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$234,000
● Multifamily - Off Market

354 Main

bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,881 Ft²
$671,917
RealtyHop Estimate
144.33%
Since Dec 1, 2002
National-US
Primary Model

About This Property

LOCATION, LOCATION, LOCATION!! ALMOST AN ACRE ON JOSLIN PARK ZONED CENTRAL PROFESSIONAL FOR PRIME OFFICE SPACE. CURRENTLY A 4 FAMILY.  RENTS COULD BE HIGHER.  2 CAR GARAGE. THERE ARE ENDLESS POSSIBILITIES.
Unit Size
1,881 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$146
Property Type
Multifamily
Property Taxes
$171
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 #30582895)

Price History

Date / Event Date Event Price
Nov 1, 2002 Sold
Premium
Sold
Feb 26, 2002 Listed by ERA Key Realty Services- Auburn $275,000
Listed by ERA Key Realty Services- Auburn

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Off Street
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Oil Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Rooms: 13
Basement: Full, Bulkhead, Concrete
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 4 Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Features: Other
Lot Size Area: 0.83
Lot Size Units: Acres
Lot Size Acres: 0.83
Zoning: CP
Parcel Number: 4244820
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 34B
Tax Assessed Value: $140,400
Tax Annual Amount: $2,050
Utilities Details
Utilities: for Electric Range, for Electric Dryer
Heating Type: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Radiators), Unit 3(Hot Water Baseboard), Unit 4(Hot Water Baseboard)
Sewer : Private Sewer, Private Sewerage
Location Details
Community Features: Public Transportation, 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# 30582895
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