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$135,500
● Multifamily - Off Market

83-85 Thompson

bedrooms
8 Beds
bathrooms
2 Baths
square feet
3,316 Ft²
$266,464
RealtyHop Estimate
91.87%
Since Feb 1, 2005
National-US
Primary Model

About This Property

HISTORIC DISTRICT, HILL MCKNIGHT OWNER OCCUPIED FOR 49 YEARS. VYNAL SIDED IN 1999 IN SHINGLE DESIGN IN ACCORDANCE WITH HITORICAL COM. NEW ROOF IN 2001. FIREPLACES IN BOTH APTS NEED TO BE RE-FLUED. ALL SEPARATE UTILITIES. INSIDE NEEDS FRESH PAINT. 1ST FL INCLUDES 3YR OLD WASHER & 2YR OLD STOVE. NEW WINDOWS IN 1ST FL KIT,PTRY& DR. INCLUDES POOL TABLE IN PARTIALLY FINISHED BASEMENT, AND PIANO ON 1ST FL. SEC SYSTEM ON 1ST FLOOR. 2nd FL HAS ALL ORIGINAL WOODWORK, & INC. STOVE. WASHER HOOKUPS EACH FL
Unit Size
3,316 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$42
Property Type
Multifamily
Property Taxes
$120
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 #70107946)

Price History

Date / Event Date Event Price
Jan 14, 2005 Sold
Premium
Sold
Oct 21, 2004 Listed by Berkshire Hathaway HomeServices Realty Professionals $138,880
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Parking Details
Parking Features: Paved Drive
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Storage), Unit 2(Pantry, Storage), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Disposal, Washer), Oil Water Heater, Tank Water Heaterless, Utility Connections for Electric Range
Flooring Type: Wood, Vinyl, Carpet
Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
Rooms: 12
Has Fireplace
Fireplaces: 2
Exterior Details
Security Features: Unit 1 Security System
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
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 Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Zoning: 2 family
Parcel Number: 252810115250000000000006600000000000, 2608978
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 011525
Tax Assessed Value: $76,000
Tax Annual Amount: $1,443
Utilities Details
Utilities: for Electric Range, Washer Hookup
Heating Type: Unit 1(Hot Water Radiators, Oil, Unit Control), Unit 2(Hot Water Radiators, Oil, Unit Control)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, 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# 70107946
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