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$50,000
● Multifamily - Off Market

13 Hancock

bedrooms
9 Beds
bathrooms
0 Bath
square feet
4,500 Ft²
$212,100
RealtyHop Estimate
272.10%
Since Dec 1, 1996
National-US
Primary Model

About This Property

CLARK UNIVERSITY NEAR...PROPERTY HAS POTENTIAL FOR MONEY MAK ER.  1989 VINYL SIDED.  2ND FLOOR SELLER TO PAINT. CALL L.O. WLB FOR VACANT 2ND FLOOR AND CELLER. MUST CALL FOR APPT.
Unit Size
4,500 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$13
Property Type
Multifamily
Property Taxes
$122
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 #30112733)

Price History

Date / Event Date Event Price
Nov 24, 1996 Sold
Premium
Sold
Jun 20, 1996 Listed by A. A. Zamarro R. E. $57,000
Listed by A. A. Zamarro R. E.

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Tandem
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Storage), Unit 2(Storage), Unit 3(Storage), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range), Unit 2(Range, Refrigerator), Unit 3(Range), Gas Water Heater, Leased Heater
Flooring Type: Wood
Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
Rooms: 18
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Zoning: RES.MULTI
Parcel Number: 1768564
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 07
Tax Assessed Value: $84,300
Tax Annual Amount: $1,468
Utilities Details
Heating Type: Unit 1(Central Heat, Hot Water Baseboard), Unit 2(Gas), Unit 3(Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Park

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# 30112733
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