Ocean
45 Lancaster Road
$430,000
●
House -
Off Market
45 Lancaster Road
Brick, NJ 08723
2 Beds
1 Bath,
1
Half Bath
1,094 Ft²
$2,497
Est. Monthly
5.90%
Cap Rate
About This Property
This charming ranch is a gem, boasting 2 bedrooms & 1.5 baths that
have been fully renovated to perfection. The beautiful wood
planking flooring flows throughout the home, creating a warm and
inviting atmosphere.
Located just minutes from the Breton Woods clubhouse, this home is in a prime location. A small deck off the kitchen is the perfect spot for your morning coffee, while the family room sliders lead you to the stunning fenced-in back yard. Here, you'll find a large deck, pergola, & a charming swing chair - the ideal setting for outdoor entertaining. The Yankee basement with concrete flooring provides ample storage space for all your needs. With lots of upgrades & attention to detail, this home is a true standout. Don't miss the opportunity to make this beauty yours!
Located just minutes from the Breton Woods clubhouse, this home is in a prime location. A small deck off the kitchen is the perfect spot for your morning coffee, while the family room sliders lead you to the stunning fenced-in back yard. Here, you'll find a large deck, pergola, & a charming swing chair - the ideal setting for outdoor entertaining. The Yankee basement with concrete flooring provides ample storage space for all your needs. With lots of upgrades & attention to detail, this home is a true standout. Don't miss the opportunity to make this beauty yours!
Unit Size
1,094 Ft²
Days on Market
88 days
Land Size
0.10 acres
Price per sqft
$388
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1940
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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: 2 years ago (MOMLS #22504111)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 14, 2025 | Listed by Weichert Realtors-Freehold | $425,000 | |
| Listed by Weichert Realtors-Freehold | |||
| Jun 2, 2022 | Sold | ||
| Sold | |||
| Apr 3, 2022 | Listed by All Towne Realty | $290,000 | |
| Listed by All Towne Realty | |||
| | |||
|
NO MORE STAIRS, NO FLOOD INSURANCE, AND NO NEIGHBORS, IN ALL SIZES! This fully renovated corner ranch-style home has lots of parking space and is just minutes from Brenton Woods Clubhouse. It's freshly painted throughout in a neutral color palette, with new beige vinyl flooring, a large family room with a sizeable closet, and a series of windows and a patio door on the south side that let in plenty of natural light. The patio door leads to a fenced-in backyard with a charming swing chair and a large deck that's perfect for family gatherings. This is a special house that's move-in ready and includes an eat-in kitchen, 2 bedrooms, 2 bathrooms, and 1,094 square feet of living space. The time of going to the basement to wash clothes is over. Instead, you will have the luxury and comfort of washing and drying your clothes on the same level, because one of the bathrooms is a combination laundry room. Come and take a look at this beauty. Don't miss out!
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Ocean
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Listed by: Eva Ling, Weichert Realtors-Freehold
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22504111
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.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22504111
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