705 Austin 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 24, 2026 | Listed by HODGE & KITTRELL SOTHEBYS INTE | $635,000 | |
| Listed by HODGE & KITTRELL SOTHEBYS INTE | |||
| Jun 4, 2020 | Sold | ||
| Sold | |||
| May 1, 2020 | Listed by HODGE & KITTRELL SOTHEBYS INTE | $330,000 | |
| Listed by HODGE & KITTRELL SOTHEBYS INTE | |||
| Oct 10, 2017 | Sold | ||
| Sold | |||
| Aug 3, 2017 | Listed by Northside Realty Inc. | $289,900 | |
| Listed by Northside Realty Inc. | |||
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GORGEOUS with a bright floor plan and upgrades galore in the Heart of Cary! Features a custom designer kitchen with granite, tile back splash & Stainless Steel appliances including gas range. Beautiful refinished hardwood floors. New designer exterior and interior paint. Large, flat fenced private yard with separate storage shed. Convenient to Downtown Cary and Hwy 40. No HOA dues. Move in and enjoy!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017