403 City
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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 22, 2021 | Sold | ||
| Sold | |||
| Sep 25, 2021 | Listed by Keller Williams Ann Arbor | $209,900 | |
| Listed by Keller Williams Ann Arbor | |||
| | |||
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Large move-in-ready older 2 story home in the Village of Manchester. Three Bedrooms, two full baths, main floor laundry. Several improvements, along with new S.S. Appliances, Washer & Dryer. Enclosed large front porch along with a large deck off upper level. Over 1900 Sq Ft. would allow a 4th bedroom if needed. Plenty of room along with privacy to allow for that Work From Home space. Large Michigan style basement with cement floor, plenty of storage space. Good size corner lot plus close to all Manchester has to offer.
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| Sep 25, 2019 | Sold | ||
| Sold | |||
| Aug 24, 2019 | No longer available | - | |
| No longer available | |||
| Aug 17, 2019 | Price Decreased |
$131,000
↓ $10K
(7.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017