1925 Haworth St, Philadelphia, PA 19124

3 beds, 1 bath, 1,232 sqft
Sold: $23,000
Sold on 02/07/13
Zestimate®: $30,875
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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More Pictures: http://www.cmtrealestate.net/information.htmlContract for Sale: 1925 Haworth St, Philadelphia, PA 19124 (3 bedroom / 1 bathroom, 1232 sqft) Price: $29,500 (Turn Key Rental) Description: Repairs: <5K Hardwoods already refinished HWH new in 2007 Heater <25 yrs old (gas forced air) Fridge, Washer, and Dryer staying New sewer line 9 yrs ago 100 AMP service Roof: rubber membrane redone few yrs ago Bathroom tile: new 3 yrs ago Needs: new carpet, doors, kitchen floor, and some cement work our front Makes for excellent section 8 rental Rental Analysis Purchase Price: $29,500 Total Estimated Repairs: $3,000 Reinstatement Costs: $0 Transfer Tax: $590 Closing Costs: $590 Buyer's initial cost: $33,680 After Repaired Value: $60,000 Re-fi @ 70%: $42,000 Re-fi cost: $840 Buyer's initial cost: $33,680 Buyer's Profit @ Closing: $7,480 (Cash-out: Money to you) Monthly Rental Income: $875 Vancany: $88 Taxes: $62 Insurance: $67 Property Management: $0 Utilities: $0 (tenant pays) Repairs: $88 Net Operating Income: $571 Monthly Principal & Interest: $271 (25 yr mortgage @ 6.0%) Cashflow $301 Rent Comps: $800 to $950/month Cash Comps needing less than $10,000 in repairs: 5040 Cottage St, SOLD $33,000 (996 sqft); 1913 Wakeling St SOLD $31,000 (1224 sqft)  MoreLess
 
Facts
  • Lot: 1,306 sqft
  • Townhouse
  • Built in 1945
  • Last sold: Feb 2013 for $23,000
  • Price/sqft: $19
Features
  • Unfinished basement
    Construction
    • Exterior material: Brick
    • Room count: 6
    • # Stories: 2.0
    • Unit count: 1
    Other
    • Floor size: 1,232 sqft
    • Lot depth: 87
    • Lot width: 15
    • Parcel #: 622031400
    • Zillow Home ID: 10558188
    Home Values
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    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    $30,875
    -$10,078 Last 30 daysd
    $24K
    $35K
    Zestimate range
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    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $896/mo
    -$5 Last 30 daysd
    $753
    $1.2K
    Zestimate range

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    Neighborhood for 1925 Haworth Street

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    Zillow predicts Frankford home values will fall 2.1% next year, compared to a 1.2% increase for Philadelphia as a whole. Among Frankford homes, this home is valued 50.9% less than the midpoint (median) home, and is valued 66% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the Frankford market, the number of foreclosures waiting to be sold shrank 51.1% in the last year. The number of unsold foreclosures is 42.5% greater than in Philadelphia, and 55.2% higher than the national average. This higher local number may prevent Frankford home values from rising as quickly as other regions in Philadelphia.

    Learn more about forecast calculations or Frankford home values.
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      Contact a local agent

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      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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