$199,900
●
Multifamily -
Off Market
399 Orange
Springfield, MA
18 Beds
4 Baths
5,400 Ft²
$340,346
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model
About This Property
6 family unit - 3 units on each side, private rear entrances,
common entrance in the front. Property is being sold as is
where is - must have preapproval letter to write offer. 4
units vacant easy show. Good income producer if brought up to
standards. Has lead certs, breakers good investor parcel.
Unit Size
5,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$37
Property Type
Multifamily
Property Taxes
$201
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 #70457683)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 18, 2007 | Sold | ||
| Sold | |||
| Sep 14, 2006 | Listed by Paradise Real Estate | $199,900 | |
| Listed by Paradise Real Estate | |||
Property Highlights
Parking Available
Fireplace
Parking Details
Parking Features: Shared Driveway, Off Street
Interior Details
Full Bathrooms: 6
Interior Features: Studio, Philadelphia, Living Room, Other (See Remarks), Loft, Unit 1(Studio, Philadelphia), Unit 2(Studio, Philadelphia), Unit 3(Ceiling Fans, Pantry, Cedar Closet), Unit 4(Studio, Philadelphia)
Appliances: Trash Compactor, Other, None, Unit 1(Other (See Remarks), None), Unit 2(Other (See Remarks), None), Unit 3(Other (See Remarks), None), Unit 4(Compactor, Other (See Remarks), None), Gas Water Heater, Utility Connections for Electric Range, Utility Connections Varies per Unit
Flooring Type: Other, Unit 3(Tile Floor)
Rooms: 30
Has Fireplace
Fireplace Features: Unit 3(Fireplace - Wood burning)
Basement: Full, Bulkhead, Concrete
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 5-9 Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Covered
Lead Paint: Certified Treated
Lot Size Units: Acres
Zoning: R2
Parcel Number: 093400092, 2599079
Water Source: Public, Other, City/Town Water
Financial Details
Tax Assessed Value: $277,200
Tax Annual Amount: $2,415
Utilities Details
Utilities: for Electric Range, Varies per Unit
Cooling Type: Dual, Geothermal, High Seer Heat Pump (12+), Unit 1(2 Units, Geothermal Heat Pump, High Seer Heat Pump (12+)), Unit 2(Geothermal Heat Pump, High Seer Heat Pump (12+)), Unit 3(2 Units, Geothermal Heat Pump, High Seer Heat Pump (12+)), Unit 4(2 Units, Geothermal Heat Pump, High Seer Heat Pump (12+))
Heating Type: Hot Water, Unit Control, Wall Furnace, Unit 1(Hot Water Baseboard, Gas, Individual, Unit Control, Wall Unit), Unit 2(Hot Water Baseboard, Gas, Individual, Unit Control, Wall Unit), Unit 3(Hot Water Baseboard, Gas, Individual, Unit Control, Wall Unit), Unit 4(Hot Water Baseboard, Gas, Individual, Unit Control, Wall Unit)
Sewer : Other, Other (See Remarks)
Location Details
Community Features: Public Transportation, Shopping, Park, Sidewalks
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017