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422 E Adams St Marengo, IA 52301
  • 3 Beds
  • 3 Baths
  • 2,333 Sq. Ft
  • Built In 1870
Active
$229,500
Est. Rent

$738 /mo

Financial Performance

Gross Yield

3.86%

based on an annual rent of $8,856.00 divided by the offer price of $229,500.00.

Net Yield

1.67%

based on a yearly adjusted income of $8,856.00 minus the total annual expense of $5,032.98 divided by the offer price of $229,500.00.

Cash Flow

$3,823

based on a yearly adjusted income of $8,856.00 minus the total annual expense of $5,032.98 and yearly mortgage expense.

Home Details

Take a look at this gorgeous Victorian home, that has been lovingly restored to its former beauty. With over 2300 square feet of living space, this would be a great place to entertain and call home. Resting on a large corner lot, this property features a 24x50 garage w/ the back half heated and insulated, and a fenced yard that has been beautifully landscaped w/ hostas, perennials, fruit trees, as well as mature shade trees. But step inside and this home truly shines featuring a modern kitchen w/ cherry cabinets and granite counter tops, a wonderful sun room just off the kitchen, a formal dining room, spacious living room w/ fireplace, hardwood floors, an open staircase, 3 bedrooms, 3 full bathrooms, and main floor laundry. This one of a kind home is not one to miss. Call to line up a private showing today
Features

  • listed date Listed Date: January 11, 2017
  • year built Year built: 1870
  • square footage SqFt: 2,333
  • price per square foot Price/SqFt: $98
  • bedrooms Bed: 3
  • bathrooms Bath: 3
  • property type Type:   Single Family
  • county County: Iowa
  • Listing ID: 1611672
422 E Adams St Marengo, IA 52301
  • 3 Beds
  • 3 Baths
  • 2,333 Sq. Ft
  • Built In 1870
Active
$229,500
Est. Rent

$738 /mo

Gross Yield

3.86%

based on an annual rent of $8,856.00 divided by the offer price of $229,500.00.

Net Yield

1.67%

based on a yearly adjusted income of $8,856.00 minus the total annual expense of $5,032.98 divided by the offer price of $229,500.00.

Cash Flow

$3,823

based on a yearly adjusted income of $8,856.00 minus the total annual expense of $5,032.98 and yearly mortgage expense.

Home Details

Take a look at this gorgeous Victorian home, that has been lovingly restored to its former beauty. With over 2300 square feet of living space, this would be a great place to entertain and call home. Resting on a large corner lot, this property features a 24x50 garage w/ the back half heated and insulated, and a fenced yard that has been beautifully landscaped w/ hostas, perennials, fruit trees, as well as mature shade trees. But step inside and this home truly shines featuring a modern kitchen w/ cherry cabinets and granite counter tops, a wonderful sun room just off the kitchen, a formal dining room, spacious living room w/ fireplace, hardwood floors, an open staircase, 3 bedrooms, 3 full bathrooms, and main floor laundry. This one of a kind home is not one to miss. Call to line up a private showing today
Features

  • listed date Listed Date: January 11, 2017
  • property type Type:   Single Family
  • year built Year built: 1870
  • square footage SqFt: 2,333
  • price per square foot Price/SqFt: $98
  • bedrooms Bed: 3
  • bathrooms Bath: 3
  • county County: Iowa
  • Listing ID: 1611672

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