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$300,000
● Multifamily - Off Market

30 Hancock

bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,362 Ft²
$603,860
RealtyHop Estimate
88.77%
Since Mar 1, 2005
National-US
Primary Model

About This Property

EXCEPTIONAL DELEADED TWO FAMILY IN A GREAT FAMILY NEIGHBORHOOD.  EACH UNIT HAS EXTRA LARGE ROOMS WITH HIGH CEILINGS & 3 BEDROOMS, LR, KITCHEN.  FEATURES INCLUDE VINYL SIDING, NEWER WINDOWS AND ROOF, FENCED IN YARD, OFF-STREET PARKING.  THE THIRD FLOOR OF THIS PROPERTY HAS 3-4 LARGE ADDITIONAL ROOMS THAT HAVE NEW WINDOWS AND RE-PLASTERED WALLS AND CAN READILY CONVERT TO TOWNHOUSE STYLE FOR THE  2ND FLOOR UNIT [PERFECT FOR OWNER OCCUPANT]. LETTERS OF LEAD ABATEMENT COMPLIANCE FOR BOTH UNITS.
Unit Size
2,362 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$135
Property Type
Multifamily
Property Taxes
$199
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 #70121322)

Price History

Date / Event Date Event Price
Feb 18, 2005 Sold
Premium
Sold
Nov 29, 2004 Listed by Realty One Group Nest $319,900
Listed by Realty One Group Nest

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Gas Water Heater
Flooring Type: Varies Per Unit
Rooms: 10
Basement: Full, Walk-Out Access, Interior Entry
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
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Other
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: res
Parcel Number: 1926947
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 520
Tax Assessed Value: $246,100
Tax Annual Amount: $2,386
Utilities Details
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard, Gas)
Sewer : Public Sewer, City/Town Sewer
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# 70121322
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