520 3rd Shannon 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 |
|---|---|---|---|
| Dec 8, 2023 | Sold | ||
| Sold | |||
| Nov 1, 2023 | Listed by Harvey-Given Company | $170,000 | |
| Listed by Harvey-Given Company | |||
| Aug 4, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | Listed by Covenant Realty, Inc. | $98,900 | |
| Listed by Covenant Realty, Inc. | |||
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Discover the hidden gem at 520 3rd Shannon St., Rome, GA. This older home with 2 bedrooms and 1 bath is livable but needs cosmetic upgrades. Perfect for investors or first-time home buyers seeking a project. AMAZING SCHOOLS! Model Elementary, middle and High school district. Unlock its potential and make it your dream home. Affordable and conveniently located. Don't miss out, schedule a viewing today at 520 3rd Shannon St. (Home inspection was just completed on May 12th, please request it and we will provide it to you.) This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. Home inspection was just completed on this home a week or so ago, please request it and we will provide it to you. House is not vacant and can only be accessed by calling Property Problem Solvers. Do not use showingtime, agent is unavailable (he is only transactional), Send offers and questions to PPS and give us a call. Check out the really good 3D Matterport virtual tour! It shows you everything!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017