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$370,900
● Condo - Off Market

94 Mechanic #94C

bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,952 Ft²
$912,418
RealtyHop Estimate
143.38%
Since Jan 1, 2003
National-US
Primary Model

About This Property

BEAUTIFUL CONDOMINIUM COMPLEX ON A 3ACRE LOT WITH EXTENSIVE LANDSCAPING ONLY 3UNITS AT THIS PRICE. FIREPLACE,HW,TILE,E ALARM,RECESSED LIGHTS, CHOICE DECK, C/A,CATHEDRAL CEILINGS WALKOUT BAS'T WITH WINDOWS AND SLIDER.1952 ON ONE FLOOR
Unit Size
1,952 Ft²
Days on Market
-
Land Size
2.75 acres
Price per sqft
$192
Property Type
Condo
Property Taxes
$8
HOA Dues
$150
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 #30567814)

Price History

Date / Event Date Event Price
Dec 10, 2002 Sold
Premium
Sold
Dec 20, 2001 Listed by Century 21 The Lovely Agency $374,900
Listed by Century 21 The Lovely Agency

Property Highlights

Air Conditioning
Garage
Interior Details
Level: First
Width: 10
Length: 16
Area: 160
Level: First
Width: 13
Length: 15
Area: 195
Width: 18
Length: 12
Level: First
Area: 216
Length: 18
Level: First
Area: 486
Width: 27
Length: 18
Level: First
Width: 27
Area: 486
Level: First
Length: 15
Width: 18
Area: 270
Features: Yes
Full Bathrooms: 2
Appliances: Gas Water Heater
Flooring Type: Wood, Tile, Carpet
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Actual, To Be Built
PropertySubType: Condominium
Building Name: Rockwood Place
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: None
Lot Size Area: 2.75
Lot Size Units: Acres
Lot Size Acres: 2.75
Zoning: RES
Parcel Number: 4236950
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $100
Tax Annual Amount: $100
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Private Sewer, Private Sewerage
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $150
Community Features: Public Transportation, Shopping

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# 30567814
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