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$490,000
● Multifamily - Off Market

547 Broadway

bedrooms
Studio
bathrooms
3 Baths
square feet
3,744 Ft²
$1,172,820
RealtyHop Estimate
95.80%
Since Dec 1, 2004
National-US
Primary Model

About This Property

Well maintained tri-level with much potential. Large units with second or third bedroom potential. Off street parking with large two car garage. Potential for in home business.
Unit Size
3,744 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$160
Property Type
Multifamily
Property Taxes
$408
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 #70040810)

Price History

Date / Event Date Event Price
Nov 23, 2004 Sold
Premium
Sold
May 27, 2004 Listed by Keller Williams Realty $599,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street, On Street
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Ceiling Fans), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks)), Unit 3 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks))
Appliances: Unit 1(Range), Unit 2(Wall Oven, Countertop Range), Unit 3(Range), Oil Water Heater, Gas Water Heater, Water Heater(Varies Per Unit), Utility Connections for Gas Range, Utility Connections Varies per Unit
Flooring Type: Wood, Vinyl, Carpet, Varies Per Unit
Laundry Features: Washer Hookup
Rooms: 15
Basement: Full, Interior Entry, Garage Access
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame, Brick, Stone
Patio and Porch Features: Porch, Enclosed, Patio, Covered
Lead Paint: Unknown
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Zoning: mix use
Parcel Number: 751817
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $382,100
Tax Annual Amount: $4,897
Utilities Details
Utilities: for Gas Range, Washer Hookup, Varies per Unit
Heating Type: Unit 1(Central Heat, Hot Water Baseboard, Gas), Unit 2(Central Heat, Hot Water Baseboard, Oil), Unit 3(Gas, Individual, Unit Control)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Laundromat, 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# 70040810
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