515 Manley 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 |
|---|---|---|---|
| Aug 16, 2022 | Sold | ||
| Sold | |||
| Jun 28, 2022 | Listed by Fultz Realty, LLC | $195,000 | |
| Listed by Fultz Realty, LLC | |||
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1950s home in a sweet neighborhood just walking distance to downtown, historical Navasota with shopping, dining, music, art and more. This 3 bedroom, two-story home is every flipper's dream, at almost 3,000 sf, this home has ample space for numerous remodeling ideas to not only create a home, but also a bed & breakfast or Airbnb. Fortunately, there is still some of the historical charm to salvage such as the original hardwood floors, glass doors and knobs, and located in the original living space, the unique built-ins and fireplace still have center attention. Off of the foyer is a formal dining area that leads into the kitchen space. Also, added on for more space in the home is an additional, large living space with more built-ins and a second fireplace. On a nice day, enjoy the bricked-floor sunroom with many windows to let in the natural light. Upstairs is where the three bedrooms are located, all with the original, wood floors and large windows. This home is being sold as-is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017