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$320,000
● Multifamily - Off Market

1 Cherry

bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,160 Ft²
$671,532
RealtyHop Estimate
91.87%
Since Feb 1, 2005
National-US
Primary Model

About This Property

The second floor chandelier is an exclusion.
Unit Size
2,160 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$162
Property Type
Multifamily
Property Taxes
$285
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #70083619)

Price History

Date / Event Date Event Price
Jan 7, 2005 Sold
Premium
Sold
Aug 31, 2004 Listed by Sara Fishbane Real Estate $350,000
Listed by Sara Fishbane Real Estate

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator, Freezer), Unit 2(Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer), Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Vinyl
Laundry Features: Washer Hookup
Rooms: 11
Basement: Full, Walk-Out Access
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Storm Window(s)
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Corner Lot, Other
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Zoning: R3
Parcel Number: 2128328
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $292,400
Tax Annual Amount: $3,424
Utilities Details
Utilities: for Gas Range, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Oil), Unit 2(Oil)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Currently no similar homes around
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70083619
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