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$332,500
● Multifamily - Off Market

23-25 New St

bedrooms
8 Beds
bathrooms
3 Baths
square feet
2,440 Ft²
$612,034
RealtyHop Estimate
74.92%
Since Sep 1, 2005
National-US
Primary Model

About This Property

Wonderful 3 Family in move in condition with great rents - Sep. utilities, off street parking, replacement windows, updated services - New roof (9 mo.).  Lead abatement compliant.  Easy to show.
Unit Size
2,440 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$143
Property Type
Multifamily
Property Taxes
$221
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 #70202267)

Price History

Date / Event Date Event Price
Aug 30, 2005 Sold
Premium
Sold
Jun 1, 2005 Listed by Century 21 Mclennan & Company $349,900
Listed by Century 21 Mclennan & Company

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
Flooring Type: Carpet, Varies Per Unit
Laundry Features: Washer Hookup
Rooms: 14
Basement: Full, Interior Entry, Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Zoning: RES
Parcel Number: 1922294
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $247,200
Tax Annual Amount: $2,648
Utilities Details
Utilities: for Gas Range, for Electric Range, Washer Hookup
Heating Type: Unit 1(Hot Water Baseboard, Gas, Individual), Unit 2(Hot Water Baseboard, Gas, Individual), Unit 3(Hot Water Baseboard, Gas, Individual)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Laundromat, 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# 70202267
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