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    Detached 1.5-Story Home with Two Garages Title is generated by Realmo AI

    720 Eads Ave., Hebron, NE 68370

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    For Sale
    $143,000

    Farm / Farmhouse, House (Detached) - Hebron, NE

    Type:Farm
    Property size:
    1,343 SF
    Price / SF:
    $106/SF
    Added:
    Dec 5, 2025
    Days on Market:
    184
    Last Refresh:
    Jun 7 at 7:06 pm

    Property Features for 720 Eads Ave.

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    1
    Rooms
    Basement, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
    Parking features
    Garage
    Basement Y/N
    1
    Appliances
    Refrigerator
    Standard status
    Active
    Size
    1,343 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    631

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1904
    Year renovated
    1904
    Floors in Building
    2
    Flooring type
    Hardwood
    Building materials
    Wood Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Karyn Kayser

    Listing agent Karyn Kayser

    Listing office Posey Real Estate & Appraisal 122 S. 4th Street, Hebron, NE

    Listing date Dec 5, 2025

    MLS# 11615170 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Updated 1.5‑story home built in 1904 with original woodwork and wood floors
    • Central air conditioning and forced‑air natural gas heating
    • Full room layout includes living room, dining room, kitchen, 3 bedrooms, and 2 bathrooms plus a nook
    • Basement with mechanical systems and a bathroom on the main level
    • Two detached garages accessed from the public alley: a 24' x 26' newer garage with two overhead doors and a workshop
    • Large yard with mature shade trees and a front porch

    Overview

    This updated 1.5-story detached home blends original character with newer finishes. The first floor includes a living room, dining room, kitchen, bedroom, bathroom, and a nook. Upstairs, the second floor offers two bedrooms plus an additional nook, with new flooring and paint. A utility basement houses the mechanical systems. Throughout the home, you’ll find original woodwork and wood floors.

    The property also features two detached garages, both accessed from the public alley. One garage includes a workshop, while the newer detached garage measures 24 feet by 26 feet and has two overhead doors. A front porch adds outdoor space for everyday use. Outside, the yard includes mature shade trees and offers room for recreation.

    For buyers looking for a home with on-site storage and workspace, the combination of a workshop garage and the newer garage provides practical flexibility. The layout supports everyday living on the main level with additional bedrooms upstairs, while the basement provides mechanical utility space. Overall, it’s a well-appointed detached option with multiple garage spaces and established yard features.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hebron
    County
    Thayer
    State
    Nebraska
    Longitude
    -97.58546
    Latitude
    40.17047

    FAQs

    What type of property is this?
    Single family property - Updated 1.5-story detached home with original woodwork, two garages, and a yard with mature shade trees.
    Where is this single family property located?
    The property is located at 720 Eads Ave. Hebron, NE.
    What is the asking price?
    The asking price for this property is $143,000.
    What are key features of this property?
    This property features: Updated 1.5‑story home built in 1904 with original woodwork and wood floors; Central air conditioning and forced‑air natural gas heating; Full room layout includes living room, dining room, kitchen, 3 bedrooms, and 2 bathrooms plus a nook
    (402) 768-2292
    We can help!
    Listing Contact
    Karyn Kayser
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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