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$215,000
● Condo - Off Market

159 Franklin #B6

bedrooms
2 Beds
bathrooms
1 Bath
square feet
978 Ft²
$500,380
RealtyHop Estimate
128.48%
Since Aug 1, 2003
National-US
Primary Model

About This Property

LARGE SUNNY 2 BDRM UNIT AT VILLA GRANDE. HUGE MBRM WITH WALK IN CLOSET. NEWER CARPETS AND PAINT. QUIET UNIT IN REAR OF BUILDING.
Unit Size
978 Ft²
Days on Market
-
Land Size
-
Price per sqft
$224
Property Type
Condo
Property Taxes
$164
HOA Dues
$241
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 #30728391)

Price History

Date / Event Date Event Price
Jul 30, 2003 Sold
Premium
Sold
May 31, 2003 Listed by Thompson Realty $219,000
Listed by Thompson Realty

Property Highlights

Air Conditioning
Interior Details
Level: Second
Width: 7
Length: 8
Area: 56
Width: 9
Length: 12
Level: Second
Area: 108
Length: 20
Level: Second
Area: 240
Width: 12
Width: 11
Length: 12
Area: 132
Level: Second
Length: 22
Width: 12
Area: 264
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Carpet
Rooms: 5
Basement: N
Parking Details
Has Garage
Parking Features: Storage, Common
Exterior Details
Has Property Attached
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Villa Grande
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lead Paint: None
Lot Size Units: Acres
Zoning: RESIDENTIA
Parcel Number: 768805
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $168,500
Tax Annual Amount: $1,971
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Insurance, Maintenance Structure
HOA/Condo/Coop Amenities: Hot Water
HOA Fee: $241
Community Features: Public Transportation, Shopping, Golf, Medical Facility
Management: Professional - Off Site

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# 30728391
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