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$252,000
● Multifamily - Off Market

4040A North Blvd

bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,017 Ft²
$635,186
RealtyHop Estimate
128.48%
Since Aug 1, 2003
National-US
Primary Model

About This Property

ACROSS ST FROM WATER AND BEACH ON BACK RIVER WALK TO ONSET VILLAGE AND ONSET BEACH GREAT LOCATION WITH INVESTMENT POTENTIAL.  EASY ACCESS TO TRAIN, ROUTE 495 & 195
Unit Size
2,017 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$138
Property Type
Multifamily
Property Taxes
$200
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 #30618811)

Price History

Date / Event Date Event Price
Jul 17, 2003 Sold
Premium
Sold
Jun 20, 2002 Listed by Robert Paul Properties, Inc. $278,000
Listed by Robert Paul Properties, Inc.

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Water Heater(Varies Per Unit), Utility Connections Varies per Unit
Flooring Type: Varies Per Unit
Laundry Features: Unit 3 Laundry Room
Rooms: 12
Basement: Crawl Space
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 4
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Enclosed, Patio
Lead Paint: Unknown
Lot Features: Flood Plain
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Zoning: RES
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 1
Tax Assessed Value: $144,400
Tax Annual Amount: $2,400
Utilities Details
Utilities: Varies per Unit
Heating Type: Unit 1(Gas), Unit 2(Other (See Remarks)), Unit 3(Electric)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Golf, Laundromat, Other

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# 30618811
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