314 Austin 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 |
|---|---|---|---|
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Dec 28, 2020 | Listed by Coldwell Banker Apex, REALTORS | $189,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Highly sought after location near downtown Forney! Charming 1938 home on large corner lot! The covered front porch welcomes you home to this cottage bungalow! Beautiful hardwood flooring! The family room has lots of windows and a fireplace! The dining room is a good room for entertainment. Breakfast room has built-in cabinetry with glass accented doors and leads directly into the kitchen. There are 3 bedrooms, all with good closets! The hall bath has built-in linen space. The master bedroom area has an en suite bath! There is another multi-purpose room near the back of the home and a good sized utility room! Home is in need of work, so bring your ideas and make it your own! Walk to all downtown dining!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017