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$300,700
● Multifamily - Off Market

56 Silver

bedrooms
6 Beds
bathrooms
0 Bath
square feet
2,460 Ft²
$645,013
RealtyHop Estimate
122.50%
Since Dec 1, 2003
National-US
Primary Model

About This Property

OWNER OCCUPIED 2 FAM SURROUNDED BY SINGLE FAMILY HOMES SITUATED ON QUITE A LGE LOT. SEP UTILITIES. 2ND FLR UNIT HAS A NEW KITCHEN W/BUILT IN COUNTER TOP BURNERS & BUILT IN DOUBLE ELECTRIC OVENS & 4 BR GARDEN STYLE
Unit Size
2,460 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$118
Property Type
Multifamily
Property Taxes
$195
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 #30773625)

Price History

Date / Event Date Event Price
Nov 7, 2003 Sold
Premium
Sold
Sep 23, 2003 Listed by The Real Estate Hub, LLC $289,900
Listed by The Real Estate Hub, LLC

Property Highlights

Parking Details
Has Garage
Parking Features: Paved Drive
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Ceiling Fans, Pantry, Storage), Unit 2(Ceiling Fans, Storage), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks))
Appliances: Unit 1(Range, Refrigerator), Unit 2(Wall Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator), Utility Connections for Gas Range, Utility Connections for Electric Oven, Utility Connections for Gas Dryer
Flooring Type: Wood, Vinyl, Carpet
Rooms: 12
Basement: Full, Bulkhead, Dirt Floor
Exterior Details
Year Built Source: Owner
Year Built Details: Approximate
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: Yes
Lot Size Area: 0.31
Lot Size Units: Acres
Lot Size Acres: 0.31
Zoning: TYPC
Parcel Number: 1929326
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 0555
Tax Assessed Value: $176,500
Tax Annual Amount: $2,342
Utilities Details
Utilities: for Gas Range, for Electric Oven, for Gas Dryer
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Hot Water Baseboard, Gas)
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# 30773625
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