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$305,000
● Multifamily - Off Market

117 Pearl

bedrooms
6 Beds
bathrooms
0 Bath
square feet
3,619 Ft²
$666,276
RealtyHop Estimate
115.62%
Since Mar 1, 2004
National-US
Primary Model

About This Property

WONDERFUL TWO FAMILY WITH 6 RMS EACH APT. D.R.'S HAVE CLOSETS & CAN BE USED AS 4TH BEDROOM, LOTS OF CLOSETS . EACH UNIT HAS BEAUTIFUL HDWD. FLRS,FIREPLACE,BUTLER'S PNTRY 2ND FL. UNIT HAS 2RMS ON 3RD FL.,LG. UNITS,2 C GAR.FENCED YD
Unit Size
3,619 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$85
Property Type
Multifamily
Property Taxes
$223
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 #30806563)

Price History

Date / Event Date Event Price
Feb 27, 2004 Sold
Premium
Sold
Jan 23, 2004 Listed by Ameritrust Real Estate, Inc. $309,000
Listed by Ameritrust Real Estate, Inc.

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Pantry, Storage), Unit 2(Pantry, Storage), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks))
Appliances: Unit 1(Range, Refrigerator, Washer, Dryer), Unit 2(Range, Refrigerator), Oil Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Vinyl, Carpet
Laundry Features: Washer Hookup
Rooms: 14
Has Fireplace
Fireplaces: 2
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Enclosed
Lead Paint: Unknown
Lot Features: Corner Lot, Easements
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Zoning: RES
Parcel Number: 3306866
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $199,300
Tax Annual Amount: $2,677
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Heating Type: Unit 1(Hot Water Radiators, Oil), Unit 2(Hot Water Radiators, Oil)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Shopping, Park, Medical Facility, Laundromat

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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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30806563
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