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$333,000
● Multifamily - Off Market

49-51 Seventh Ave

bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,280 Ft²
$665,512
RealtyHop Estimate
95.80%
Since Dec 1, 2004
National-US
Primary Model

About This Property

extremely well maintained owner occupied 2-family in pawtucketville.  Each unit has 2 Bedrooms, Large Eat-in Kitchens and 3-Season Porches.  Basement has been roughed in and waiting to be finished.  Great Opportunity to Own a Home and Collect Rent to help pay your mortgage.
Unit Size
2,280 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$149
Property Type
Multifamily
Property Taxes
$208
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 #70094340)

Price History

Date / Event Date Event Price
Nov 1, 2004 Sold
Premium
Sold
Sep 22, 2004 Listed by AMB Realty Group $339,900
Listed by AMB Realty Group

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), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range), Unit 2(Range), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
Flooring Type: Carpet
Rooms: 8
Basement: Full
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: None
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: res
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $181,300
Tax Annual Amount: $2,497
Utilities Details
Utilities: for Gas Range, for Electric Range
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, 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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Currently no similar homes around
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70094340
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