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$249,900
● Multifamily - Off Market

7 Shepard

bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,411 Ft²
$492,930
RealtyHop Estimate
97.25%
Since Nov 1, 2004
National-US
Primary Model

About This Property

Well kept 2 family, w/w carpet, HDWDs, fireplace, fenced yard, newer roof and windows,possible in-law suite, 2-3 bedrooms in unit 2.  Motivated seller, bring offers.
Unit Size
2,411 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$104
Property Type
Multifamily
Property Taxes
$174
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 #70075936)

Price History

Date / Event Date Event Price
Oct 27, 2004 Sold
Premium
Sold
Aug 12, 2004 Listed by Allsprings Realty $249,900
Listed by Allsprings Realty

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Other
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Ceiling Fans, Lead Certification Available), Unit 2(Lead Certification Available), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator, Washer, Dryer), Unit 2(Range, Refrigerator), Gas Water Heater
Flooring Type: Wood, Vinyl, Carpet
Rooms: 11
Has Fireplace
Fireplaces: 1
Basement: Full, Finished, Walk-Out Access
Exterior Details
Security Features: Unit 1 Security System
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
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: Deck
Lead Paint: Certified Treated
Lot Features: Corner Lot
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Zoning: RG5
Parcel Number: 1767715
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 06
Tax Assessed Value: $141,300
Tax Annual Amount: $2,084
Utilities Details
Heating Type: Unit 1(Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Medical Facility, Laundromat

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# 70075936
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