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$370,000
● Multifamily - Off Market

84-86 Granite

bedrooms
8 Beds
bathrooms
0 Bath
square feet
3,688 Ft²
$816,914
RealtyHop Estimate
120.79%
Since Jan 1, 2004
National-US
Primary Model

About This Property

THIS 4-FAMILY IS IN A LOVELY CORNER LOT WITH PLENTY OF PARKING AND LARGE YARD. INTERIOR WAS COMPLETELY REMODELED WITH QUALITY MATERIALS. UPDATES INCLUDE WINDOWS, WIRING, PLUMBING, HEATING SYSTEMS, COIN-OP LAUNDRY IN BASEMENT.
Unit Size
3,688 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$100
Property Type
Multifamily
Property Taxes
$241
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 #30703287)

Price History

Date / Event Date Event Price
Dec 19, 2003 Sold
Premium
Sold
Mar 28, 2003 Listed by Real Estate Marketplace $370,000
Listed by Real Estate Marketplace

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street
Garage Spaces: 3
Interior Details
Full Bathrooms: 4
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Appliances: Washer, Dryer, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Carpet
Laundry Features: Laundry Room
Rooms: 16
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 4 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.25
Lot Size Units: Acres
Lot Size Acres: 0.25
Zoning: MF
Parcel Number: 1794629
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $178,700
Tax Annual Amount: $2,888
Utilities Details
Utilities: for Electric Range
Heating Type: Unit 1(Central Heat, Gas), Unit 2(Central Heat, Gas), Unit 3(Central Heat, Gas), Unit 4(Central Heat, Gas)
Location Details
Community Features: Public Transportation

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# 30703287
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