1260 Martin St 209 Nashville, TN 37203

1 bed · 1 bath · 816 sq ft · Lot Size: 764 sq ft · Residential Condominium · Wedgewood - Houston
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1260 Martin St 209 is in the Wedgewood - Houston neighborhood of Nashville, TN. It is located in Davidson County and ZIP code 37203. This Residential Condominium was built in 2017 and is approximately 8 years old. The residential condominium spans 816 sq ft with 1 bedroom and 1 bathroom and sits on a 764 sq ft lot. According to public records, it was last sold in 2017 for $189,900. The Wedgewood - Houston area of Nashville has 129 residential homes. Analyze and compare real estate investment strategies for properties like this home at 1260 Martin St 209 Nashville, TN 37203 with Property Intel by Whitepages.

Investment Potential for 1260 Martin St 209

The property has a current estimated value of $337,567, which is 3% above the neighborhood median, based on public records. It last sold on September 27, 2017 for $190K. Projected long-term
is $46,800 annually ($3,900 per month) with a 78% occupancy rate.

Long-Term

Gross Rental
$46,800 per year($3,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
78%in 37203 zip code
 
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Owners & Occupancy for 1260 Martin St 209

No contact information is available.

Occupancy

Resident 1****************** age 34

Property Details for 1260 Martin St 209

Property Details

Property Sq Ft

Price Per Sq Ft

Living Area

$414 / sq ft

Compare to Wedgewood - Houston

Lot Size Area

$442 / sq ft

Compare to Wedgewood - Houston
Property condition, age, exterior, etc. for 1260 Marti…
Longitude: -86.76927 Latitude: 36.140185 Parcel Number (APN): 105-07-1A-212.00-C…
Mortgage originated on through lender: Iberiabank for$*****View Mortgage Details
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Market Benchmarks

Compare data for 1260 Martin St 209 in Davidson County to the median in the neighborhood area and surrounding markets, where available.
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Property
State
Difference
$337,567
$253,569
$83,998 (33%)
YoY Price Change
-0.51%
-1363%
Year Built
2017
1986
31 years
Living Space
816 sq ft
730 sq ft
86 (12%)
$ Per Living Sq Ft
$414
$343
$71 (21%)
Lot Size
764 sq ft
786 sq ft
-22 (-3%)
$ Per Lot Sq Ft
$442
$330
$111 (34%)

Net Operating Income
$14,600
$21,227 (145%)
Annual Revenue
$46,800
$21,000
$25,800 (123%)
$5,434
$5,540 (102%)
Net Operating Income
$14,600
$21,227 (145%)
Cap Rate
5.99%
Home Value Comparison: Property vs. Local and Regional 1-Bed Residential Condominium Medians