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$205,000
● Multifamily - Off Market

16 Vale

bedrooms
9 Beds
bathrooms
0 Bath
square feet
3,231 Ft²
$531,157
RealtyHop Estimate
165.71%
Since Feb 1, 2002
National-US
Primary Model

About This Property

SOLID 3FAM IN DESIRABLE GRAFTON HILL AREA W/ 3 BEDROOMS EACH FLOOR AND OFF-STREET PARKING.  VINYL SIDING & VINYL WINDOWS ON 1ST FLOOR.  GOOD CONDITION.  2ND FLOOR TO BE VACANT. UNIQUE IN-LAW POTENTIAL ON 1ST FLR W/ SEPARATE KITCHEN &BATH
Unit Size
3,231 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$62
Property Type
Multifamily
Property Taxes
-
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 #30549169)

Price History

Date / Event Date Event Price
Jan 17, 2002 Sold
Premium
Sold
Oct 4, 2001 Listed by Sandra J. Edwards $199,900
Listed by Sandra J. Edwards

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 4
Interior Features: Unit 1(Pantry, Other (See Remarks)), Unit 2(Pantry, Storage), Unit 3(Pantry, Storage), Unit 1 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator, Washer, Dryer), Unit 3(Range, Refrigerator), Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Vinyl
Laundry Features: Washer Hookup
Rooms: 16
Basement: Full, Concrete
Exterior Details
Security Features: Unit 2 Security System
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: Enclosed
Lead Paint: Unknown
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Zoning: RG-5
Parcel Number: 1765330
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 0004
Tax Assessed Value: $81,500
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None), Unit 3(None)
Heating Type: Unit 1(Forced Air, Gas, Electric, Individual), Unit 2(Forced Air, Gas, Electric, Individual), Unit 3(Forced Air, Gas, Electric, Individual)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, 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# 30549169
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