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Current Selection: All Prices All Types All Locations New Selection Sorted By: Default New Sort
<Back to Page Previous Next Property 166 of 167 Selections
    Feature Property - 201 Reading Ave, Barrington, NJ $524,990 
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Address:   201 Reading Ave    City/ST:   Barrington, NJ   Zip Code:   08007  
Location:   Barrington   Property Type:   Multi Family Home   New or Resale:   Resale   
Square Footage:   5000   Bedrooms:   8   Bathrooms:   5  
MLS#   5299795  

DIRECTIONS:Clements bridge rd to left on reading Cross Street:Clements Br.
County: Camden Tax ID #: 03-00033-00001 Subdiv / Nei: Barrington Gardens School Dist: Barrington Boro
Total Units: 5
Type: MultiBldgs
# Stories: 2.0
Design: AptBldg
Age: 66 NC: N
ApSqFt: 5,000
Unit # Bedrooms FullBaths PartBaths Occupied Rent 1 3 1 0 Y 1200 2 2 1 0 Y 1075 3 1 1 0 Y 700 4 1 1 0 Y 800 5 1 1 0 Y 850
Financial Info:
Gross Ann Inc $62,100
Total Ann Exp $21,389
Net Operating Inc $40,711
Gross Rent Mult 8.45
Cap Rate 7.75
Ann Heat Exp $3,500
Ann Elec Exp $1,200
Ann Wtr/Swr Exp $3,700
Ann Ins Exp $3,000
Great rental income too in addition to the rents listed above the coin op washer and dryer make s $250 per month and the 4 car garage gets 300 per month...building also has new windows roof and siding as well as new high eff. heater and water heater and new water main...
Heating/Cooling/Utilities: GasHeat, HotWaterHeat, NoA/C, GasHotWater, PublicWater, PublicSewer, 100-150AmpEl Garage(s) & Parking: 4+CarGarage, 3-CarParking, StreetParkng Interior: PartialBsmnt, UnfinishBsmt, FinishedWood, W/WCarpeting, Vinyl/LinFl, PrivateEntr, CeilngFan(s), Basement, CommonLaundr, NoModifs/Unk Exterior: Sidewalks, StreetLights, VinylExt, Block/BrickF, ShingleRoof Other: Average+Prop FeeSimple, AddIncLndry, ConventFin Inclusions: 5 Ranges Exclusions: Tenants Personall Belongings



Last Updated: 6/10/2010 2:43:29 PM

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Real Estate Tips
Accepting An Offer >Know Your Price Range

As a homebuyer, you may have found the perfect new house for your growing family, but what if it is a little out of your price range? You might list your current home for more than it is worth and be lucky enough to find a qualified buyer who is willing to pay the price, but it is impossible to know in advance what your home will sell for.

If you want to sell your home quickly, have a frank and detailed conversation with your real estate agent to determine the best price for the house. Setting your price within 5% of the fair market value of your home greatly increases your chances of getting solid offers that will result in a relatively quick sale.

Don't buy and sell so close to your target amount that you become anxious when the numbers don't meet your expectations. There may be other approaches, such as adjustable rate mortgages or owner financing, to increase your buying power and get you into that new home. When you are selling one home and buying another, you will need more than good luck. You will need a highly professional and experienced real estate agent who can give you solid advice on how to make the transaction work for your particular requirements.

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Real Estate Trivia
Q 
Which house over 100 years old still holds the title as the largest house in the U.S.?

A 
The 250-room Biltmore House in Asheville, NC, built 1890-1895 at a cost of $4.4 million, is the largest house in the US.
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Brent Grigsby, REALTOR®, real estate agent and broker for Mullica Hill, Mantua and Woodstown, New Jersey home listings, property and land for sale - NUMBER1EXPERT

Brent Grigsby
REMAX Connection

660 Woodbury Glassboro Rd.
Sewell, NJ 08080
609-504-8185
Fax: 609-415-1291
brentgrigsby@NUMBER1EXPERT.com


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