684 Cayuga Avenue, Ypsilanti 48197

$69,000

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MLS#: 3238185
• For Sale
 • 1 Units • 1,412 SqFt

This property has been Sold!

06/01/2016 at $65,000

Portrait of Rick Mangan
Listed by Rick Mangan

(734) 646-4620

Saline - Reinhart Realtors

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248-208-3883

1 of 3 rental homes being sold as a package for a total price of $183,000. The other addresses are: 570 Calder and 633 Onandaga. All are within 2-3 blocks of each other.684 Cayuga rents for $1100, 570 Calder /$800 & 633 Onandaga/$1100. Cap rate (10.3%) is NOI divided by list price and does not include a factor for depreciation. Miscellaneous expense is a half month vacancy factor. Sewer line replaced.2 Car detached garage. Other properties can be made available. Lease is a month to month at this point.Cap rate for all 3 properties is 10%.

Property Information    

Status
Sold 
Address
684 Cayuga Avenue 
City
Ypsilanti 
Zip
48197 
Year Built
1962 
Listing Date
03/07/2016 
County
Washtenaw 
Above Grade SqFt
1,412 

School Information

School District
Ypsilanti 

Taxes

Taxes
$1,711 
Summer Taxes
$1,184 
Winter Taxes
$527 

Rooms and Land

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Listing Broker

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Listing Courtesy of Reinhart Realtors
Office Address 1020 E. Michigan Avenue