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West Freehold 07728
138 Lancaster Road
$669,000
● House - Off Market

138 Lancaster Road

Freehold, NJ 07728
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,965 Ft²
$753,965
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

This is the ''Mother-Daughter'' Home you have been looking for. Highly sought after but HARD TO FIND!  This desirable Expanded Stonehurst Colonial boasts a 30x30 GREAT ROOM Addition offering a full bar, pool table and plenty of extended space for ALL to enjoy!  Additional features include; hardwood flooring, wood burning fireplace with custom built ins and moldings, renovated baths, full basement, in-ground pool, composite decking and a fenced in yard; creating a wonderful HOME Environment. PLUS*** An  In-Law Suite with its own private entrance, LR, DR, Kitchen, Bedroom, Bath, Laundry, Heating & Air and perfect for Multigenerational Living. The new driveway and professional landscape finish off this beautiful home. Local Schools, RT 9, Shopping & Parks just minutes away. Truly A RARE Find!
Unit Size
3,965 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$156
Property Type
House
Property Taxes
$979
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (MOMLS #22101158)

Price History

Date / Event Date Event Price
Apr 6, 2021 Sold
Premium
Sold
Jan 14, 2021 Listed by Coldwell Banker Realty $620,000
Listed by Coldwell Banker Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 875
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 25,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 3,964
  • Building Area: 3,964
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,964
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000574
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Freehold Township School District
  • Census Tract: 810504

Zoning

  • Zoning: R-25

Geography

  • Assessors Map Reference: TAX MAP 35
  • Account Number: 2880000
  • District: 17
  • Parcel: 17 00071- 26-00010
  • Block: 71.26
  • Lot: 10
  • Municipality: FREEHOLD TWP
  • Latitude: 40.2241
  • Longitude: -74.2919

    Address

  • Full Address: 138 Lancaster Rd
  • Address - House Number: 138
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Freehold
  • Carrier Code: C040
  • 4-Digit Zip Code: 3177
  • Zip Code: 07728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,324,931

    Appraisal Valuation

  • Standard Deviation: 0.1634
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 836,956
  • High Value: 973,738
  • Low Value: 700,173

    Market Valuation

  • Market Total Value: $710,800
  • Market Land Value: $279,400
  • Market Improvement Value: $431,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $710,800
  • Assessed Land Value: $279,400
  • Assessed Improvements Value: $431,400

    Sales

  • Current Sale Contract Date: Apr 06, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021086998
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Freehold

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$341

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1889 ft²

Average Home Age

46.9 years

Currently For Sale

21 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MOMMLS

Listed by: Jayne Camlin, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22101158
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 138 Lancaster Road built and last sold?
The property at 138 Lancaster Road was built in 1963 and last sold on Apr 6, 2021 for $669,000.
How much is this home worth?
The estimated value of the home located at 138 Lancaster Road is $626,200.
What are some comparable homes to 138 Lancaster Road?
There are currently no comparable homes to 138 Lancaster Road.
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