722 Hiawatha Drive
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 |
|---|---|---|---|
| Oct 7, 2021 | Sold | ||
| Sold | |||
| Sep 13, 2021 | Listed by Berg Properties | $155,000 | |
| Listed by Berg Properties | |||
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3 bedroom, 1 bathroom ranch with 926 sq. feet of living space located in Ottawa's desirable south side, Ottawa school system. Living room has new hardwood flooring, ceiling fan with light, and wood blinds. Kitchen boasts new hardwood flooring, newer oak cabinets and counter tops, stainless steel appliances, ceiling fan with light, and wood blinds. Laundry room has ceramic flooring, plenty of cabinet and counter space with a sink with access to large vinyl fenced yard. Master bedroom has carpeting, ceiling fan with light, wood blinds, and plenty of closet space. Bedroom #2 has carpeting, a ceiling fan with light, wood blinds, and a closet. Bedroom #3 has carpeting, a ceiling fan with light, wood blinds, and a closet. Bathroom has ceramic flooring, updated vanity, fan, wood blinds, and shower/tub combo. Hallway has a large linen closet and coat closet both with hardwood flooring. 2.5 heated car garage with plenty of space for storage. Interior of home is freshly painted, new water heater, professionally serviced furnace and central air conditioning, and a newer water treatment system. Exterior is professionally landscaped with new concrete sidewalks, new vinyl privacy fence, newer roof, and gutters with leaf guards.
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| Nov 21, 2017 | Sold | ||
| Sold | |||
| Jul 10, 2017 | Listed by RE/MAX 1st Choice | $89,900 | |
| Listed by RE/MAX 1st Choice | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017