616 Jonathan Street
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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%.
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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 25, 2021 | Sold | ||
| Sold | |||
| Jun 7, 2021 | Listed by eXp Realty, LLC | $109,990 | |
| Listed by eXp Realty, LLC | |||
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Conveniently located in Downtown Athens UPDATED with a new roof, new flooring and countertops, new bathroom and new cooktop oven. This 3 bedroom, 1 bathroom home has an open floor plan from the kitchen to the living room with decorative lighting and an adorable brand new front porch. The home has been freshly painted inside and out. New window installation in process and will be completed prior to closing.
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| Mar 26, 2021 | Sold | ||
| Sold | |||
| Jan 8, 2021 | Listed by Ebby Halliday, REALTORS | $55,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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Downtown Athens, investment property with 3 bedrooms and 1 bath-with rehab this could make a great income property with cute front porch curb appeal, farmhouse style architecture and close to historic attractions, TVCC College, Shopping & Dining. Nearby local attractions include the East Texas Arboretum with walking trails, Cain Center with outdoor soccer and baseball parks, Cedar Creek Lake and Purtis Creek State Park. Athens is located 37 miles from Tyler, 72 miles from Downtown Dallas and I-45 , Corsicana 37 miles. Bring your imagination and start investing in East Texas. Owner has additional rental homes for sale, for more information please request.
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About Athens
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14595131
Details provided by NTREIS and may not match the public record
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