2217 N Capitol Ave, Indianapolis, IN 46208

5 beds2 baths2,453 sqft

Off Market
Zestimate®: $70,513
Rent Zestimate®: $769/mo
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This home is not currently listed for sale or rent on Zillow.

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

Edit
PROPERTY UNDER CONTRACT. I'm selling the paper to purchase this property and do not represent the seller.Nice houses across the street and down the road. It needs a full rehab. It's missing stairs to the second level. The back porch is covered by the porch roof so there is no access to the basement at this time.Roof needs some TLC, but the overall condition is unknown.RENT/yr: $14,400EXPENSES: $5,760NOI: $8,640HOUSE VALUE @ 13% CAP: $66,461HOUSE VALUE @ 10% CAP: $86,400*EXPENSES: 40% of Rent = Vacancies, Maintenance, Taxes, Insurance, Capital Exp. DOES NOT include Management (10%) or Finance Payments.

Facts

  • Lot: 4,095 sqft
  • Multi Family
  • Built in 1917
  • Heating: Forced air

    Features

    • Deck
    • Fireplace
    • Lawn
    • Patio

      Additional Features

      • Parking Type: On Street

      Construction

      • Roof type: Asphalt
      • Room count: 12
      • # Stories: 2.0
      • Unit count: 2

      Other

      • Floor size: 2,453 sqft
      • Last remodel year: 1964
      • Lot depth: 137
      • Lot width: 30
      • Parcel #: 490626172006000101
      • Zillow Home ID: 1096490

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $70,513
      -$4,884 Last 30 days
      $66K
      $77K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $769/mo
      -$20 Last 30 days
      $538
      $1.2K
      Zestimate range

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      Zillow predicts Indianapolis Metro home values will rise 3.1% next year.

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        Nearby Schools in Indianapolis

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