Single Family Home in Middletown

Monmouth County, Middletown Township, NJ, 07748
Sold
Listed at: July 24th, 2024
Price
$525,000
ARV
$882,500
Gross Margin
$357,500
Sq. Footage
2137
Type
Single-Family
Parking
Driveway
Year build
1958
Lot size
0.27 acres
Bedrooms
4
Bathrooms
2.5
Half Bathrooms
1
Summary

Investment Opportunity: 48 Bayberry Ln, Middletown, NJ 07748

Overview: Seize the chance to invest in a coveted property at 48 Bayberry Ln, Middletown, NJ. This is a full gut renovation project poised in a well-sought area, offering substantial potential for a lucrative ROI with a renovation investment of approximately $200,000.

Project Details:

  • Type: Full Gut Renovation
  • Estimated Renovation Cost: $200,000
  • After Repair Value (ARV): $882,500 (Average of recent comps)
  • Comparable Sales:
    • 10 Millbrook Dr - Listed at $830,000, sold for $925,000 on July 1, 2024
    • 352 Main St - Listed at $789,000, sold for $840,000 on April 19, 2024

Property Highlights:

  • Location: Desirable neighborhood in Middletown, NJ
  • Investment Potential: High potential for significant equity gain after renovations
  • Market Trend: Strong local sales data indicating positive market appreciation
This is an assignment contract. A legally binding purchasing contract has been signed with the seller giving this company exclusive rights to purchase & assign the property. This company does not represent the owner. We are not acting as brokers and do not represent ourselves as such. DO NOT CONTACT THE tenant/owner/seller without our explicit consent. Any attempts to renegotiate or contact the homeowner will trigger legal action. All properties are sold as-is, where-is. Contents may be left behind by the seller. No repairs or concessions are to be made. Buyer to use title already ordered. Buyer to pay s $495 transaction fee.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Anthony Chiaino

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