705 Phillips 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 |
|---|---|---|---|
| Aug 1, 2025 | No longer available | - | |
| No longer available | |||
| Jul 1, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 9, 2025 | Price Decreased |
$229,000
↓ $6K
(2.5%) | |
| Price Decreased | |||
| Mar 6, 2025 | Listed by Coldwell Banker Apex, REALTORS Cleburne | $234,900 | |
| Listed by Coldwell Banker Apex, REALTORS Cleburne | |||
| | |||
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Charming 3 bed 2 bath home in Cleburne!
Step into this cozy home, offering laminate wood flooring throughout with ceramic tile in the kitchen and bathrooms. The kitchen offers granite countertops and an abundance of cabinets, perfect for lots of storage. This home offers a bonus room that could be used as a home office, second living area or even an exercise room. The master offers an ensuite bath with granite countertops and a tub shower combo. Two additional bedrooms also with access to a full bath. Step into the backyard and you will find a nice sized patio, perfect for entertainment, a new storage shed and a newly installed 6ft privacy fence with alley access. The backyard also has a large chicken coop to place your chickens. refrigerator to remain with the home!
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| Jun 27, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017