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$482,000
● Multifamily - Off Market

31-33 Chestnut St

bedrooms
9 Beds
bathrooms
3 Baths
square feet
3,142 Ft²
$826,222
RealtyHop Estimate
72.49%
Since Dec 1, 2005
National-US
Primary Model

About This Property

Large & spacious 5/5/5 3 fam, 3 bedrooms in each apartment. First floor completely renovated.  2 entrances to the backyard.  Full basement for storage. Similar units.   EIK's, full baths, hardwood floors, 3 bedrms.    Large spacious backyard for parking for approximately 8 cars.  Some newer windows, one newer heating system, 100amp c/b, front and back porches, near Swampscott.
Unit Size
3,142 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$152
Property Type
Multifamily
Property Taxes
$295
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 #70221727)

Price History

Date / Event Date Event Price
Nov 17, 2005 Sold
Premium
Sold
Jul 8, 2005 Listed by Castillon Realty $479,000
Listed by Castillon Realty

Property Highlights

Parking Details
Parking Features: Paved Drive
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)
Rooms: 15
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Lead Paint: None, Certified Treated
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Zoning: res
Parcel Number: B:519 L:038 S:001, 2000122
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $348,000
Tax Annual Amount: $3,543
Utilities Details
Heating Type: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
Location Details
Community Features: Public Transportation, Shopping

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

Similar Homes for Sale

Currently no similar homes around
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70221727
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