Photos Link
*GIS Map and Floor Plans Included
First Floor | Second Floor | Third Floor | Basement, Exterior, Floorplan, GIS | Video Walkthrough
Fix and Flip Profit Potential Estimate
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- ARV (After Repair Value): $700,000
- Purchase Price: $370,000
- Repair Estimate: $142,600
- Closing and Carrying Costs (10%): $70,000
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- Profit Potential: $117,400
Highlights
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- Unfinished addition can be converted to in-law suite
- Over an acre
- Large garage/barn
- 4.5 bathrooms
- Over 100k in fix and flip profit potential
Repair Estimate
Total Estimated Repair Range: $142,600
Property Details
- Beds: 5
- Baths: 4.5
- Square Footage: 4226 SqFt.
- Lot Size: 1.15 Acres
- Year Built: 1880
- Zoning: Single Family
- Heat: Boiler – Fair Condition
- Electric: 200 Amp Panel – Good Condition
- Plumbing: Copper – Good Condition
- Water: Private Water – 3 Wells
- Sewer: Private Septic
- Roof: Metal Panel Roof – Good Condition
- Foundation: Stone – Good Condition
- Windows: Anderson Double Pane Windows Throughout
- Flooring: Wood and Carpet in Fair Condition. Kitchen and Baths Need New Flooring
- Flood Zone: No
- Mold Noted: No
- Water Damage: No
- Water in Basement: No
Comparable Sales/CMA
*we recommend any potential investor do their own due diligence and use these as a point of reference only
ARV (After Repair Value) Comps:
2312 Little Rd
4 beds, 2.5 bath, 2,744 sqft
Sold for $695,000 on 2025-09-08
PPSF (Price Per Square Foot): $253
1035 Oak Hill View Dr
6 beds, 3.5 bath, 3,272 sqft
Sold for $620,000 on 2025-07-18
PPSF (Price Per Square Foot): $189
104 Hampton Cir
5 beds, 2.5 bath, 3,000 sqft
Sold for $574,900 on 2025-04-29
PPSF (Price Per Square Foot): $192
ARV (After Repair Value) Estimate
Average Price Per Square Foot: $190
Subject Property Sqft: 4,266 x $190 = $812,673
ARV Estimate: $700,000 (reduced down from the price per square foot average due to the unique nature of the property and lack of sales data for homes this large in the area)
As-Is Comps:
135 Hoffmansville Rd
6 beds, 3.5 bath, 4,112 sqft
Sold for $528,850 on 2025-01-24
PPSF (Price Per Square Foot): $129
104 Crystal Ln
6 beds, 3.5 bath, 3,348 sqft
Sold for $560,000 on 2025-01-17
PPSF (Price Per Square Foot): $167
As-Is Value
Average PPSF: $147.94
Subject Property Sqft: 4,266 x $147.94 = $627,102
As-Is Estimate: $450,000 (reduced down from the price per square foot average due to the unique nature of the property and lack of sales data for homes this large in the area)
Town Overview
Frederick, PA is a small town located in Montgomery County, known for its historic charm and community-oriented atmosphere. The town features a mix of residential neighborhoods and local businesses, making it an appealing place for families. Its proximity to larger urban centers provides residents with additional amenities and opportunities.
- Economic/Jobs: The local economy is primarily driven by healthcare, education, and retail sectors, with a diverse job market supporting various industries.
- Education: Frederick is served by the Upper Perkiomen School District, which offers quality education from elementary through high school.
- Lifestyle & Amenities: Residents enjoy a suburban lifestyle with access to parks, recreational facilities, and community events. The town has a variety of dining and shopping options, enhancing the quality of life. Outdoor enthusiasts can explore nearby natural areas and trails.
- Transport Links: Frederick is accessible via major highways, providing convenient transport links to surrounding areas.
For more details on Frederick’s attractions and local resources, visit:
- http://www.frederickpa.com
Contact Us to Schedule a Walkthrough
The Melito & Koch Team
- Scott Shea Direct Line: 215-610-3777
- Scott Shea Email: scott@melitoandkoch.com
- Website: melitoandkoch.com
- Facebook: The Melito & Koch Team
Disclosures
- ORAL CONSUMER NOTICE:
- The Real Estate Law requires that I provide you with a written notice that describes the various business relationship choices that you may have with a real estate licensee. Since we are discussing real estate without you having the benefit of the consumer notice, I have the duty to advise you that any information you give me at this time is not considered to be confidential, and any information you give me will not be considered confidential unless and until you and I enter into a business relationship. At our first meeting I will provide you with a written consumer notice which explains those business relationships and my corresponding duties to you.
- HOLD HARMLESS ACKNOWLEDGEMENT:
- The information contained in this email, including attachments, is confidential and may be legally privileged. It is intended solely for the use of the individual or entity to whom it is addressed. If you are not the intended recipient, please notify the sender immediately and delete this email. Real estate investment carries inherent risk, and this email does not constitute legal or financial advice. While I strive to provide accurate and up-to-date information, I make no warranties regarding the correctness of the data or the viability of the investment strategies discussed. By using the information provided, you agree to hold harmless The Morrow Wargo Group, Realty ONE Group Supreme, or any other entity related to our relationship- for any reliance on the content of this correspondence. Investment decisions should be made based on your own due diligence and consultation with financial and legal advisors. As a real estate agent, I provide services to assist in purchasing properties and analyzing data; however, the ultimate responsibility for investment decisions lies with the investor.
- DUE DILIGENCE:
- This deal must be analyzed individually. Investment returns are not guaranteed. All investors should conduct their due diligence. The Melito & Koch Team, Realty ONE Group Supreme, and associated parties are not liable for any inaccuracies or reliance on this information.
