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$240,000
● Multifamily - Off Market

5-7 Ellen

bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,352 Ft²
$483,067
RealtyHop Estimate
97.25%
Since Nov 1, 2004
National-US
Primary Model

About This Property

Lovely updated two family that has extra storage and space in the basement.  Offers 10 rooms, four bedrooms, one car driveway per unit, backyard with deck, near the water.
Unit Size
3,352 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$73
Property Type
Multifamily
Property Taxes
$172
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70056413)

Price History

Date / Event Date Event Price
Oct 18, 2004 Sold
Premium
Sold
Jun 29, 2004 Listed by Homefront Realty LLC $244,900
Listed by Homefront Realty LLC

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Storage), Unit 2(Storage), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher), Unit 2(Range, Dishwasher), Gas Water Heater
Flooring Type: Wood, Carpet
Rooms: 10
Basement: Full, Partial, Partially Finished, Bulkhead
Exterior Details
Security Features: Unit 1 Security System, Unit 2 Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Stories (Total): 4
Building Area Units: Square Feet
Construction Materials: Stone
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Area: 0.14
Lot Size Units: Acres
Lot Size Acres: 0.14
Zoning: 2rb
Parcel Number: 14 166, 2884345
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $167,990
Tax Annual Amount: $2,066
Utilities Details
Heating Type: Unit 1(Electric), Unit 2(Electric)
Sewer : Public Sewer, City/Town Sewer

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# 70056413
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