1706 E 1St Avenue
About This Property
Seller offering a deal so act fast !!
Affordable, Insurable, Remodeled & ready for new owner! Great opportunity to snag a cute 3 bed/1.5 bath townhome off Hwy 90. NO HOA dues! All bedrooms, upstairs.
This townhome has been remodeled to include being freshly painted, updated kitchen with new granite and new stainless steel appliance's flooring, new fixtures, new bathroom vanities, newly painted shower, new hot water heater, private and fenced backyard and change in roof color! Out with the green, in with the black! Looking Sharp!
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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 |
|---|---|---|---|
| Oct 7, 2022 | Sold | ||
| Sold | |||
| Sep 2, 2022 | No longer available | - | |
| No longer available | |||
| Aug 30, 2022 | Price Decreased |
$214,900
↓ $10K
(4.5%) | |
| Price Decreased | |||
| Aug 29, 2022 | Price Decreased |
$224,900
↓ $11K
(4.7%) | |
| Price Decreased | |||
| Aug 28, 2022 | Listed by ERA American Real Estate | $235,900 | |
| Listed by ERA American Real Estate | |||
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Priced 10k Below the last townhome sold in same subdivision on 6/22 for $225,000Seller offering a deal so act fast !! Affordable, Insurable, Remodeled & ready for new owner! Great opportunity to snag a cute 3 bed/1.5 bath townhome off Hwy 90. NO HOA dues! All bedrooms, upstairs. This townhome has been remodeled to include being freshly painted, updated kitchen with new granite and new stainless steel appliance's flooring, new fixtures, new bathroom vanities, newly painted shower, new hot water heater, private and fenced backyard and change in roof color! Out with the green, in with the black! Looking Sharp! The manager has listed the unit size as 1273 square feet.
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About Chimera Estates
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Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 906891
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017