317 Koch Avenue
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| May 5, 2023 | Sold | ||
| Sold | |||
| Apr 10, 2023 | No longer available | - | |
| No longer available | |||
| Apr 9, 2023 | Listed by Brookstone, REALTORS | $785,000 | |
| Listed by Brookstone, REALTORS | |||
| | |||
|
Location, charm, and timeless beauty! Check out this custom renovated bungalow that has it all. Located within a 4-5 block walk to the downtown area and all that it has to offer. Wolverine fan? Koch is an easy 10-minute walk to the stadium to watch a game. This 1920 home was masterfully renovated and expanded by one of the areas top builders in 2014 to perfectly align with today's lifestyle with the charm and style of yesteryear. With only 2 owners for 90+ years, this historical gem will provide many years of happiness for the next lucky resident. This lovely 2000 sq. ft. classic has 4 BR, 2 baths, 2 car attached garage (a rarity for this area!), newer (2014) roof, mechanicals, kitchen and baths, mudroom, luxurious master suite with double vanity bathroom and walk-in closet. Fourth bedroom bedroom could also be used as a playroom or office. As a bonus you'll love the gorgeous original features including a kitchen buffet, stunning refinished wood floors, oak trim and doors, a wood burning fireplace and covered front porch. Relax and entertain in the amazing Fenced/Private paver courtyard in the rear of the home as well. 100% MOVE-IN CONDITION! You won't find a finer home on A2's Westside!, Primary Bath
| |||
| Mar 11, 2023 | Price Decreased |
$799,900
↓ $25K
(3%) | |
| Price Decreased | |||
| Oct 25, 2022 | No longer available | - | |
| No longer available | |||
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About Central Ann Arbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017