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$473,000
● Multifamily - Off Market

243 Park

bedrooms
5 Beds
bathrooms
0 Bath
square feet
2,400 Ft²
$1,067,754
RealtyHop Estimate
122.50%
Since Dec 1, 2003
National-US
Primary Model

About This Property

NICE 6/7 2FAMILY FEATURES HW FLOORS,UPDATED BATHS,EIKS,REPL- ACEMENT WINDOWS,BUILT IN A/C'S,UPDATED ELECTRIC,FINISHED BA- SEMENT WITH 3/4 BATH.OWNER'S UNIT HAS MODERN KITCHEN&CUSTOM CABINETS&3-4BRS.LOVELY LANDSCAPED FENCED IN YARD,PATIO&PRKG
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$200
Property Type
Multifamily
Property Taxes
$251
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 #30771520)

Price History

Date / Event Date Event Price
Nov 14, 2003 Sold
Premium
Sold
Sep 22, 2003 Listed by RE/MAX Andrew Realty Services $479,900
Listed by RE/MAX Andrew Realty Services

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Pantry), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Family Room)
Appliances: Unit 1(Range), Unit 2(Range, Dishwasher), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: Washer Hookup
Rooms: 13
Basement: Full, Partially Finished, Walk-Out Access
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Enclosed, Patio
Lead Paint: Unknown
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Zoning: RES
Parcel Number: 636759
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $226,600
Tax Annual Amount: $3,009
Utilities Details
Utilities: for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(Wall AC), Unit 2(Wall AC)
Heating Type: Unit 1(Steam, Gas), Unit 2(Steam, Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, 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# 30771520
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