300 Blount Street
About This Property
University! This charming 3-bedroom, 2-bathroom home spans 1,080 square feet and is
situated on a spacious .19-acre lot. As you approach, you'll appreciate the convenience
of the carport, as the property boasts a welcoming atmosphere with a back fence
offering both privacy and security.
The residence is framed by the shade of several majestic oak trees, creating a tranquil
and picturesque setting. Whether you're envisioning a college rental or a strategic
addition to your investment portfolio, this property's location near the University makes it
a promising prospect. Don't miss this chance to acquire a property with great potential in
an excellent location. Seize the opportunity to make this property your next successful
investment venture!
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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 |
|---|---|---|---|
| Jan 31, 2024 | Sold | ||
| Sold | |||
| Dec 29, 2023 | No longer available | - | |
| No longer available | |||
| Dec 29, 2023 | In contract | - | |
| In contract | |||
| Dec 22, 2023 | Listed by Real Broker, LLC | $195,000 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017