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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.
962 Lamberton St. Trenton, NJ 08611
Fix and Flip
Wholesale Price: $100,881
Rehab Cost: $22,000
After Repair Value: $166,656
Projected Net Profit: $25,738
Property Information
Building Type: Single Family Residential, Town-home
Beds: 3
Baths: 2
Property SF: 1,320
Real Estate Tax: $2,740
Vacant: No
Owner Occupied: Non-Owner Occupied. Rented at $1200/m
Parking: Parking in rear
Construction Details:
Facade and Exterior: Vinyl Siding
Roof: Rubber Roofing
Electric: Romex
Heating: Heating is via HVAC
Cooling: Window Units
Laundry: W/D in Units
Water: Public
Sewer: Public
Zoning: Residential
Fix and Flip
Investment Type Cost
Wholesale Price $100,881
Rehab Cost $22,000
Estimated closing costs $4,981
Estimated holding costs $4,981
Estimated selling costs (5% of ARV) $8332.8
Total Initial Investment: $141,175
Net Profit Calculation
Estimated After Repair Value $166,656
Total Estimated Investment $141,175
Projected Net Profit: $25,481
Comparables from the MLS used to determine ARV
|
Address |
Price Sold |
Sold Date | Size (sf) |
Link |
|
|
313 Home Ave, Trenton, NJ |
109,000.00 | 1/14/2022 | 1112 | https://www.zillow.com/homedetails/313-Home-Ave-Trenton-NJ-08611/39023547_zpid/ | |
|
30 Jersey St, Trenton, NJ 08611 |
115,000.00 | 12/30/2021 | https://www.zillow.com/homedetails/30-Jersey-St-Trenton-NJ-08611/39022785_zpid/ | ||
| 116 Henry St, Trenton, NJ 08611 | 176,000.00 | 11/30/2021 | 1232 |
https://www.zillow.com/homedetails/116-Henry-St-Trenton-NJ-08611/38982104_zpid/ |
|
| 838 Lamberton St, Trenton, NJ 08611 | 155,000.00 | 10/26/2021 | 1252 |
https://www.zillow.com/homedetails/838-Lamberton-St-Trenton-NJ-08611/39019120_zpid/ |
|