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$233,000
● Multifamily - Off Market

220 - 222 Main Street

bedrooms
5 Beds
bathrooms
0 Bath
square feet
2,574 Ft²
$553,507
RealtyHop Estimate
130.72%
Since Jul 1, 2003
National-US
Primary Model

About This Property

LOTS OF UPGRADES IN LAST 9 YRS.  CIRC. BRKRS/WINDOWS/SOME PLUMBING/2ND FLR BOILER & BURNER '96 & 1ST FLR APPROX '86-88 EACH UNIT HAS SEPERATE LAUNDRY HU WASHERS & DRYERS, AND REFRIGERATORS STAY - WELL MAINTAINED
Unit Size
2,574 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$93
Property Type
Multifamily
Property Taxes
$228
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #30479006)

Price History

Date / Event Date Event Price
Jun 20, 2003 Sold
Premium
Sold
Feb 15, 2001 Listed by Re/max Realty Associates $239,900
Listed by Re/max Realty Associates

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Ceiling Fans, Lead Certification Available), Unit 2(Lead Certification Available), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator, Washer, Dryer), Unit 2(Range, Refrigerator, Washer, Dryer), Gas Water Heater
Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
Rooms: 10
Basement: Full, Crawl Space, Concrete
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Patio and Porch Features: Porch
Lead Paint: Yes, None
Lot Features: Wooded
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Zoning: 2FAM/RESI
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $169,900
Tax Annual Amount: $2,735
Utilities Details
Cooling Type: Unit 1(None), Unit 2(None)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation

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# 30479006
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