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$392,000
● Multifamily - Off Market

146 Cherry

bedrooms
8 Beds
bathrooms
3 Baths
square feet
3,083 Ft²
$687,007
RealtyHop Estimate
78.44%
Since Jul 1, 2005
National-US
Primary Model

About This Property

fully deleaded 3 family on corner nice corner lot. close to all amenities. seperate utilities for all three floors. first floor newly renovated. great income,investor or owner occupant 1st floor has lease. 2nd & 3rd floors tenant at will. must be seen 2nd floor is now vacant,completely renovated,including paint,carpeting and bath.
Unit Size
3,083 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$125
Property Type
Multifamily
Property Taxes
$255
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 #70148817)

Price History

Date / Event Date Event Price
Jun 17, 2005 Sold
Premium
Sold
Feb 22, 2005 Listed by Ashbrook Real Estate $385,000
Listed by Ashbrook Real Estate

Property Highlights

Parking Available
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Other (See Remarks)), Unit 1 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 3 Rooms(Living Room, Kitchen, Other (See Remarks))
Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Gas Water Heater, Leased Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
Flooring Type: Vinyl, Carpet
Rooms: 14
Basement: Full
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: None, Certified Treated
Lot Features: Corner Lot
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: multi unit
Parcel Number: 955828
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 041
Tax Assessed Value: $266,000
Tax Annual Amount: $3,062
Utilities Details
Utilities: for Gas Range, for Electric Range
Heating Type: Unit 1(Central Heat, Steam, Gas), Unit 2(Central Heat, Steam, Gas)
Location Details
Community Features: Public Transportation, Shopping, Sidewalks

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# 70148817
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