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$352,900
● Multifamily - Off Market

36 School

bedrooms
5 Beds
bathrooms
0 Bath, 2 Half Baths
square feet
2,014 Ft²
$821,136
RealtyHop Estimate
138.08%
Since Apr 1, 2003
National-US
Primary Model

About This Property

SELLER PD $8K CLOSING COSTS. 1-SEMI FINISHED RM IN BSMNT FOR 3RD BDRM..NEEDS HEAT HOOKED UP.4 YR OLD VINYL AND ROOF. EA SIDE W/ SM REAR DECK ,YARD,SEP BSM W W/D HU,1.5 BTHS, 1ST FL W KITCH,LR,1/2 BA, 2ND FL:2 BDRMS,FULL BA. SOLD EMPTY
Unit Size
2,014 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$171
Property Type
Multifamily
Property Taxes
$225
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: 5 years ago (MLSPIN #30679564)

Price History

Date / Event Date Event Price
Mar 14, 2003 Sold
Premium
Sold
Jan 12, 2003 Listed by Ricci Realty Group $344,900
Listed by Ricci Realty Group

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 2
Full Bathrooms: 2
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range), Unit 2(Range), Gas Water Heater, Tank Water Heater, Utility Connections for Electric Dryer
Flooring Type: Wood, Vinyl
Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
Rooms: 9
Basement: Full, Partially Finished
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Duplex
Stories (Total): 5
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.04
Lot Size Units: Acres
Lot Size Acres: 0.04
Zoning: RES
Parcel Number: 2132952
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $199,500
Tax Annual Amount: $2,699
Utilities Details
Utilities: for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard, Gas)
Sewer : Public Sewer, City/Town Sewer
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: 5 years ago
Data Source: MLS PIN, MLS# 30679564
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