500 Commonwealth 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 |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Feb 3, 2024 | Listed by RE/MAX MID-MICHIGAN R.E. | $164,900 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
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CAPTIVATING & CONVENIENT ON COMMONWEALTH! Location, location, location! This move-in ready home is centrally located in Northern Jackson County, less than 2 miles from Northwest Elementary w/quick access to I-94 & US-127 plus every convenience you can imagine from town right at your fingertips! Beautifully updated 2BDRM ranch featuring 1.5 bathrooms-BOTH BRAND NEW-finished basement & fully fenced backyard! BRAND NEW CARPET, energy efficient improvements to put your mind at ease including newer roof (appx 5 yr) & vinyl replacement windows. 100 AMP. Appliance package including brand new dryer. Oversized garage, concrete floors leading all the way to the street, vinyl siding & ample storage space! Enjoy the outdoors & the perfect BBQ spot under the covered patio. Spacious corner setting!
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| Dec 20, 2021 | Sold | ||
| Sold | |||
| Nov 4, 2021 | Listed by RE/MAX MID-MICHIGAN R.E. | $115,000 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
| Jun 8, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017