HUGE opportunity to grab appreciation in explosive Huntsville area

Toney, Alabama
Quarter Mountain Estates

Listings Stats

Published: Mar 18, 2024
Last Edited: Jun 28, 2024
Listing Type: MLS
Listing Status: No Longer Available
Number of Views: 650
Days On Flippery: 234
Number of Favorites: 0

The Numbers

Asking Price ($): $284,000
After Repair Value: $330,000
Est. Cost of Repairs: $9,000
Est. Gross Profit: $37,000
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Real Estate Investment

Description of Property

This is currently off market, I’m putting it on the MLS next week –

Built in 2018

5 miles from Huntsville!

2 miles from Sparkman middle
The home right next door (108 N Rim is for sale for $330,000- and it’s smaller with one less full bathroom)

LTR: $2,000-$2,100/month

MTR: $3,000-$3,400

 

Text me for more pictures!

Nigel Gayle

 

Description of Repairs

Paint, new carpet needed, replace garage door, replace water pressure booster pump I have a contractor bid if you’d like to see the breakdown Text me for pictures!
  • Access:
    Message Me
  • Build Year:
    2018
  • Home Area(sqft):
    1,870
  • Bedrooms:
    4
  • Heating:
    Furnace
  • Fireplace:
    No
  • Property Type:
    Single Family Residence
  • Occupancy:
    Vacant
  • Lot Size(acres):
    .44
  • Bathrooms:
    3
  • Cooling:
    Central A/C
  • Foundation:
    Slab
  • Sewer:
    Unknown
  • Parking:
    Attached Garage

The Numbers

  • Asking Price ($):
    $284,000
  • As-Is Price/Sq Ft:
    $151.87
  • Est. Cost of Repairs:
    $9,000
  • After Repair Value:
    $330,000
  • ARV Price/Sq Ft:
    $176.47
  • Est. Gross Profit/Equity:
    $37,000
  • Price Negotiable?:
    Yes
  • Purchase Option:
    Cash, Hard Money, Conventional Loan, FHA Loan, VA Loan, USDA Loan,

Comparables

No info given

Property Inspection

Location

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