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Covington has some of the least expensive real estate in Kentucky; the median house price in Covington is around $95,430, while the median house price for Kentucky as a whole is $124,100. [ 23 ] Arts and culture
Capitalization rate (or "cap rate") is a real estate valuation measure used to compare different real estate investments. Although there are many variations, the cap rate is generally calculated as the ratio between the annual rental income produced by a real estate asset to its current market value. Most variations depend on the definition of ...
The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
The "Plan of Cincinnati" from the 1878 Encyclopaedia Britannica, showing the layout of downtown Covington and Newport to the south. In 1814, John Gano, Richard Gano, and Thomas Carneal purchased 150 acres (0.6 km 2) on the west side of the Licking River at its confluence with the Ohio River, referred to as "the Point," from Thomas Kennedy for $50,000.
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Since the heroin epidemic first hit, the 110 beds at the publicly-funded Grateful Life Center have become some of the most coveted real estate in Northern Kentucky. The facility for men, part of the Recovery Kentucky network, is located in Erlanger, just down the road from the Kenton County jail.
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