101 SE Third Street #2B
About This Property
The manager has listed the unit size as 705 square feet.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2024 | No longer available | - | |
| No longer available | |||
| Dec 16, 2023 | Price Decreased |
$164,900
↓ $5K
(2.9%) | |
| Price Decreased | |||
| Oct 26, 2023 | Listed | $169,900 | |
| Listed | |||
| Jan 23, 2022 | No longer available | - | |
| No longer available | |||
| Jan 14, 2022 | Listed | $152,000 | |
| Listed | |||
| | |||
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Remodeled one bedroom, one bath condo with great view of downtown Evansville facing the river. The kitchen has granite countertops, subway tile backsplash, bar height breakfast counter, black stainless appliances (2019) and a shelved pantry. The living room has full width windows with blinds showcasing the spectacular view and trayed ceiling area perfect for the dining table. The laundry room with included stacked washer and dryer is adjacent to a spacious closet. The high-end feel of the space stems from the engineered hardwood (2019) throughout, painted (2018) walls and rolled drywall corners, 9' ceilings, and raised panel doors. The tiled bathroom has a twin granite vanity and a Jacuzzi tub and shower combo with beautiful tile surround. The water heater is new in 2022. Includes one mailbox, a covered parking space (#13), covered loading/unloading zone, and a lockable utility closet. $141/month fees include water and trash, common area maintenance and cleaning, and snow removal. The facility has upgraded security measures: secure locking doors, key card giving access to use elevators to owner's floor only, and a call box ability to grant guest access. Also included is lighted rooftop access containing a grill, sitting area, gazebo, putting green, and beautiful 360 views of Downtown Evansville and the Ohio River. Close to IU Med Center, Victory, Ford Center, Riverfront and heart of downtown attractions. The manager has listed the unit size as 705 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/26/2023
|
1 Bed
|
1 Bath
|
705 ft²
|
$169,900
1 Bed
1 Bath
705 ft²
|
-
-
|
Shaun Angel
RE/MAX REVOLUTION
| |
|
01/11/2023
|
3 Bed
|
3 Bath
|
2421 ft²
|
$395,000
3 Bed
3 Bath
2421 ft²
|
-
-
|
Mary McCarthy
F.C. TUCKER EMGE REALTORS
| |
|
01/14/2022
|
1 Bed
|
1 Bath
|
705 ft²
|
$152,000
1 Bed
1 Bath
705 ft²
|
-
-
|
Shaun Angel
RE/MAX REVOLUTION
| |
|
12/30/2021
|
3 Bed
|
4 Bath
|
2421 ft²
|
$395,000
3 Bed
4 Bath
2421 ft²
|
-
-
|
Mary McCarthy
F.C. TUCKER EMGE REALTORS
| |
|
12/26/2021
|
2 Bed
|
4 Bath
|
4273 ft²
|
$789,700
2 Bed
4 Bath
4273 ft²
|
-
-
|
Carolyn McClintock
F.C. TUCKER EMGE REALTORS
| |
|
11/12/2021
|
2 Bed
|
2 Bath
|
1076 ft²
|
$222,500
2 Bed
2 Bath
1076 ft²
|
-
-
|
James Sutton
F.C. TUCKER EMGE REALTORS
| |
|
07/21/2021
|
1 Bed
|
1 Bath
|
716 ft²
|
$140,000
1 Bed
1 Bath
716 ft²
|
-
-
|
Carolyn McClintock
F.C. TUCKER EMGE REALTORS
| |
|
04/12/2021
|
2 Bed
|
2 Bath
|
1064 ft²
|
$205,000
2 Bed
2 Bath
1064 ft²
|
-
-
|
-
| |
|
07/10/2020
|
1 Bed
|
1 Bath
|
713 ft²
|
$129,900
1 Bed
1 Bath
713 ft²
|
-
-
|
-
| |
|
10/11/2018
|
2 Bed
|
2 Bath
|
1564 ft²
|
$324,900
2 Bed
2 Bath
1564 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017