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$500,000
● Multifamily - Off Market

12-14 Fairfield

bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,688 Ft²
$998,316
RealtyHop Estimate
95.80%
Since Dec 1, 2004
National-US
Primary Model

About This Property

Location...Location...Location. Beautiful legal two family with two car attached garage. High walk out Basement. New Harvey Windows, New Elec 100 AMP breakers. Two New Heating Systems, Possible to finish walk up attic into two big bedrooms with a bath. Loads of natural wood and Hardwood floor thru-out the home. Big rooms. Fenced Yard. Whole house to be delivered vacant at passing of papers. Near Route 1. Basement has Half a bath. Washer/Dryer hook ups. Easy to show.
Unit Size
2,688 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$190
Property Type
Multifamily
Property Taxes
$278
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: 5 years ago (MLSPIN #70087014)

Price History

Date / Event Date Event Price
Nov 30, 2004 Sold
Premium
Sold
Sep 8, 2004 Listed by SAMIR DESAI $509,875
Listed by SAMIR DESAI

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Off Street
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Pantry), Unit 2(Pantry), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Wall Oven, Dishwasher, Refrigerator), Unit 2(Range, Wall Oven, Dishwasher), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
Flooring Type: Wood
Laundry Features: Washer Hookup
Rooms: 11
Basement: Full, Walk-Out Access, Concrete
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, Post & Beam, See Remarks
Patio and Porch Features: Porch, Enclosed
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: res
Parcel Number: 603033
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $374,200
Tax Annual Amount: $3,334
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Varies per Unit
Cooling Type: Unit 1(Window AC, Individual), Unit 2(Window AC, Individual)
Heating Type: Unit 1(Steam, Oil, Individual, Unit Control), Unit 2(Steam, Oil, Individual, Unit Control)
Location Details
Community Features: Public Transportation, 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: 5 years ago
Data Source: MLS PIN, MLS# 70087014
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