303 Avery 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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Nov 3, 2024 | Price Decreased |
$285,000
↓ $15K
(5%) | |
| Price Decreased | |||
| Sep 28, 2024 | Price Decreased |
$300,000
↓ $25K
(7.7%) | |
| Price Decreased | |||
| Aug 25, 2024 | Listed by EXP Realty LLC | $325,000 | |
| Listed by EXP Realty LLC | |||
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Newly remodeled Charming Ranch home just outside downtown Garner and just 10 mins to downtown Raleigh. Exterior features wide driveway for easy parking, Covered front porch with swing, Fenced Backyard, Two Storage Sheds, Deck features sliding gate, stylish wood and wrought iron, and low maintenance composite decking, and new roof installed 2023. Interior features refinished wood floors, new paint, and updated fixtures throughout. Large Family Room features lots of natural light, ceiling fan, light sconces, and Stained Wood Built-in Bookshelves. Beautifully remodeled Kitchen features island with Double side Breakfast Bar, and Storage, Dramatic Granite counters, Under Cabinet Lighting, Glass Subway Tile Backsplash, 36'' Maple wood cabinets, Tile floors, Stainless appliances including Refrigerator, and Laundry/Pantry storage. Kitchen opens to Dining/Living Room combination with new Wood floors looking out on shady backyard. Spacious bedrooms each with closet storage. Upgraded bathroom features New Vanity, Wood medicine cabinet/mirror, Tile floors, and Tile bath/shower with Decorative Tile accents. One block from Avery St Park and Rec and North Garner MS and just a few mins to Downtown Garner, Garner Rd Park, and White Oak Shopping Center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017