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$380,000
● Multifamily - Off Market

179 Marion

bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,980 Ft²
$837,571
RealtyHop Estimate
109.45%
Since May 1, 2004
National-US
Primary Model

About This Property

3 FAMILY. CONVENIENT LOCATION. MASSPORT WIND AND DOORS, NEW REAR PORCHES. ALL EIK, FINISHED BASEMENT WITH KITCHEN AND BATH. EACH UNIT WITH SEPARATE COOLING SYSTEM. EASY TO SHOW...LOCKBOX
Unit Size
1,980 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$202
Property Type
Multifamily
Property Taxes
$171
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 #30801474)

Price History

Date / Event Date Event Price
Apr 9, 2004 Sold
Premium
Sold
Jan 8, 2004 Listed by Abregu Realty $399,900
Listed by Abregu Realty

Property Highlights

Parking Details
Parking Features: Other
Interior Details
Full Bathrooms: 3
Appliances: Unit 1(Range, Disposal, Refrigerator), Unit 2(Range, Disposal, Refrigerator), Unit 3(Range, Disposal, Refrigerator), Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Wood, Carpet
Rooms: 11
Basement: Full, Finished
Exterior Details
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Other
Lot Size Area: 0.02
Lot Size Units: Acres
Lot Size Acres: 0.02
Parcel Number: 1332210
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $181,700
Tax Annual Amount: $2,051
Utilities Details
Utilities: for Electric Range
Cooling Type: Unit 1(Wall AC), Unit 2(Wall AC), Unit 3(Wall AC)
Heating Type: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Laundromat

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# 30801474
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