Wholesale Investment Property
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This property information is Strictly for Real Estate Acquisitions Co. Investors and associates only.
48 ASBURY ST TRENTON NJ 08611
Purchase/Rent
Wholesale Price: $69,777
Renovation Cost: $15,000
After Repair Value: $86,620
Yearly Net Cash Flow: $10,012
Cap Rate: 11.56%
Property Information
Building Type: Row Home
Bedrooms: 4
Bathrooms: 1.5
Square footage: 1,176
Real Estate Tax: $1,791
Vacant: No but can be delivered vacant
Owner Occupied: No
Parking: Street
Construction Details
Facade and Exterior: Siding
Roof: Shingles
Electric: Breakers
Heating: Gas
Plumbing: Copper
Laundry: Yes
Public Water: Yes
Public Sewer: Yes
Zoning: Residential
Rental Analysis
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) |
| 429 LAMBERTON ST TRENTON, NJ |
99,900.00 | 7/29/2020 | 1304 | 2005 | 76.61 | 0.05 |
| 353A UNION ST TRENTON, NJ |
95,000.00 | 3/25/2020 | 1144 | 2010 | 83.04 | 0.09 |
| 17A IRON WORKS WAY TRENTON, NJ |
90,000.00 | 3/31/2020 | 1144 | 2010 | 78.67 | 0.13 |
Average Sold Price: $94,966.67