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Off-Market

986 North Dr

Noblesville, IN 46060, USA

List price

$195,000

4

beds

1.5

baths

2,030

sq ft

1951-01-01

built

Single Family

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Story

OFFERMARKET EXCLUSIVE

UPDATE:

  • A rental inspection was performed on April 19, 2021 -- VIEW REPORT
  • submit your offer using the 'Submit Offer' button at the top of the page

Overview

  • Turnkey rental property (buyer is ideally a rental investor)
  • Current rent: $1,335/month
  • Lease expiration: December 31, 2022
  • Professionally managed by Great Jones

Comps

  • 1600 Field Dr, Noblesville, IN 46060 (sold: $210,000, 2-9-2021, condition: 5/5)
  • 1230 Hamilton Dr, Noblesville, IN 46060 (sold: $180,000, 12-29-2020, condition: 4/5)

Seller Resources

Buyer Resources

Property details

19 details the seller has shared

19 details

Property

· The bones — what the buyer sees first

Bedrooms

4

Full baths

1

Half baths

1

Finished sq ft

2,030 sq ft

Above-grade sq ft

2,030 sq ft

Year built

1951

Stories

2

Units

1

Property type

Single Family

Occupancy

Rental Property

Condition (1–5)

4

Neighborhood

Noblesville

County

Hamilton County

Financials

· What it earns and what it costs to hold

ARV (after repair)

$220,000

Tax-assessed value

$137,200

Property tax rate

2%

Cap rate

5.5%

Cash-on-cash return

5%

Monthly cash flow

$180 /mo

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