$889,900
Residential · MLS® A22845632Bedrooms
2Bathrooms
1,336.11Sq Ft
2Garage
1929Year Built
02 / Overview
PROPERTY OVERVIEW
Set on one of Crescent Heights’ most coveted park-front parcels, this expansive 50 x 120 foot lot presents an exceptional redevelopment opportunity with rare, unobstructed views over Crescent Park and toward downtown, views that would be truly spectacular from an elevated build. Opportunities like this are incredibly scarce, as very few properties directly back onto green space in this community. The oversized lot offers outstanding flexibility for a luxury single residence or a thoughtfully designed attached home, all while capitalizing...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,336.11 sq ft
Lot Size5,995 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorNone
BasementFull
Year Built1929
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$1,506After mortgage & expenses
Cap Rate2.4%Based on market rents
Cash on Cash Return-10.2%With 20% down payment
Est. Monthly Rent$2,438Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
CRESCENT HEIGHTS
Moderate InvestmentLoading map...
Investment Score69/100
Avg Home Price$538K
Active Listings35
Listed by Tisha McKenna · Keller Williams BOLD Realty