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$221,000
● Multifamily - Off Market

131 Cental

bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,440 Ft²
$432,273
RealtyHop Estimate
88.77%
Since Mar 1, 2005
National-US
Primary Model

About This Property

Large duplex in mint condition in great neighborhood. Many updates include a 2 new furnaces, hot water heaters, roof, and electrical. 1 car garage with extra room in basement. Great yard for many outdoor summer activities. Rents are well below market value. Not a drive by, you have to come in to appreciate the charm and character of this wonderful older home.
Unit Size
2,440 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$94
Property Type
Multifamily
Property Taxes
$126
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 #70117882)

Price History

Date / Event Date Event Price
Feb 28, 2005 Sold
Premium
Sold
Nov 15, 2004 Listed by Orbit Realty $229,000
Listed by Orbit Realty

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range), Unit 2(Range, Refrigerator), Tank Water Heater
Rooms: 12
Basement: Full, Garage Access
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 4
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Corner Lot, Wooded
Lot Size Area: 0.26
Lot Size Units: Acres
Lot Size Acres: 0.26
Zoning: res
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $128,200
Tax Annual Amount: $1,510
Utilities Details
Heating Type: Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard, Gas)
Location Details
Community Features: Public Transportation, Shopping, 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# 70117882
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