701 N 59th Street
About This Property
You'll appreciate the manicured lawn and tidy curb appeal that set the tone for this well-kept home. Inside, you'll find a comfortable floor plan with plenty of natural light and functional living spaces. The HVAC system and water heater have been updated in recent years, offering peace of mind for years to come.
Whether you're a first-time buyer, looking to downsize, or seeking a turn-key investment, this home checks all the boxes. With its solid condition and established location, it would make an excellent low-maintenance rental property or a warm, welcoming place to call home.
Come see why 701 N 59th St is such a smart and versatile opportunity in the heart of Waco! Home is being sold as is.
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Cap Rate Calculator
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 19, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2025 | In contract | - | |
| In contract | |||
| Nov 27, 2025 | Price Decreased |
$160,000
↓ $10K
(5.9%) | |
| Price Decreased | |||
| Nov 12, 2025 | Listed by Bramlett Partners | $170,000 | |
| Listed by Bramlett Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017