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$230,000
● Multifamily - Off Market

47 West Main St

bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,444 Ft²
$482,801
RealtyHop Estimate
98.77%
Since Oct 1, 2004
National-US
Primary Model

About This Property

WELL MANTAINED 2FAMILY, 6ROOMS,THREE BEDROOMS, ALL LARGE ROOMS,TWO CAR GARAGE WITH FULL BASEMENT UNDER.... IDEAL FOR MECHANIC, HANDYMAN, ETC.
Unit Size
2,444 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$99
Property Type
Multifamily
Property Taxes
$128
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 #70068063)

Price History

Date / Event Date Event Price
Sep 1, 2004 Sold
Premium
Sold
Jul 25, 2004 Listed by C. Allen Realty $242,900
Listed by C. Allen Realty

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Off Street
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Pantry), Unit 2(Pantry), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(None), Unit 2(None), Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Vinyl, Carpet
Rooms: 12
Basement: Full, Bulkhead, Concrete
Exterior Details
Year Built Source: Appraiser
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Yes
Lot Features: Easements
Lot Size Area: 0.3
Lot Size Units: Acres
Lot Size Acres: 0.3
Zoning: Bus-15
Parcel Number: 3838170
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 213
Tax Assessed Value: $145,200
Tax Annual Amount: $1,536
Utilities Details
Utilities: for Electric Range
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard, Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Shopping, Golf

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# 70068063
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