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$580,000
● Multifamily - Off Market

2989 Washington

bedrooms
8 Beds
bathrooms
4 Baths
square feet
2,277 Ft²
$1,221,553
RealtyHop Estimate
103.93%
Since Jul 1, 2004
National-US
Primary Model

About This Property

This is a typial South End victorian row house four family. Conveniently located in the emerging Egelston Sq. area. On bus line and very close to Orange line. Building was completely rehabbed. Nothing left for new owner to do. All units have open living space, hardwood floors, high ceilings, and decks. Basement has washer/dryer hookup and storage space. Back yard for possible parking spaces.
Unit Size
2,277 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$263
Property Type
Multifamily
Property Taxes
$228
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 #70005787)

Price History

Date / Event Date Event Price
Jun 2, 2004 Sold
Premium
Sold
Mar 12, 2004 Listed by Reside Real Estate Company $599,000
Listed by Reside Real Estate Company

Property Highlights

Air Conditioning
Parking Available
Parking Details
Parking Features: On Street, Other
Interior Details
Full Bathrooms: 4
Interior Features: Unit 4 Rooms(Other (See Remarks))
Appliances: Range, Unit 1(Range), Unit 2(Range), Unit 3(Range), Unit 4(Range), Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Wood, Vinyl
Rooms: 12
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 4 Family
Stories (Total): 10
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Features: Other
Lot Size Area: 0.04
Lot Size Units: Acres
Lot Size Acres: 0.04
Zoning: resd
Parcel Number: 3397967
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $218,500
Tax Annual Amount: $2,738
Utilities Details
Utilities: for Electric Range
Cooling Type: Window Unit(s), Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
Heating Type: Baseboard, Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard), Unit 3(Hot Water Baseboard), Unit 4(Hot Water Baseboard)
Location Details
Community Features: Public Transportation, Shopping, 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# 70005787
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