6
Map
$452,500
●
House -
Off Market
6 SPRING TERRACE
BROWNS MILLS, NJ 08015
4 Beds
3 Baths,
1
Half Bath
4,420 Ft²
$3,294
Est. Monthly
About This Property
Massive Lakefront Colonial with Expansive Space & Endless
Potential!!! Offering 4,400 + sq. ft. this lakefront colonial
features breathtaking lake views and sits on three-quarters of an
acre of serene property in desirable Country Lakes Estates with
over 175' of lake frontage. Brimming with potential, this diamond
in the rough is ready to be transformed into the lakefront estate
of your dreams. Inside you'll find two fireplaces, 4 bedrooms, 3
full and 1 half bath, spacious rooms and an ideal layout for
multigenerational living with a private in-law suite. The attached
2-car garage adds convenience and storage, while the huge oversized
lot provides plenty of outdoor space for entertaining, gardens, or
future improvements. With its combination of size, location, and
lakefront lifestyle, this property is a rare opportunity for those
looking to create value and craft a truly extraordinary home. Don't
miss this once in a lifetime opportunity!
Unit Size
4,420 Ft²
Days on Market
-
Land Size
0.79 acres
Price per sqft
$106
Property Type
House
Property Taxes
$986
HOA Dues
-
Year Built
1976
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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: 6 months ago (Bright MLS #NJBL2102948)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Feb 18, 2026 | Listed by Schneider Real Estate Agency | $469,900 | |
| Listed by Schneider Real Estate Agency | |||
| Aug 20, 2025 | Listed | $540,000 | |
| Listed | |||
| | |||
|
Handyman special!! Ideal for investors/buyers with a vision! HUGE four-bedroom home with 4 bedrooms, 3.5 baths. Incredible potential and stunning lake views. Featuring tall ceilings, a bright living room, and a cozy family room, this property provides a generous layout that is ready for your vision. The master suite offers serene lakefront views and plenty of closet space, while a fully equipped in-law suite with a living room, full bath, kitchenette, and private entrance adds flexibility for guests. Additional highlights include a double-car garage, exterior curve appeal, and a large lot with direct lake view. While updates are needed, the home offers great bones and key improvements already in place. Perfect for investor/first-time buyers looking to personalize their home or investors seeking a value-add property, this residence combines lifestyle appeal with long-term potential. A true must see.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Country Lake Estates
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Listed by: Mark A Schneider
Schneider Real Estate Agency
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJBL2102948
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.
Schneider Real Estate Agency
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJBL2102948
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