Description
Asking $455,000
Est. Repairs $50,000 *
Est. Repaired Value $695,000 **
Potential Gross Profit >>>>$190,000<<<<
HERE IS THE OPPORTUNITY YOU WERE WAITING FOR!!!
Purchase this picture-perfect cul-de-sac property in a gated community of prestigious Princeton, NJ. Built in 1980 this property offers a first floor master suite with large walking closets. Comes with a total of 4 Bedrooms, 2.5 Baths, 3,354 Sqft of living space, inground private heated pool and jacuzzi. All of this on a 31,363 Sqft Lot, the property is also close to the community tennis courts and scenic views.
This is definitely one you would want to see in person. House is a little outdated but practically in move-in condition. House has a newer roof, newer HVAC and the exterior of the house was recently painted. The home will need approximately $50k worth of updating in order to flip for a great 6 figure return. Taxes for this property are about $18,452 per year. The Province Hill Homeowners Association semiannually dues are about $291 per month. Dues include landscaping for al the common areas, tennis court maintenance, snow removal for the development and all driveways.
Note: Not all comps below are fully renovated. Based on Comps below the average property sales for about $212 per Sqft
The subject property has about 3,354 Sqft.
$212 per Sqft x 3,354 Sqft = $711,048 Est. Value
The average Days On Market (DOM) is 85
Comps:
(1) 56 Carter Rd Sold for $445k on 06/06/19 DOM 8
(3bed 2bath 1,725 Sqft Renovated $258 per Sqft )
(2) 68 Carter Rd Sold for $449k on 07/01/19 DOM 136
(2bed 2.5baths 2,356 Sqft Outdated $190 per Sqft)
(3) 4 Highland Rd Sold for $555k on 12/30/19 DOM 253
(3bed 3baths 2,616 Sqft Updated $212 per Sqft)
(4) 13 Foxcroft Dr Sold for $645k on 08/26/19 DOM 29
(3bed 3.5baths 3,382 Sqft Updated $190 per Sqft)
(5) 35 Foxcroft Dr Sold for $700k on 10/28/19 DOM 130
(5bed 4.5baths 3,508 Sqft Fully Renovated $199 per Sqft )
(6) 1028 Mercer Rd Sold for $704k on 03/03/20 DOM 38
(4bed 2.5bath 3,180 Sqft Renovated $221 per Sqft
(7) 306 Cobblestone Way Sold for $716k on 07/10/19 DOM 1
(4bed 2.5baths 3,316 Sqft Fully Renovated $215 per Sqft)
CALL OR TEXT JOHN JARAMILLO FOR MORE INFO AT 732-630-2627
IF YOU NEED FUNDING TO PURCHASE THIS PROPERTY OR ANY OF OUR PROPERTIES, PLEASE GIVE US A CALL AND WE CAN PUT YOU IN TOUCH WITH ONE OF OUR AFFILIATE LENDERS.
SERIOUS BUYERS ONLY PLEASE. Buyer must be purchased with cash, hard or private money, or line of credit and able to close within (10) days or less. 10% Non-Refundable deposit due within 48 hrs of acceptance. Property being sold “as is”, any and all inspections and certifications, including Certificate of Occupancy will be Buyer’s responsibility. Free and clear title, quick closing offered.
TO MAKE AN OFFER CALL John at 732-630-2627.
All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes. The buyer is responsible at their sole cost and expense to obtain all required permits, approvals, and certificates, including but not limited to the certificate of occupancy and smoke detector certification.
*Estimate repairs are only an estimate, all buyers are encouraged to visit the property with the contractor and gather an estimate.
**After Repair Value is an estimate of what the property can be resold after repairs have been completed. All buyers should perform their own due diligence.