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$400,000
● Multifamily - Off Market

23 Osborne

bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,100 Ft²
$710,848
RealtyHop Estimate
73.80%
Since Oct 1, 2005
National-US
Primary Model

About This Property

SPACIOUS 2 FAMILY IN DESIRABLE NORTH SALEM LOCATION, JUST A BLOCK FROM THE WATER. NEW SIDING AND REPLACEMENT WINDOWS. OWNERS UNIT ON 2ND AND THIRD FLOOR WITH THREE BEDROOMS AND 1 1/2 BATHS. HUGE FENCED YARD, BRICKED PATIO, AND 2 CAR GARAGE.CONTINGENT UPON SELLER FINDING SUITABLE HOUSING.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$195
Property Type
Multifamily
Property Taxes
$281
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 #70210539)

Price History

Date / Event Date Event Price
Sep 23, 2005 Sold
Premium
Sold
Jun 16, 2005 Listed by NORTHEAST REALTYPARTNERS $409,000
Listed by NORTHEAST REALTYPARTNERS

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Off Street
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Unit 1 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen, Other (See Remarks))
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Gas Water Heater
Flooring Type: Wood, Carpet
Rooms: 8
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Features: Other
Lot Size Units: Acres
Zoning: R2
Parcel Number: 2133291
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $294,900
Tax Annual Amount: $3,371

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# 70210539
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