Residential Income
For Sale
$230,000
1006 Gaston Avenue, Cambridge, OH 43725
A 2,372-square-foot property with central air, natural gas forced-air heat, and a full basement.
Property Size2,372 SF
Price / SF$96.96
Days on Market32
Property Features for 1006 Gaston Avenue
General Information
Standard status
Active
Size
2,372 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$1,079
Amenities
Central Air
Natural Gas, Forced Air
Full
On Street
Building Details
Buildings
1
Stories
2
Listing Agency:
WestCo Realty, LLC
Listed By:
Carson West · License #2024005010
(307) 203-6441
Source:
Evrealestate
Added: Sep 5
Changed: Oct 4
Last Checked: Oct 5 at 5:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WestCo Realty, LLC
Investment Insights
Based on property information with market context.
This residential income property contains 2,372 square feet and includes central air, natural gas forced-air heating, and a full basement. On-street parking is available.
The property is at 1006 Gaston Avenue in Cambridge, Ohio. From downtown Cambridge, the described route follows 10th Street South to Gaston Avenue, then turns east at the intersection.
The property is at 1006 Gaston Avenue in Cambridge, Ohio. From downtown Cambridge, the described route follows 10th Street South to Gaston Avenue, then turns east at the intersection.
Key Highlights
- 2,372 square feet of building area
- Central air conditioning
- Natural gas, forced‑air heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,054
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,080
$361.1K
Cap Rate 7%
$257,914
$257.9K
Cap Rate 9%
$200,600
$200.6K
Market Conditions
NOI Build-Up for 2,372 SF
Gross rent
$35.3K $14.88/SF
− Vacancy
−$2.5K −$1.04/SF
EGI
$32.8K $13.84/SF
− OpEx
−$14.8K −$6.23/SF
NOI
$18.1K $7.61/SF
Area
Guernsey County, OH
Vacancy
7.00%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,080
Cap Rate 7%
$257,914
Cap Rate 9%
$200,600
Alternative Uses
Best Use
Apartment 5plus
$257.9K
$225.7K – $300.9K
NOI $18,054 @ 7.0% cap · market cap 7.85%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$551.4K
$482.4K – $643.3K
NOI $38,595 @ 7.0% cap · market cap 16.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Explore this area
Business Placement
Demographics for 43725, OH
19,520
Population
9,667
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
88%
High-School Grad
124.2 sq mi
ZIP Area
157
Density / Sq Mi
$51,612
Median Household Income
$35,781
Median Earnings
$789
Median Rent
$160,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A 2,372-square-foot property with central air, natural gas forced-air heat, and a full basement.
Where is this residential income property located?
The property is located at 1006 Gaston Avenue Cambridge, OH.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 2,372 square feet of building area; Central air conditioning; Natural gas, forced‑air heating
