$137,500
●
Multifamily -
Off Market
21 Ryan Road
Northampton, MA 01062
4 Beds
2 Baths,
1
Half Bath
1,573 Ft²
$163,211
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
Very affordable two family located at the Florence end of Ryan
Road. Each unit has four rooms, two bedrooms and one full bath. The
left unit has and extra half bath and one car attached garage. Both
units have gas heat, gas hot water heaters (rented) and new 100 amp
electric services. There is a storage shed in the back yard. The
rear property boundary is a small stream that runs into the Mill
River. The property is located in a FEMA flood zone and will
require flood insurance. The driveway to the left of the property
is shared with the neighbor via a deeded right-of-way. First
showing Sunday May 2nd from 1-4pm, appointment required please call
listing agent to schedule. It is unlikely this property will
qualify for FHA financing.
Unit Size
1,573 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$99
Property Type
Multifamily
Property Taxes
$298
HOA Dues
-
Year Built
1900
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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: 5 months ago (MLSPIN #72822164)
Price History
Property Highlights
Parking Available
Parking Details
Has Garage
Has Open Parking
Parking Features: Shared Driveway, Off Street
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Living Room, Kitchen
Appliances: Range, Refrigerator
Flooring Type: Vinyl, Carpet
Laundry Features: Washer Hookup
Rooms: 8
Basement: Interior Entry, Sump Pump
Exterior Details
Square Footage: 1573
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Waterfront, Stream, Creek, Frontage, Direct Access
Building Area Total: 1573
Levels: 4
Other Structures: Shed(s)
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Features: Easements, Flood Plain
Lot Size Area: 0.2
Lot Size Units: Acres
Lot Size Acres: 0.2
Lot Size Square Feet: 8699
Tax Lot: 2
Water Source: Public
Financial Details
Tax Map Number: 22D
Tax Assessed Value: $212,900
Tax Annual Amount: $3,577
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas, Baseboard
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/28/2021
| |
4 Bed
|
2 Bath
|
1573 ft²
|
$155,000
4 Bed
2 Bath
1573 ft²
|
$137,500
-11.29%
02/01/2022
|
David A Murphy
The Murphys REALTORS®, Inc.
|
|
01/17/2001
| |
5 Bed
|
-
|
1573 ft²
|
$94,900
5 Bed
-
1573 ft²
|
$65,000
-31.51%
06/01/2001
|
Elaine Gaynor
The Murphys REALTORS®, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017