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$385,000
● Multifamily - Off Market

282 Boston

bedrooms
8 Beds
bathrooms
0 Bath
square feet
3,400 Ft²
$890,860
RealtyHop Estimate
128.48%
Since Aug 1, 2003
National-US
Primary Model

About This Property

282-284 BOSTON ST   SOLID 3 PLUS APPROX. 200+SF OF VACANT OFFICE SPACE    DELEADED, SEP UTIL.  NOTE:  BUYER CAN PURCHASE WITH A MINIMUM DOWN PAYMENT DUE TO SMALL AMOUNT OF OFFICE SPACE.  GREAT DEAL. GOOD RENTS AND NEAR PUBLIC TRANS
Unit Size
3,400 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$115
Property Type
Multifamily
Property Taxes
$332
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 #30703935)

Price History

Date / Event Date Event Price
Jul 29, 2003 Sold
Premium
Sold
Mar 30, 2003 Listed by SAMIR DESAI $389,900
Listed by SAMIR DESAI

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), Unit 2(Range), Unit 3(Range), Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Varies Per Unit
Rooms: 14
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Certified Treated
Lot Features: Corner Lot
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Zoning: RES
Parcel Number: 1993059
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $265,900
Tax Annual Amount: $3,985
Utilities Details
Utilities: for Gas Range
Location Details
Community Features: Public Transportation, Park

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# 30703935
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