109 S 23rd Street
About This Property
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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%.
How much can I actually make?
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 |
|---|---|---|---|
| Feb 26, 2024 | No longer available | - | |
| No longer available | |||
| Feb 23, 2024 | Listed by Ashby Real Estate Group | $179,000 | |
| Listed by Ashby Real Estate Group | |||
| | |||
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New price of $179,000. New Roof, New Central Heat/AC, Excellent Move in Condition. Lg. dining table w/ 8 chairs convey. 2 Liv. areas. This home has 3 Bedrooms, 1 Bathroom ( w/ double sink vanity ). Master bedroom has beautiful bay windows. This home is nestled near downtown Temple. Wow! Factor as you walk into this gently lived in home. Very nice entry as you walk in the brighten living room with natural light. Enjoy the wall mail slot that was once a staple and image of a friendly neighborhood, shaded sidewalks on both sides of street allow for evening/morning walks. Easy access to a paved alleyway. Large dining/family room as you pass the living room. Across from dining area is the completely updated kitchen. All appliances will convey include all new stainless steel Whirlpool Ref./Frigidaire Range/ DW/ MW. Kitchen also has a Lazy Susan corner cabinet. New 3" faux wood blinds throughout the house. This home has been completely remodeled and has a lot of features that you'd look for in a new home. Some notable upgrades include laminate wide plank flooring, granite counter tops, modern light fixtures, subway tile backsplash in the kitchen, and a new outdoor deck. The location is ideal. As it is close to retail shopping, walk to local H.E.B. grocery store and Temple High School. It is less than 5 min. from Interstate-35.
Also, a 50'x140' lot next door is available for $ 40,000. Zoned SF1 and multi-family. Great investment. Don't miss out on this great opportunity. City Permits pulled for all work completed by owner. Please ask your friendly Realtor for our list of amenities that we have available for you. The manager has listed the unit size as 1495 square feet.
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| Dec 14, 2023 | No longer available | - | |
| No longer available | |||
| Nov 19, 2023 | Price Decreased |
$175,000
↓ $14K
(7.4%) | |
| Price Decreased | |||
| Oct 20, 2023 | Price Increased |
$189,000
↑ $4K
(2.2%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017