Property Description:
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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
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 Cost/SQFT: $79.32
Average Sold Price: $94,966.67
After Repair Value: $86,620