88 Thomas St W
Greater Napanee, K7R 2H1
FOR SALE
$350,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSX9269267
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Property Description
Power of Sale! Affordable Investment Opportunity to Own a Solid Rental Property! This Property Generates a Steady Income of $2,927.40 per Month! Whether you're looking to begin or increase your real estate portfolio this one is definitely a keeper! Don't miss out make it yours!
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
66' x 59'
Fronting
South
Taxes
$2,312 (2024)
Basement
Sep Entrance, Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Carport
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Greater Napanee Market Statistics
Greater Napanee Price Trend
88 Thomas St W is a 3-bedroom 1-bathroom home listed for sale at $350,000, which is $211,000 (37.6%) lower than the average sold price of $561,000 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in Greater Napanee increased by $24,334 (4.5%) compared to the previous 30 day period (July 17 - August 15) and up $20,000 (3.7%) from the same time one year ago.Inventory Change
There were 10 3-bedroom homes listed in Greater Napanee over the last 30 days (August 16 - September 14), which is up 100.0% compared with the previous 30 day period (July 17 - August 15) and up 66.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Greater Napanee typically sold ($16,500) (2.9%) below asking price over the last 30 days (August 16 - September 14), which represents a $11,200 decrease compared to the previous 30 day period (July 17 - August 15) and ($14,900) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Greater Napanee over the last 30 days (August 16 - September 14) stood at 40.0%, down from 60.0% over the previous 30 days (July 17 - August 15) and down from 83.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Greater Napanee stood at 60 days when successfully sold over the last 30 days (August 16 - September 14), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Your Home Sold Guaranteed Realty Specialists Inc.
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