228 Cedar Place Row Nashville, TN 37221

3 beds · 2 baths · 2,233 sq ft · Lot Size: 1,799 sq ft · Residential Condominium
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228 Cedar Place Row is in the 37221 neighborhood of Nashville, TN. It is located in Davidson County and ZIP code 37221. This Residential Condominium was built in 2017 and is approximately 8 years old. The residential condominium spans 2233 sq ft with 3 bedrooms and 2 bathrooms and sits on a 1799 sq ft lot. According to public records, it was last sold in 2016 for $312,865. Analyze and compare real estate investment strategies for properties like this home at 228 Cedar Place Row Nashville, TN 37221 with Property Intel by Whitepages.

Investment Potential for 228 Cedar Place Row

The property has a current estimated value of $452,113, which is 31% above the zip median, based on public records. It last sold on December 05, 2016 for $313K. Projected long-term
is $35,400 annually ($2,950 per month) with a 94% occupancy rate.

Long-Term

Gross Rental
$35,400 per year($2,950 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 37221 zip code
 
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Owners & Occupancy for 228 Cedar Place Row

This property is owned by Allison E Norlander. Owner contact information includes 1 phone number and 1 email address.

Property Owners

Residence****************
Distance from Property**********
Email Address*********@yahoo.com
Cell Phone(615) ***-****
Residence*************
Distance from Property**********
Email Address**************@gmail.com

Property Ownership Information

Purchase DateDecember 05, 2016
Property Tax Amount$2,468 in 2023
Purchase Price$312,865

Occupancy

Current Occupancy******View Occupancy

Property Details for 228 Cedar Place Row

Property Details

Property Sq Ft

Living Area

2,233 sq ft

Compare to 37221

Lot Size

1,799 sq ft

Compare to 37221

Price Per Sq Ft

Living Area

$202 / sq ft

Compare to 37221

Lot Size Area

$251 / sq ft

Compare to 37221
Property condition, age, exterior, etc. for 228 Cedar …
Longitude: -86.932464 Latitude: 36.102594 Parcel Number (APN): 114-15-0A-014.00-C…
Mortgage originated on through lender: Pinnacle Bk for$*****View Mortgage Details
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Market Benchmarks

Compare data for 228 Cedar Place Row in Davidson County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$452,113
$403,849
$48,264 (12%)
$642,856
$107,788 (17%)
YoY Price Change
-0.46%
449%
Year Built
2017
2007
10 years
Living Space
2,233 sq ft
1,764 sq ft
469 (27%)
$ Per Living Sq Ft
$202
$228
-$25 (-11%)
Lot Size
1,799 sq ft
1,129 sq ft
670 (59%)
$ Per Lot Sq Ft
$251
$371
-$120 (-32%)

Net Operating Income
$20,050
$4,858 (24%)
Annual Revenue
$35,400
$28,200
$7,200 (26%)
$8,172
$2,321 (28%)
Net Operating Income
$20,050
$4,858 (24%)
Cap Rate
5.05%
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians