237 Union Street
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 14, 2018 | No longer available | - | |
| No longer available | |||
| Aug 3, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $799,900 | |
| Listed | |||
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Adorable historic Victorian home nestled in the "Sweet Spot" of downtown Santa Cruz just across from Green Street. This is a picturesque downtown neighborhood of beautiful homes and restored Victorians. You will enjoy walking and biking everywhere while leaving the car behind. Downtown is very fun! The location also offers excellent access to the Westside and Highway 17. The home has been thoughtfully detailed, including a brand new kitchen. There are soaring ceilings, an off-kitchen dining room, and an inviting front deck. In addition to the two bedrooms, there is an office off the kitchen. A back deck is just off the office. It appears from conversations with the City of Santa Cruz the office could be improved and expanded. There is a very large sub area below the footprint of the home which house the laundry and is also an abundant storage area. Also there is alley access for off-street parking. The manager has listed the unit size as 936 square feet.
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| May 17, 2018 | Listed by Bailey Properties | $769,000 | |
| Listed by Bailey Properties | |||
| Jan 26, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017