2202 Avenue E
About This Property
Both bedrooms feature original hardwood flooring, adding character and warmth to the home. The full bathroom includes a tub. The spacious utility room provides plenty of room for laundry and a freezer.
Outside, the fenced and cross-fenced backyard provides flexibility for pets, recreation, gardening, or other uses. A double gate at the back offers convenient vehicle access.
Located close to downtown Brownwood, Howard Payne University, shopping, dining, and other local amenities, this property presents an excellent opportunity for a homeowner, investor, or anyone looking for an affordable home in a convenient location. Lots of possibilities at an attractive price!
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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 |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Sep 2, 2026 | In contract | - | |
| In contract | |||
| Aug 30, 2026 | Listed by Ann Jones Real Estate | $75,000 | |
| Listed by Ann Jones Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017