208 W Vaughan ST
About This Property
On the neighboring block you will find The Globe Theatre, which hosts (among other things) live musical performances by many artists including: Flatland Calvary, Reckless Kelly, Robert Earl Keen, Charlie Robison, Dale Watson and Jack Ingram. Also within walking distance you will find a large park and community pool, restaurants like The Standard on Vaughan and Bertram Seafood, Steak & Grill, the local library, post office, more than one coffee shop and much more! Downtown Bertram is home to festivals such as the Annual Oatmeal Festival which hosts a parade you can enjoy from your front porch.
Also zoned commercially, this property would make a great office space, VRBO/Air BnB, cafe, or even a boutique shop! The possibilities are endless with this beautiful home in up-and-coming Bertram.
This home has a reverse osmosis system and new commercial sized water heater, and a leased water softener. Restaurant gas lines run through the garage and could be reconnected via Atmos. Restaurant vent hood available. Plumbing in place to complete the second bathroom- currently used as closet space.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 2, 2024 | In contract | - | |
| In contract | |||
| Mar 26, 2024 | Price Decreased |
$324,999
↓ $1
(0%) | |
| Price Decreased | |||
| Mar 26, 2024 | Relisted | $325,000 | |
| Relisted | |||
| Mar 21, 2024 | In contract | - | |
| In contract | |||
| Mar 11, 2024 | Delisted | - | |
| Delisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017