3440 MESSINA WAY #LOT56
About This Property
At Siena Place, we're creating a community of homes with features designed to bring you the best of neighborhood living. Our new community features plenty of both outdoor and indoor living spaces. All homes, for instance, have one or two car garages and the community boasts plenty of additional on-street parking. Family and friends will have room to mingle and play in the abundant green space found within the neighborhood. And, once inside your home, you'll find ample room to spread out and relax. . Siena Place takes refined city living to an exciting new level. Offering a sophisticated lifestyle in a highly desirable and uniquely convenient location, Siena Place One of Philadelphia's most desirable neighborhoods. Walking distance to all the city's sports and entertainment venues.
Ask about our 10 year Tax Abatement, ****Pictures are of interiors of similar Francesca's homes in the community. Sales Office Open by appointment only Monday, Thursday-Saturday 11am-5pm Sunday 12pm-5pm
Sales Office Closed on Tuesdays and Wednesdays
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 11, 2024 | In contract | - | |
In contract | |||
Jan 7, 2024 | Relisted | $669,900 | |
Relisted | |||
Jan 4, 2024 | No longer available | - | |
No longer available | |||
Jan 2, 2023 | Listed by DePaul Realty | $669,900 | |
Listed by DePaul Realty |
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Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
About South Philadelphia
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