home in Philadelphia, PA
Set in Philadelphia, PA, this home provides 3 bedrooms and 2 bathrooms across 1,404 square feet.
| Price | $375,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1404 |
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| Address | 700-8 Borbeck Ave, Philadelphia, PA 19111 |
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Why buy this home
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little above the area.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,659/month with 20% down at a 7.28% 30-year fixed rate. You would need about $113,952 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,053/mo |
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| Property tax (new-buyer reassessed rate) | $466/mo |
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| Homeowners insurance | $141/mo |
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| Total monthly | $2,659/mo |
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| Down payment (20%) | $75,000 |
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| Income needed | $113,952/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (57 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (57/100) |
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| Beats renting in | 7% of modeled paths |
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| Modeled 5-yr equity (median) | $162,517 |
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| Range (10th to 90th pct) | $93,300 to $244,730 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Philadelphia, PA where local data is thin.
Local home values
Typical home values in Philadelphia, PA have risen about 28% over the past 5 years (+3% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia