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$113,000
● Multifamily - Off Market

35-37 Summit

bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,680 Ft²
$267,928
RealtyHop Estimate
133.18%
Since Jun 1, 2003
National-US
Primary Model

About This Property

HARD TO FIND UPDATED DUPLEX IN WEST SIDE, NEWER ROOF WINDOWS, GAS FURNACE AND GAS HOT WATER HEATER, OFF STREET, PAVED PARKING. TO BE SOLD W/ 39-41 SUMMIT.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$68
Property Type
Multifamily
Property Taxes
$127
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 #30692349)

Price History

Date / Event Date Event Price
May 2, 2003 Sold
Premium
Sold
Feb 24, 2003 Listed by Neilsen Realty LLC $114,900
Listed by Neilsen Realty LLC

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, 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, Utility Connections for Electric Range
Flooring Type: Vinyl, Carpet
Laundry Features: Washer Hookup
Rooms: 8
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Duplex
Structure Type: House
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Modular
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Zoning: RB
Parcel Number: 2662914
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 104
Tax Assessed Value: $86,300
Tax Annual Amount: $1,524
Utilities Details
Utilities: for Electric Range, Washer Hookup
Heating Type: Unit 1(Central Heat, Forced Air, Gas), Unit 2(Central Heat, Forced Air, Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Laundromat

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# 30692349
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