After 30 yrs , the owners & care takers of this fabulous 2 family
homestead are ready to make it available to new owners. The main
level offers 1500+ sq ft of living space plus a private spacious
screened porch that overlooks the great backyard & nature at its
best! The bright kitchen & dining area, accented by barn board, are
warm & welcoming; great front foyer with cedar closet & double
closet that leads to the living room with bay window; 3 good size
bedrooms; beautifully updated main bath with Jacuzzi tub/shower,
white bead board accent, vanity with granite counter; 2nd full bath
with double shower & laundry hookups; great family room with 5 yr
young pellet stove; slider to front to back screened porch. Upper
unit features living room with bay window, eat in kitchen, 2 good
size bedrooms, office/den and front to back 3 season porch. Updated
windows, gorgeous hardwood floors thru much of the home, 10 yr old
roof. Separately metered for heat and electric. Close to town
center
Unit Size
2,548 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$149
Property Type
Multifamily
Property Taxes
$610
HOA Dues
-
Year Built
1900
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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.
Interior Features: Unit 1(Ceiling Fans, Cedar Closet, Bathroom with Shower Stall, Bathroom With Tub & Shower, Slider), Unit 2(Pantry, Upgraded Cabinets, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Family Room, Sunroom), Unit 2 Rooms(Living Room, Kitchen, Office/Den, Sunroom)
Appliances: Unit 1(Range, Dishwasher, Disposal, Refrigerator), Unit 2(Range, Refrigerator), Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Tile, Vinyl, Carpet, Hardwood, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors, Wall to Wall Carpet)
Laundry Features: Washer Hookup, Unit 1 Laundry Room
Patio and Porch Features: Enclosed, Screened, Patio
Lead Paint: Unknown
Pool Features: Above Ground
Lot Features: Wooded, Level
Lot Size Area: 0.25
Lot Size Units: Acres
Lot Size Acres: 0.25
Zoning: R2
Parcel Number: M:010.0 P:178.0, 3634866
Water Source: Public
Financial Details
Tax Assessed Value: $323,100
Tax Annual Amount: $7,315
Utilities Details
Utilities: for Gas Range, for Gas Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Public School, T-Station
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