NOT LISTED FOR SALE
4 Beds
4 Baths
3,120 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: January 2, 2020

Last sale price $953,000 $305 Per Sq Ft

25 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Storage Shed

About This Home

As of January 2020

Four unit Multi-Family with all separate utilities well maintained by the same Owner for over 22 years with an excellent rental history. Spacious apartments with eat-in kitchens with three of the units having a pantry for additional storage. Fully rented with a strong cash flow of over $6400 monthly / $77,348 annually. Property has five detached garage units that are rented separately and generate over $1100 monthly / $13680 annually which is included in the previously stated cash flow. Outstanding location with the "T Station" , shopping, restaurants, and all of the area amenities just a few minutes walk. Route 3 and route 93 are very close by which adds to the desirability of this rental property. Group showings by appointment will be scheduled on Monday, October 7th from 10:30 am to noon and Wednesday, October 9th from 3:00 pm to 5:00 pm as the property is fully occupied. Please call / text / email to schedule.

Last Agent to Sell the Property

Robert Germaine

Germaine Realty LLC Listed on: 09/18/2019

Last Buyer's Agent

Danny Zheng

Keller Williams Realty

Keller Williams Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 8,712

Parking

  • 5 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Storage Shed
  • Porch

Additional Features

  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:3056 B:51 L:40

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Insc: 5275
  • Year Built Description: Actual
  • List Price Per Sq Ft: 315.71
  • Comp Based On: Net Sale Price
  • Year Built: 1955
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1955

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 20
  • Basement: Y
  • Basement Features: Full
  • Main Lo: A95624
  • Main So: BB3775
  • Estimated Sq Ft: 3120.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Vinyl
  • Exterior Features: Porch, Storage Shed
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 600
  • Sewer: 1930
  • Electric Features: Circuit Breakers
  • Heat Zones: 4
  • Hot Water: Natural Gas, Electric
  • Utility Connections: for Gas Range, for Electric Range, Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station, University

Lot Info

  • Assessments: 699200.00
  • Acre: 0.20
  • Lot Size: 8573.00
  • Page: 742
  • Parcel Number: M:3056 B:51 L:40
  • Zoning: RESB
  • Lot Description: Paved Drive

Multi Family

  • APOD Available: Yes
  • Heat Units: 4
  • Total Levels: 4
  • Total Rms: 20
  • No Units: 4
  • Mf Type: 4 Family

Tax Info

  • Taxes: 8775.00
  • Assessor Parcel Number: 181463

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2019
Closed on
Jan 2, 2020
Sold by
Bought by
Seller's Agent
Robert Germaine
Germaine Realty LLC
Buyer's Agent
Danny Zheng
Keller Williams Realty
List Price
$985,000
Sold Price
$953,000
Premium/Discount to List
-$32,000
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$561,810
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$953,000 None Available
$250,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $650,000
Previous Owner $375,000
Previous Owner $476,000
Previous Owner $370,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/02/2020 01/02/20 Sold $953,000 -3.2% $305 / Sq Ft
10/13/2019 10/13/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $985,000 -- $316 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,462 $1,167,600 $311,800 $855,800
2024 $12,671 $1,124,300 $297,000 $827,300
2023 $11,551 $1,037,800 $270,200 $767,600
2022 $11,722 $978,500 $225,400 $753,100
2021 $11,363 $936,000 $225,400 $710,600
2020 $9,273 $746,000 $225,400 $520,600
2019 $8,775 $699,200 $212,800 $486,400
2018 $9,041 $677,700 $197,200 $480,500
2017 $8,163 $576,100 $187,800 $388,300
2016 $7,387 $514,400 $163,600 $350,800
2015 $7,255 $496,900 $163,600 $333,300
2014 $7,231 $486,600 $163,600 $323,000
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72567229

MLS Property Information Network (MLS PIN)
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