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$470,000
● Multifamily - Off Market

87 Monument

bedrooms
6 Beds
bathrooms
0 Bath
square feet
2,792 Ft²
$1,062,914
RealtyHop Estimate
126.63%
Since Sep 1, 2003
National-US
Primary Model

About This Property

DESIRABLE W.MEDFORD UNIQUE 2FAM MUST SEE!! RENOVATED W. SKYLIGHTS,CEILING FANS, AMPLE CLOSETS/STORAGE.NEWER WNDWS, FURNACE,ELECTRIC. ENCLOSED YARD: PATIO AREA, ABOVE GROUND POOL,DECKS. 1 CAR GAR/3+ PVD DRVWY.NEAR COMMUTER RAIL,SHOPS.
Unit Size
2,792 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$168
Property Type
Multifamily
Property Taxes
$287
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 #30719199)

Price History

Date / Event Date Event Price
Aug 1, 2003 Sold
Premium
Sold
May 8, 2003 Listed by RE/MAX Andrew Realty Services $469,000
Listed by RE/MAX Andrew Realty Services

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Ceiling Fans), Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range), Unit 2(Range), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Carpet, Varies Per Unit
Laundry Features: Washer Hookup
Rooms: 11
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Patio
Lead Paint: Unknown
Pool Features: Above Ground
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: RES
Parcel Number: 638591
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $259,000
Tax Annual Amount: $3,440
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, 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# 30719199
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