2501 Mitchell Avenue
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 |
|---|---|---|---|
| Sep 13, 2021 | Sold | ||
| Sold | |||
| Jul 21, 2021 | Listed by Kelly, Realtors | $179,000 | |
| Listed by Kelly, Realtors | |||
| Feb 13, 2021 | No longer available | - | |
| No longer available | |||
| Oct 31, 2020 | Price Decreased |
$99,900
↓ $5K
(4.9%) | |
| Price Decreased | |||
| Sep 27, 2020 | Listed | $105,000 | |
| Listed | |||
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This is an adorable cottage in Waco just waiting for you. Abundant charm as you enter and see hardwood floor and plenty of windows letting in the natural light. Just look at that beautiful built in corner china hutch. And then there is that perfect breakfast nook with it's built in benches and table with the updated light fixture. The happy kitchen has an abundance of cabinets with updated counter tops and lighting. The two bedrooms are both spacious and one of them has a great nook to work into an office space or just a hang out space. The bathroom has an updated counter, mirror and lighting. A large laudry room off of the kitchen has additional cabinets for more storage! Outside is a pretty yard with tall trees and a parking area. Centrally located, you can be anywhere in the Waco area quickly! The manager has listed the unit size as 1192 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017