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$435,000
● Multifamily - Off Market

96-98 Addison

bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,658 Ft²
$894,245
RealtyHop Estimate
98.77%
Since Oct 1, 2004
National-US
Primary Model

About This Property

Well maintaned two family with an additional separate deeded(non-buildable) 4,640 sq. ft. lot. 11,000+ sq ft. total. Home features, updated kitchens and baths, open floor plan with gleaming hardwood floors.  Beautiful pernnial gardens, a rear find it the city! taxes are combined. Will be delivered vacant.
Unit Size
1,658 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$271
Property Type
Multifamily
Property Taxes
$329
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 #70041533)

Price History

Date / Event Date Event Price
Sep 17, 2004 Sold
Premium
Sold
May 28, 2004 Listed by Cobblestone Real Estate, Inc. $449,900
Listed by Cobblestone Real Estate, Inc.

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Unit 1(Ceiling Fans), Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range), Unit 2(Range), Gas Water Heater
Flooring Type: Wood, Tile
Rooms: 10
Basement: Full, Partially Finished, Walk-Out Access, Concrete
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Enclosed, Patio
Lead Paint: Unknown
Lot Features: Wooded
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Zoning: R3
Parcel Number: 1288470
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $425,900
Tax Annual Amount: $3,952
Utilities Details
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Oil), Unit 2(Electric Baseboard, Oil)
Sewer : Public Sewer, City/Town Sewer
Location Details
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# 70041533
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