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$88,000
● Multifamily - Off Market

3117 Main

bedrooms
10 Beds
bathrooms
0 Bath
square feet
4,720 Ft²
$236,414
RealtyHop Estimate
125.16%
Since Oct 1, 2003
National-US
Primary Model

About This Property

GOOD INCOME POTENTIAL.  CONVENIENT IN-TOWN LOCATION.  NEEDS UPDATING.  HEAT ON FIRST FLOOR ONE UNIT ONLY.  ON-STREET PARKING.  STORAGE SHED.
Unit Size
4,720 Ft²
Days on Market
-
Land Size
-
Price per sqft
$22
Property Type
Multifamily
Property Taxes
-
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 #30719607)

Price History

Date / Event Date Event Price
Sep 11, 2003 Sold
Premium
Sold
May 9, 2003 Listed by Sawicki Realty Inc $105,000
Listed by Sawicki Realty Inc

Property Highlights

Parking Details
Parking Features: Other
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Oil Water Heater
Flooring Type: Wood
Rooms: 14
Basement: Full, Interior Entry
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate, Renovated Since, Unknown/Mixed
PropertySubType: Multi Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: See Remarks
Patio and Porch Features: Porch, Enclosed
Lead Paint: Yes
Lot Features: Other
Lot Size Units: Acres
Zoning: COMM/RES
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 88
Tax Assessed Value: $91,000
Utilities Details
Heating Type: Unit 1(Electric)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, 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# 30719607
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