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$345,000
● Multifamily - Off Market

38 Oak

bedrooms
6 Beds
bathrooms
2 Baths
square feet
3,097 Ft²
$657,388
RealtyHop Estimate
80.60%
Since Jun 1, 2005
National-US
Primary Model

About This Property

COME VIEW THIS WELL MAINTAINED TWO FAMILY, THIS HOME FEATURES 6  SPACIOUS BEDROOMS , FIREPLACE, HARDWOOD FLOORING THROUGHOUT, NEW REPLACEMENT WINDOWS  UPDATED KITCHEN AND BATHS,POSSIBLY CONVERT TO CONDO'S,  MINUTES FROM HISTORIC TOWN CENTER, SHOPPING AND THE "T" TO BOSTON.
Unit Size
3,097 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$118
Property Type
Multifamily
Property Taxes
$211
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 #70128533)

Price History

Date / Event Date Event Price
May 6, 2005 Sold
Premium
Sold
Dec 29, 2004 Listed by RE/MAX Executive Realty $364,000
Listed by RE/MAX Executive Realty

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, Family Room), Unit 2 Rooms(Living Room, Kitchen, Family Room)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Gas Water Heater, Tank Water Heater
Flooring Type: Wood, Vinyl, Carpet
Rooms: 12
Has Fireplace
Fireplaces: 1
Basement: Full, Bulkhead, Concrete
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Corner Lot, Wooded
Lot Size Area: 0.37
Lot Size Units: Acres
Lot Size Acres: 0.37
Zoning: RES
Parcel Number: 92414
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $229,800
Tax Annual Amount: $2,537
Utilities Details
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Hot Water Radiators, Gas), Unit 2(Hot Water Radiators, Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, 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# 70128533
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