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Farrell 16121
1117 Roemer Blvd
$69,000
● House - Off Market

1117 Roemer Blvd

Farrell, PA 16121
bedrooms
4 Beds
bathrooms
1 Bath
$538
Est. Monthly
24.35%
Cap Rate

About This Property

Move in ready and recently renovated! The first floor offers spacious kitchen, dining and living areas. Upstairs boasts 4 large bedrooms! The bathroom received a facelift as well with fresh paint, vanity and mirror! So much to see here!
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$174
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: 3 years ago (WPMLS #1639918)

Price History

Date / Event Date Event Price
Jul 18, 2024 Sold
Premium
Sold
Mar 20, 2024 Price Decreased $74,000
↓ $5K (6.3%)
Price Decreased
Feb 5, 2024 Listed by KELLER WILLIAMS REALTY $79,000
Listed by KELLER WILLIAMS REALTY
Jun 30, 2022 Sold
Premium
Sold
Dec 21, 2021 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,589
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH SHARON TRUST COMPANY
  • Land Acres: 0000000151
  • Standard Land Use Code: 1999
  • County Land Use Code: RT-0
  • Legal Description 1: 1117 ROEMER BLVD

Neighborhood

  • School District Name: Farrell Area School District
  • School Tax School District: FARRELL
  • Census Tract: 030900

Geography

  • District: 52
  • Parcel: 52 428 280
  • Municipality: FARRELL
  • Latitude: 41.2118
  • Longitude: -80.4939

    Address

  • Full Address: 1117 Roemer Blvd
  • Address - House Number: 1117
  • Address - Street Name: Roemer
  • Address - Suffix Type: Blvd
  • State: PA
  • City Name: Farrell
  • Carrier Code: C005
  • 4-Digit Zip Code: 1869
  • Zip Code: 16121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $208,389

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 74,389
  • High Value: 87,338
  • Low Value: 61,439

    Market Valuation

  • Market Total Value: $15,600
  • Market Land Value: $1,050
  • Market Improvement Value: $14,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,600
  • Assessed Land Value: $1,050
  • Assessed Improvements Value: $14,550

    Sales

  • Current Sale Contract Date: Jun 02, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6163
  • Previous Sale Recording Date: Jun 29, 2022
  • Previous Sale Contract Date: Jun 01, 2022
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Farrell

Stats & Trends

Median Asking:

$55,500

Sale Price/ft²

$72

Below Asking

0.05%

Average Days on Market

53

Average Home Size

138 ft²

Average Home Age

82.9 years

Currently For Sale

16 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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WPMLS

Listed by: Corey Dame
KELLER WILLIAMS REALTY
Last Updated: 3 years ago
Data Source: WPMLS , MLS# 1639918
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1117 Roemer Boulevard built and last sold?
The property at 1117 Roemer Boulevard was built in and last sold on Jun 2, 2022 for $55,000.
How much is this home worth?
The estimated value of the home located at 1117 Roemer Boulevard is $0.
What are some comparable homes to 1117 Roemer Boulevard?
There are currently no comparable homes to 1117 Roemer Boulevard.
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