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$458,900
● Multifamily - Off Market

53 East

bedrooms
5 Beds
bathrooms
0 Bath
square feet
2,391 Ft²
$991,651
RealtyHop Estimate
115.62%
Since Mar 1, 2004
National-US
Primary Model

About This Property

GREAT OPPORTUNITY! PRETTY 10 ROOM 2 FAM OR CONVERT TO SINGLE GREAT LOCATION, WALK TO TOWN, SHOPS, TRAIN. RIVER VIEW! LOVELY YARD, UPDATED WITH LITTLE LEFT TO DO. LEAD CERT. DON'T MISS OUT! LOVELY HOME WITH AN INCOME.
Unit Size
2,391 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$192
Property Type
Multifamily
Property Taxes
$295
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 #30799727)

Price History

Date / Event Date Event Price
Feb 26, 2004 Sold
Premium
Sold
Jan 4, 2004 Listed by Coldwell Banker Realty - Beverly $459,900
Listed by Coldwell Banker Realty - Beverly

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen, Family Room)
Appliances: Unit 1(Range, Dishwasher), Unit 2(Range, Dishwasher, Microwave), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Vinyl, Carpet
Laundry Features: Washer Hookup
Rooms: 10
Basement: Full, Crawl Space
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Certified Treated
Lot Features: Other
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Zoning: IR
Parcel Number: 1955113
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $309,800
Tax Annual Amount: $3,544
Utilities Details
Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
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, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Sidewalks

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# 30799727
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