916 N 31st Street
About This Property
Inside, warm wood-plank ceilings, exposed beams, crisp white shiplap walls, and updated flooring give the home a distinctive look and feel. The inviting living room centers around a wood-burning fireplace with a wood-accent surround, while a charming arched opening connects the living and dining spaces.
The renovated kitchen blends clean finishes with natural warmth, featuring white cabinetry, solid-surface countertops, open wood shelving, a butcher-block-topped peninsula, gas range with custom vent hood, and updated appliances. The refreshed bathroom offers a double-sink vanity, tub and shower combination, black fixtures, and classic black-and-white tile.
Improvements include a newer roof, updated windows, mini-split heating and cooling, tankless electric water heater, and refreshed landscaping. Outdoors, enjoy a fenced yard, welcoming front porch, extended back porch, and a creek along the rear of the property with no immediate neighbor directly behind.
Charming, updated, and anything but cookie-cutter, this thoughtfully renovated Waco home delivers standout style and functionality in a manageable footprint. Come see it for yourself!
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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 |
|---|---|---|---|
| Oct 29, 2026 | Price Decreased |
$181,500
↓ $8K
(4.4%) | |
| Price Decreased | |||
| Oct 4, 2026 | Price Decreased |
$189,900
↓ $3K
(1.6%) | |
| Price Decreased | |||
| Sep 9, 2026 | Price Decreased |
$192,900
↓ $3K
(1.5%) | |
| Price Decreased | |||
| Aug 21, 2026 | Listed by Graceland Real Estate | $195,900 | |
| Listed by Graceland Real Estate | |||
| Jun 10, 2026 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017