Wholesale Investment Property
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1693 NOTTINGHAM WAY HAMILTON, NJ 08619
Fix / Flip
Wholesale Price: $150,000
Rehab Cost: $20,000 – $25,000
After Repair Value: $251,520
Projected Net Profit: $46,531 (18.5% ROI) – $51,531 (20.5% ROI)
Property Information
Building Type: SINGLE FAMILY RESIDENCE
Bedrooms: 3
Bathrooms: 1
Square footage: 1462
Lot size: 4,051
Real Estate Tax: $4,280
Occupancy: Vacant
Parking: Garage
Construction Details
Facade and Exterior: Wood
Roof: Shingles
Electric: Breakers
Heating: Oil
Plumbing: Copper
Laundry: Yes
Zoning: Residential
Comparables from the MLS used to determine ARV
Address | Price Sold | Sold Date | Size (sf) | Year Built | Price per sf | Distance from subject property (mi) |
1517 RICHMOND AVE HAMILTON, NJ |
270,500 | 12/2/2019 | 1647 | 1956 | 164.23 | 0.18 |
103 CHEWALLA BLVD HAMILTON, NJ |
229,000.00 | 11/25/2019 | 1462 | 1930 | 156.63 | 0.21 |
695 KLOCKNER RD HAMILTON, NJ |
202,500.00 | 6/21/2019 | 1185 | 1954 | 170.88 | 0.47 |
120 MORGAN AVE HAMILTON, NJ |
166,000.00 | 1/30/2020 | 924 | 1920 | 179.65 | 0.47 |
54 POPE AVE HAMILTON, NJ |
250,000.00 | 7/24/2019 | 1339 | 1950 | 186.7 | 0.53 |
60 POPE AVE HAMILTON, NJ |
195,000.00 | 10/1/2019 | 1075 | 1955 | 181.39 | 0.54 |
Average Cost/SQFT: $173.25
Average Sold Price: $218,833.33
After Repair Value: $253,291.50