708 Marengo 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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Jul 22, 2024 | Listed by Webb Kirkpatrick Real Estate, Inc | $225,000 | |
| Listed by Webb Kirkpatrick Real Estate, Inc | |||
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Sep 18, 2023 | Listed by LPT Realty LLC | $159,999 | |
| Listed by LPT Realty LLC | |||
| | |||
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INVESTORS WELCOME! This home is perfect for someone looking for their next project or for an investor looking for their next investment opportunity! This cozy little home is located in the heart of Cleburne, close to schools and downtown. 2 bed 1 bath home, with a large fenced in yard perfect for entertaining with lots of outdoor space. This house will make a great forever home or perfect little rental. House is vacant. Square footage will need to be verified. BEING SOLD AS-IS, WHERE-IS. SELLER WILL DO NO REPAIRS. BUYER TO VERIFY ALL SQUARE FOOTAGE, SCHOOLS AND ALL OTHER INFORMATION, HERE IN.
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Property Highlights
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About College Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017