20
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817 Mable Avenue
About This Property
The kitchen offers stainless steel appliances, new cabinetry, a pot filler, and a functional layout designed for everyday living. Washer and dryer convey. Both bathrooms are fully updated with modern finishes, creating a clean, refreshed feel.
Additional highlights include smart home features, generous closet space, and a dedicated laundry area with sink.
Enjoy outdoor living with a newly built deck/patio, perfect for relaxing or entertaining. The corner lot adds curb appeal and space, while the barn-style exterior provides unique character.
Conveniently located near downtown Kannapolis with easy access to shopping, dining, and I-85 for commuting to Concord and Charlotte.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 23, 2026 | Sold | ||
| Sold | |||
| May 26, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Price Decreased |
$254,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Apr 13, 2026 | Listed by Monarch Group Realty | $259,900 | |
| Listed by Monarch Group Realty | |||
| Apr 9, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017