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$624,750
● Multifamily - Off Market

81 Galen

bedrooms
6 Beds
bathrooms
0 Bath, 1 Half Bath
square feet
3,433 Ft²
$1,452,255
RealtyHop Estimate
125.16%
Since Oct 1, 2003
National-US
Primary Model

About This Property

LARGE PHILADELPHIA STYLE 2 FAMILY NEAR WATERTOWN SQUARE WOOD FLOORS NATURAL WOODWORK, NEWER KITCHEN CABINETS.  NEAR EXPRESS AND BOSTON BUS LINES QUICK ACESS TO PIKE BOTH UNITS CURRENTLY UTILIZED AS 4 BEDROOMS LEASES EXPIRE 8/31/03
Unit Size
3,433 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$188
Property Type
Multifamily
Property Taxes
$366
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: 5 years ago (MLSPIN #30748963)

Price History

Date / Event Date Event Price
Sep 30, 2003 Sold
Premium
Sold
Jul 24, 2003 Listed by RE/MAX Revolution $645,000
Listed by RE/MAX Revolution

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Unit 1(Pantry, Storage, Philadelphia), Unit 2(Pantry, Storage, Philadelphia), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks))
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Oil Water Heater, Gas Water Heater
Flooring Type: Wood, Vinyl
Rooms: 17
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Zoning: RES
Parcel Number: 847116
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $367,500
Tax Annual Amount: $4,388
Utilities Details
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Forced Air, Oil)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails

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: 5 years ago
Data Source: MLS PIN, MLS# 30748963
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