258 BEECH ST
About This Property
With a strong rental market in the area, this property is poised to provide a steady stream of income. Earning potential of $4,000.
Whether you choose to live in one unit and rent out the other, or rent both units, this property offers flexibility and financial rewards.
Private entrance for each of the two units in this spacious duplex, each with their own laundry hook up. Both units have been newly updated - new flooring, updated kitchens and bathrooms. Main level unit has two bedrooms, a laundry/mud room, large living room with a fire place - plus 1.5 bathrooms and a bonus room.
Second floor unit includes a dining area/living room, 2 bedrooms and an additional 3rd bedroom in the attic, plus 1.5 bathrooms.
Property comes with a two car detached garage and a nice rear yard! Garage could potentially be used as extra income.
Additional Highlights:
Separate Utilities: Each unit has its own separate utilities, making it easier for tenants to manage their own bills.
Parking: Detached 2 car garage
Outdoor Space: Great backyard area!
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Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 9, 2025 | Sold | ||
Sold | |||
Nov 30, 2024 | In contract | - | |
In contract | |||
Nov 20, 2024 | Price Decreased |
$330,000
↓ $40K
(10.8%) | |
Price Decreased | |||
Oct 23, 2024 | Price Decreased |
$370,000
↓ $5K
(1.3%) | |
Price Decreased | |||
Sep 1, 2024 | Price Decreased |
$375,000
↓ $20K
(5.1%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/18/2024
| |
Studio
|
-
|
-
|
$395,000
Studio
-
|
$300,000
-24.05%
01/09/2025
|
-
|
Michelle Sitoski
Realty One Group Supreme
|
05/02/2023
| |
Studio
|
-
|
-
|
$219,900
Studio
-
|
$234,900
+6.82%
05/26/2023
|
Chaundra Santangelo
Springer Realty Group
|
Building Info
