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Wholesale Investment Property
All Properties are normally sold within 14 days from the date listed. Please check the status of the unit with us before beginning research on properties older than 14 days.
This property information is Strictly for Real Estate Acquisitions Co. Investors and associates only.
275 & 269 Braddock Mill Rd. Marlton, NJ 08053
Unique Rental + “Free” Development Opportunity. Buy two properties for the price of one. The rental will cover the holding costs of the purchase, while you build on the development land next door.
275 Braddock Mill Rd – (Rental property).
Wholesale Price: $130,000
After Repair Value: $197,079
Yearly Net Cash Flow: $6,223
Cash on Cash Return: 4.32%
Cap Rate: 4.32%
Property Information
Building Type: Single Family Residence
Bedroom: 2
Bath: 1
Vacant: No
Owner Occupied: Non-Owner Occupied
275 Braddock Mill Rd. Construction Details:
Facade and Exterior – Wood Siding
Roof – Shingles
Heating – Gas
Plumbing – Copper
Laundry: N/A
HVAC: Window Units
Water: Well
Sewer: Septic
269 Braddock Mill Rd – Lot Size .91 Acres (Development Opportunity)
After Repair Value: $248,000
Total Net Estimated Profit: $85,369
Cash on Cash Return: 56.83%
ROI: 52.49%
Zoning Information: § 160-59
Rural Development-3 (RD-3), Pinelands Area.
A. Purpose. To preserve the existing character and environmental quality while allowing some population growth which recognizes the high development suitability of this area.
B. Principal permitted uses. Only the following shall be permitted:
(1) Agriculture, including silviculture and horticulture.
(2) Single-family detached dwellings, provided that clustering of the permitted dwellings shall be required in accordance with § 160-19D whenever two or more units are proposed as part of a residential development.
[Amended 7-25-2012 by Ord. No. 20-7-2012]
Rental Analysis
| Address | Price Sold | Sold Date | Size (sf) | Price per sf |
| 196 Braddock Mill Rd, Evesham, NJ 08053 |
229,500.00 | 7/1/2019 | 1105 | $208 |
| 110 Colony Trl, Marlton, NJ 08053 |
290,000.00 | 5/1/2020 | 1000 | $290 |