205 E MAIN
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 |
|---|---|---|---|
| Aug 21, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | Listed by PRODUCTION REALTY | $160,000 | |
| Listed by PRODUCTION REALTY | |||
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Welcome to 205 E Main St, a delightful 2-story home nestled in the heart of Spring Arbor. This charming residence boasts 2 bedrooms, 2 full bathrooms, spacious living and dining areas, and an abundance of character. The kitchen shines with its bright white cabinets, accompanied by a wall oven and built-in microwave. Embrace a low-maintenance lifestyle with the added benefits of the upstairs bathroom conveniently housing the washer and dryer, ensuring laundry days are a breeze. Plus, in 2018 the furnace, well pump and water heater were all replaced! You'll also appreciate the fenced-in backyard, while still having an additional 1/4 acre left unfenced. A quality 2 car garage is the cherry on top. Make your next move to 205 E. Main Street and experience the joys of this welcoming home!
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| Aug 9, 2022 | No longer available | - | |
| No longer available | |||
| Jul 7, 2022 | Price Decreased |
$155,900
↓ $4K
(2.5%) | |
| Price Decreased | |||
| May 26, 2022 | Listed by EXP Realty | $159,900 | |
| Listed by EXP Realty | |||
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This is a must see HOME in Spring Arbor, Michigan, walking distance to the college. This two story, two bedroom, and two bath home comes complete with 2nd story laundry. Fenced in back yard perfect for out door entertaining. Unattached two car garage great storage. The manager has listed the unit size as 2145 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017