305 East 25th Street North Newton, IA 50208
Multifamily property with four units in Newton, Iowa.
- Added:
- Mar 25, 2026
- Days on Market:
- 109
- Last Refresh:
- Jul 5 at 10:08 pm
Property Features for 305 East 25th Street North
General Information
- Standard status
- Active
- Size
- 2,496 SF
- Lot size
- 0.58 Acres
- Property subtype
- Multifamily
Listing office (515) 415-6131
Listing date Mar 25, 2026
Source Cbre
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 Clark Matthews
Investment Insights
Based on property information with market context.
Key Highlights
- Part of a larger 22‑unit portfolio in Newton, Iowa.
- New roof installed in 2023.
- Cap Rate: 8.02%.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.5k | $10.20 |
| − Vacancy | −$2.1k | −$0.84 |
| EGI | $23.4k | $9.36 |
| − OpEx | −$7.0k | −$2.81 |
| NOI | $16.3k | $6.55 |
