunity to make this exceptional property your own.
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| Jun 17, 2026 | Price Decreased |
$429,900
↓ $35K
(7.5%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$464,900
↓ $15K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017