306 E Ida 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 |
|---|---|---|---|
| Nov 26, 2024 | No longer available | - | |
| No longer available | |||
| Nov 25, 2024 | Listed by 1st Texas Realty Services | $45,314 | |
| Listed by 1st Texas Realty Services | |||
| Sep 10, 2024 | Price Decreased |
$45,314
↓ $2K
(5%) | |
| Price Decreased | |||
| Aug 29, 2024 | Price Increased |
$47,699
↑ $8K
(19.3%) | |
| Price Increased | |||
| Jun 21, 2022 | Listed by SWE Homes | $39,999 | |
| Listed by SWE Homes | |||
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Exciting investment alert! 306 E Ida Ave is a two bedrooms, one bathroom home with an attached carport, offering ample yard space for potential enhancements. Inside, you'll find a welcoming living area, a kitchen with plenty of cabinet space, cozy rooms, and a mix of tile and wood flooring in select areas. Renovations are needed to unlock this home's full potential, but it can be quickly be transformed into your home-sweet-home. This property is conveniently located with easy access to HWY 25 and HWY 287, and it is just minutes away from Wichita Falls. Don't miss out on this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017