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$627,000
● Multifamily - Off Market

2-4 Chester

bedrooms
9 Beds
bathrooms
3 Baths
square feet
3,027 Ft²
$1,191,079
RealtyHop Estimate
83.24%
Since May 1, 2005
National-US
Primary Model

About This Property

LOCATION!! LOCATION!! LOCATION!! STANDARD 5/5/5 FLAT TOP 3 DECKER IN DESIREABLE EDGEWORTH AREA.ONE MINUTES WALK TO MALDEN CENTER "T" STATION.FEATURES NEW WINDOWS, UPDATED ELECTRICAL SYSTEM,RUBBER ROOF,HARD WOOD FLOORS,EAT-IN-KITCHENS WITH PANTRIES,FRONT & REAR PORCH ES,4 PARKING SPACES. FIRST SHOWING - OPEN HOUSE SUNDAY ,FEBRARY 20,2005 12:00PM TO 2:00PM
Unit Size
3,027 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$215
Property Type
Multifamily
Property Taxes
$392
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 #70147038)

Price History

Date / Event Date Event Price
Apr 3, 2005 Sold
Premium
Sold
Feb 15, 2005 Listed by Ruyi Realty $650,000
Listed by Ruyi Realty

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, On Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Pantry), Unit 2(Pantry), Unit 3(Pantry), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood
Rooms: 15
Basement: Full, Walk-Out Access, Sump Pump
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, Storm Window(s), Screens
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: RES
Parcel Number: 593035
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $541,700
Tax Annual Amount: $4,707
Utilities Details
Utilities: for Gas Range
Cooling Type: Unit 1(None), Unit 2(None), Unit 3(None)
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas)
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# 70147038
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