4608 Flake Ave, New Orleans, LA 70127 - Valuation report, cap rates, free data
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4608 Flake Ave, New Orleans, LA 70127

Indicative value *
$0.1M - $0.2M
* This indicative valuation is based on sales of other properties in the area, where data is available (see interactive map in the Sales Transactions tab below). For more accurate valuation, please request
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C
Overall location
score
39
Value decline
risk score
65
Value growth
potential score
  • Gentrifying area
  • Residential district area with 96% of people residing in the area and 4% commuting here for work
  • Close to highway, highway score is 92 (out of 100)
  • Medium population density of 6,141/sq.mi. in 0.3mi and low population density of 1,920/sq.mi. in 3mi
  • Area has average popularity with foot traffic score of 32 (out of 100)
  • Within or relatively close to an urban center
  • A number of amenities within walking distance but not many, including restaurants BBQnSome Food Truck
  • Low household income of $28,142/year in 0.3mi and $30,491/year in 3mi
  • Low retail growth
  • Limited public transit with transit score of 0 (out of 100)
  • Population has low level of education with 11% of people with bachelor degrees
  • Limited business growth
  • Low job growth in the area (within 3mi radius)
  • Employers in the area are small-size businesses
  • USA / Louisiana / 70127 / 4608 Flake Ave, New Orleans, LA 70127, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    2
    50500
    04/19/21
    Multi-Family
    2
    13500
    03/23/21
    Multi-Family
    2
    80000
    03/04/21
    Multi-Family
    2
    144500
    02/02/21
    Multi-Family
    2
    112500
    10/16/20
    Multi-Family
    2
    180000
    07/21/20
    Multi-Family
    2
    82500
    05/04/20
    Multi-Family
    2
    80500
    03/25/20
    Multi-Family
    2
    30000
    12/05/19
    Multi-Family
    2
    72500
    10/02/19
    Multi-Family
    2
    57500
    07/02/18
    Multi-Family
    2
    67500
    05/30/18
    Multi-Family
    2
    65950
    03/09/18
    Multi-Family
    2
    140500
    09/19/17
    Multi-Family
    2
    50000
    08/24/17
    Multi-Family
    2
    62500
    03/28/17
    Multi-Family
    2
    492500
    03/01/17
    Multi-Family
    Estimated cap rates are calculated assuming current average market rents, market vacancy, and average costs for each property. Actual cap rates may differ substantially if the property had lower or higher rents than average for the market, or had a higher or lower than market vacancy, or costs
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