397 SAINT JOES AVE TRENTON, NJ 08638 Sold

  • $36,348
  • 2 beds
  • 2 baths
  • 1048 sqft

Wholesale Investment Property

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397 SAINT JOES AVE TRENTON, NJ 08638

Turnkey Rental
Wholesale Price:  $36,348
Rehab Cost:  $2,500
After Repair Value: $43,000  based on mls comps (see comps below)

Property Information
Building Type: SINGLE FAMILY RESIDENCE
Bedrooms:  2
Bathrooms:  2
Square footage:   1048 
Lot size:  1,259
Real Estate Tax: $1,563.90  
Occupancy: With Tenant
Parking: Driveway

Construction Details
Facade and Exterior: siding
Roof: Singles
Electric: breakers
Heating: forced air
Plumbing: copper and pvs
Laundry: yes
Zoning: Residential

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

 

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)
521 SAINT JOES AVE
TRENTON, NJ
82,500.00 9/20/2018

1680

1900

49.1

0.05

49 MECHANICS AVE
TRENTON, NJ
35,000.00 8/1/2018

1157

1891

30.25

0.08

219 MULBERRY ST
TRENTON, NJ
66,000.00 7/23/2018

1071

1887

61.62

0.1

41 KLAGG AVE
TRENTON, NJ
29,900.00 7/3/2018

1080

1920

27.68

0.12

323 KLAGG AVE
TRENTON, NJ
37,000.00 1/4/2019

1080

1892

34.25

0.15

24 SHERMAN AVE
TRENTON, NJ
42,000.00 1/15/2019

1008

1907

41.66

0.23

127 SHERMAN AVE
TRENTON, NJ
36,500.00 12/17/2018

972

1897

37.55

0.25

173 SHERMAN AVE
TRENTON, NJ
58,000.00 7/23/2018

1208

1877

48.01

0.26

619 N OLDEN AVE
TRENTON, NJ
36,000.00 11/9/2018

1102

1887

32.66

0.3

Average Cost/SQFT: $34.68
Average Sold Price: $46,988.89
After Repair Value: $43,000

Price:
$36,348
Address:
397 SAINT JOES AVE
TRENTON, NJ 08638
Square Feet:
1048
Lot Size:
1,259
Bedrooms:
2
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1866
Basement:
unfinished
Const. Type:
SINGLE FAMILY RESIDENCE

Call (609) 807-1497 for more details

Property Location

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