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$118,400
● Multifamily - Off Market

93 Fairfax

bedrooms
8 Beds
bathrooms
0 Bath
square feet
4,414 Ft²
$433,939
RealtyHop Estimate
261.92%
Since Jul 1, 1997
National-US
Primary Model

About This Property

BETTER HOMES:VERY UNIQUE MULTI FAMILY.ONE OF THE OLDEST HOMES ON VERNON HILL.3/4 UNITS MAKE IT GOOD FOR OWNER OCCUPIED OR INVESTOR.EXCELLENT INCOME POTENTIAL.GREAT LOCATION FOR HIGHWAYS & SHOPPING.OFF STREET PARKING FOR 4
Unit Size
4,414 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$27
Property Type
Multifamily
Property Taxes
$184
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: 4 years ago (MLSPIN #30149823)

Price History

Date / Event Date Event Price
Jun 25, 1997 Sold
Premium
Sold
Feb 28, 1997 Listed by Bill Quiry Realtor $119,900
Listed by Bill Quiry Realtor

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 4
Interior Features: Unit 1(Pantry), Unit 2(Pantry), Unit 1 Rooms(Living Room)
Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range), Unit 4(Range, Refrigerator)
Flooring Type: Wood, Vinyl
Laundry Features: Unit 1 Laundry Room
Rooms: 18
Has Fireplace
Fireplaces: 1
Basement: Full
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 7
Building Area Units: Square Feet
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Zoning: MULTI
Parcel Number: 1772671
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $118,500
Tax Annual Amount: $2,212
Utilities Details
Heating Type: Unit 1(Steam, Gas), Unit 2(Steam, Gas), Unit 3(Gas), Unit 4(Steam, Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Park, Medical Facility

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# 30149823
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