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1233 Peach Street
About This Property
This fully furnished 2 bed, 1 bath single-family home offers a turnkey setup near McMurry University with everyday Abilene conveniences close by. Located at 1233 Peach St in Abilene, this 1926 home includes practical features such as an eat-in kitchen, built-ins, decorative lighting, and laminate flooring. The kitchen is equipped with an electric range, microwave, refrigerator, dishwasher, disposal, oven, and washer, dryer in the utility room for added convenience. Outdoor features include a covered front porch, fenced yard, few trees, and a storage shed for extra space. The location is about 0.8 mi to McMurry University, 1.2 mi to HEB Shopping Center, 5.3 mi to Abilene Regional Airport, and 7.6 mi to Dyess Air Force Base.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017