289 Cable 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 |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Keller Williams Realty WNY | $115,000 | |
| Listed by Keller Williams Realty WNY | |||
| | |||
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Welcome to 289 Cable St, located in the heart of Buffalo's Kaisertown neighborhood. This is the perfect property to owner-occupy or add to your investment portfolio. The first-floor living space has a functional, open floor plan that includes a utility room with washer and dryer hook-ups. The walk-up attic is framed and insulated with a heat source, offering the potential to expand the current living space. With its convenient location, you'll enjoy easy access to all the amenities this vibrant community has to offer. Don't miss out on this opportunity to make this house your own.
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| Mar 5, 2021 | Sold | ||
| Sold | |||
| Apr 9, 2018 | Sold | ||
| Sold | |||
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About South Buffalo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017