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$350,000
● Multifamily - Off Market

31 Alice

bedrooms
5 Beds
bathrooms
0 Bath
square feet
2,660 Ft²
$788,037
RealtyHop Estimate
123.87%
Since Nov 1, 2003
National-US
Primary Model

About This Property

3 UNIT WELL MAINTAINED 2ND AND 3RD FLOOR CAN BE 1 OR 2 BDRM 24 HOUR NOTICE
Unit Size
2,660 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$132
Property Type
Multifamily
Property Taxes
$272
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 #30760097)

Price History

Date / Event Date Event Price
Oct 16, 2003 Sold
Premium
Sold
Aug 23, 2003 Listed by Armstrong Field Real Estate $352,000
Listed by Armstrong Field Real Estate

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, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Tile, Carpet
Rooms: 12
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: None, Unknown
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Zoning: RES
Parcel Number: 1998920
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $246,600
Tax Annual Amount: $3,258
Utilities Details
Utilities: for Gas Range
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Forced Air, Oil), Unit 2(Forced Air, Oil), Unit 3(Hot Water Baseboard)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Park, Sidewalks

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# 30760097
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