705 Clinton 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| Dec 29, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Nov 16, 2024 | Listed by Austin Area Homes | $455,000 | |
| Listed by Austin Area Homes | |||
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Physical Property Description:
Own a piece of Brenham History. This home sits on the original German Lutheran Church grounds, with the front steps and concrete footing from the original construction. Featuring 6 bedrooms (3 bedrooms & 3 baths down/3 bedrooms & 2 baths up), 5 full baths,2 laundry areas, 2 sleeping porches, large cellar, carport, and more, situated on .36 acres. This lovely home is walking distance to downtown. Formerly a Bed and Breakfast, and a multi-generational home, the opportunities are endless with this property. Don’t miss out on this gem! Recent updates include HVAC 2024, water heater 2024, gas wall heater 2024, double head mini split 2024, roof tuneup 2024, 2” faux blinds, toilets,kitchen disposal and faucet 2024, 2nd panel box and power to carport and back yard 2024, and more.
| |||
| Oct 29, 2024 | Price Decreased |
$455,000
↓ $20K
(4.2%) | |
| Price Decreased | |||
| Oct 7, 2024 | Price Decreased |
$475,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Oct 2, 2024 | Price Decreased |
$495,000
↓ $4K
(0.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017