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$240,000
● Multifamily - Off Market

15 Granite

bedrooms
8 Beds
bathrooms
0 Bath
square feet
1,644 Ft²
$537,980
RealtyHop Estimate
115.62%
Since Mar 1, 2004
National-US
Primary Model

About This Property

WELL MAINTAINED PROPERTY WITH UPDATES. 2 NEW H2O HEATERS. ALL STOVES & PARLOR HEATERS & 1 REFRIG PART OF REAL ESTATE. SOME XTERIOR DOORS NEW,SEC 8 TENANTS,$46 P/M TRASH REMOVAL.
Unit Size
1,644 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$152
Property Type
Multifamily
Property Taxes
$137
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 #30721406)

Price History

Date / Event Date Event Price
Feb 23, 2004 Sold
Premium
Sold
May 14, 2003 Listed by Roz Real Estate $249,500
Listed by Roz Real Estate

Property Highlights

Parking Available
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available), Unit 3(Lead Certification Available), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range), Unit 3(Range), Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Vinyl
Rooms: 16
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: Insulated Windows
Construction Materials: Frame
Lead Paint: Certified Treated
Lot Features: Other
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Zoning: RES
Parcel Number: 1746430
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 14
Tax Assessed Value: $160,500
Tax Annual Amount: $1,647
Utilities Details
Utilities: for Gas Range
Cooling Type: Unit 1(None), Unit 2(None), Unit 3(None)
Heating Type: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping

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# 30721406
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