$165,000
●
Multifamily -
Off Market
8 Cherry St
Ware, MA 01082
8 Beds
2 Baths
2,840 Ft²
$202,144
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Investors Only!!! Large Renovated 2 Family House with two
large 4 bedrooms apartments on each level. Large eat in kitchens.
Separately metered electric heat and hot water. Plenty of parking -
both units have their own separate multiple parking spaces. Walking
distance to public transportation and stores downtown. Small fenced
in back yard with space for gardening and or grilling. New
vinyl siding, new electric baseboards and new electric water
heaters. Some new insulated windows and doors.
Unit Size
2,840 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$62
Property Type
Multifamily
Property Taxes
$183
HOA Dues
-
Year Built
1900
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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: 5 years ago (MLSPIN #72774152)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Assigned, Paved, Unpaved
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Pantry, Bathroom with Shower Stall, Internet Available - Unknown), Unit 2(Pantry, Bathroom with Shower Stall, Internet Available - Unknown), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Wood, Vinyl, Varies Per Unit, Unit 1(undefined), Unit 2(Wood Flooring)
Rooms: 12
Basement: Full, Interior Entry, Unfinished
Exterior Details
Security Features: Unit 1 Security System, Unit 2 Security System
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 2 Family - 2 Units Up/Down
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Corner Lot, Level
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: I
Parcel Number: M:00061 B:00000 L:00174, 3419696
Water Source: Public
Financial Details
Tax Assessed Value: $106,500
Tax Annual Amount: $2,197
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: Unit 1(Window AC), Unit 2(Window AC)
Heating Type: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/12/2021
| |
8 Bed
|
2 Bath
|
2840 ft²
|
$174,900
8 Bed
2 Bath
2840 ft²
|
$165,000
-5.66%
07/15/2021
|
Michelle Silverio
Century 21 North East
|
|
09/25/2015
| |
4 Bed
|
2 Bath
|
2840 ft²
|
$24,900
4 Bed
2 Bath
2840 ft²
|
$10,000
-59.84%
03/15/2016
|
Janice LaBroad
Keller Williams Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017