275 Green St. Unit 4M5 – Beverly NJ Pending

  • $65,000
  • 2 beds
  • 1 baths
  • 1,051 sqft

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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.

This property is available for purchase only with Cash, Hard Money, or Private Money.

275 Green St. Unit 4M5 Beverly, NJ 08010

Fix and Rent

Wholesale Price: $65,000 
After Repair Value: $87,496
Yearly Net Cash Flow: $10,043
Cash On Cash Return:  12.73%
Cap Rate:  12.76%

Property Information
Building Type:  Condominium
Bedrooms:  2
Bathrooms: 1
Real Estate Tax: $1,657
Owner Occupied: No
Vacant: will be delivered vacant
Parking: Street

Construction Details:
Facade and Exterior: Brick
Roof: Shingles
Electric: Breakers
Heating: Electric
Plumbing: Copper
Laundry: In Unit
Heating: Gas
City Sewage: Yes
Zoning: Residential

Projected Financials:
The following pro-forma is based on stabilized property occupancy. Expenses and profits were derived from market research.

 

Comparables from the MLS used to determine ARV
Average Cost/SQFT:$83.25
Average Sold Price:$87,500.00
After Repair Value:$87,495.75
Address Price Sold Sold Date Size (sf) Year Built Price per sf Distance from
subject
property (mi)
4N4 ARBOR GRN # 108 , NJ 75,000.00 11/2/2020 1051 1972 71.36 0.02
4H1 ARBOR GRN # 57 , NJ 100,000.00 3/5/2021 1051 1972 95.14 0.07

 

Price:
$65,000
Address:
275 Green St.
Beverly, NJ 08010
Square Feet:
1,051
Bedrooms:
2
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Condo
Year Built:
1972
Const. Type:
Condominium

Call (609) 807-1497 for more details

Property Location