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$522,500
● Multifamily - Off Market

4-6 Sylvester Rd

bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,121 Ft²
$927,560
RealtyHop Estimate
71.80%
Since Jan 1, 2006
National-US
Primary Model

About This Property

Duplex Style Two-family in Burlington!!  This rare find is located in a convenient area and also in a neighborhood!  Owners unit has all hardwood floors and central air!  Newer kitchen and appliances!  Rented unit features 3 bedrooms with a master on the 1st floor!  Both have seperate basements!  Fenced in yard with 2 storage sheds.  Seconds to major highways!  Make an offer!
Unit Size
2,121 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$255
Property Type
Multifamily
Property Taxes
$268
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 #70214563)

Price History

Date / Event Date Event Price
Dec 2, 2005 Sold
Premium
Sold
Jun 23, 2005 Listed by Fitzgerald & Associates $539,900
Listed by Fitzgerald & Associates

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Ceiling Fans), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher, Disposal), Unit 2(Range), Utility Connections for Electric Dryer
Flooring Type: Wood, Vinyl, Carpet
Laundry Features: Washer Hookup
Rooms: 11
Basement: Full, Interior Entry, Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Duplex
Stories (Total): 4
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Area: 0.33
Lot Size Units: Acres
Lot Size Acres: 0.33
Zoning: RO
Parcel Number: M:000037 P:000106, 395019
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $397,400
Tax Annual Amount: $3,219
Utilities Details
Utilities: for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(Central Air)
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, Shopping, Medical Facility

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# 70214563
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