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$305,000
● Multifamily - Off Market

16-18 Royal

bedrooms
7 Beds
bathrooms
0 Bath
square feet
3,870 Ft²
$726,143
RealtyHop Estimate
138.08%
Since Apr 1, 2003
National-US
Primary Model

About This Property

AWESOME TOWER HILL LOCATION. THREE FAMILY OF 5/3/1, 5/3/1, 3/1/1. NEW WINDOWS, THREE YEAR OLD ROOF, SEPERATE UTILITIES, GARAGE. DELEAD CERTIFICATES. GREAT CONDITION
Unit Size
3,870 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$79
Property Type
Multifamily
Property Taxes
$157
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 #30678064)

Price History

Date / Event Date Event Price
Mar 14, 2003 Sold
Premium
Sold
Jan 6, 2003 Listed by The Guselli Agency, Inc. $305,000
Listed by The Guselli Agency, Inc.

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Unit 3(Storage), Unit 1 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Refrigerator, Other (See Remarks)), Unit 2(Refrigerator, Other (See Remarks)), Unit 3(Refrigerator)
Flooring Type: Wood, Vinyl, Carpet
Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
Rooms: 13
Has Fireplace
Fireplaces: 1
Basement: Full, Bulkhead, Concrete
Exterior Details
Security Features: Unit 1 Security System, Unit 2 Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Certified Treated
Lot Features: Other
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: RES
Parcel Number: 4212149
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 228
Tax Assessed Value: $121,500
Tax Annual Amount: $1,888
Utilities Details
Heating Type: Unit 1(Hot Water Baseboard, Oil), Unit 2(Hot Water Baseboard, Oil), Unit 3(Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Laundromat, Other

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# 30678064
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