NOT LISTED FOR SALE
10 Beds
8.5 Baths
7,280 Sq Ft
0.74 Acres

Last Sold August 25, 2022

Last sale price $1,200,000 $165 Per Sq Ft

76 Days on Market

Highlights

  • 0.74 Acre Lot
  • Wood Flooring
  • Enclosed Patio or Porch
  • Wooded Lot
  • 2 Fireplaces
  • 5-minute walk to Dix Park

About This Home

As of August 2022

Landmark multi-unit investment opportunity. Originally part of the Webster estate, this property features old world charm, some large apartments as well as 3 one bedrooms. Ample onsite parking. Located just outside village, just minutes to commuter rail, West Beach, restaurants & shops. A unique opportunity to invest in area surrounded by new homes selling for $1.2-$1.8 million. Option to buy together with 1 Hickory Hill or individually.

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 05/16/2022

Last Buyer's Agent

Gary Blattberg

RE/MAX Beacon

RE/MAX Beacon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,000

Year Built

  • Built in 1900

Lot Details

  • 0.74 Acre Lot
  • Wooded Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 7,280 Sq Ft Home
  • 2 Fireplaces
  • Partial Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 10 Bedrooms

Parking

  • 12 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • 1 Heating Zone
  • Oil Water Heater

Listing and Financial Details

  • Total Actual Rent $9,500
  • Assessor Parcel Number 4613620

Community Details

Overview

  • 6 Units
  • Property has 2 Levels

Building Details

  • Insurance Expense $3,600
  • Water Sewer Expense $2,800
  • Operating Expense $18,400
  • Net Operating Income $90,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,000

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 10

Interior Features

  • Flooring: Wood,Carpet
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Oil Water Heater
  • Total Bedrooms: 10
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 9
  • Basement: Partial
  • Living Area: 7280
  • Stories Total: 10
  • MAIN LO: AN6507
  • MAIN SO: AN4305

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Private)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Fee Information

  • Water Sewer Expenses: 2800

Lot Info

  • Parcel Number: 4613620
  • Zoning: R15
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 0.74
  • Lot Size Sq Ft: 32022
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 17000

Multi Family

  • Insurance Expense: 3600
  • Net Operating Income: 90800
  • Number Of Units Total: 6
  • Operating Expense: 18400
  • Total Actual Rent: 9500
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Sold $1,200,000 -6.9% $165 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/25/2022 07/25/22 Price Changed $1,289,500 -0.4% $177 / Sq Ft
07/25/2022 07/25/22 For Sale $1,295,000 0.0% $178 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/05/2022 07/05/22 Price Changed $1,295,000 0.0% $178 / Sq Ft
07/05/2022 07/05/22 For Sale $1,295,000 +7.9% $178 / Sq Ft
06/18/2022 06/18/22 Off Market $1,200,000 -- --
06/10/2022 06/10/22 Price Changed $1,395,000 -6.7% $192 / Sq Ft
05/31/2022 05/31/22 Price Changed $1,495,000 -6.3% $205 / Sq Ft
05/16/2022 05/16/22 For Sale $1,595,000 -- $219 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $13,397 $1,219,000 $609,100 $609,900
2024 $13,777 $1,226,800 $573,100 $653,700
2023 $16,732 $1,486,000 $576,300 $909,700
2022 $15,052 $1,236,800 $423,600 $813,200
2021 $15,114 $1,190,100 $402,600 $787,500
2020 $14,975 $1,167,200 $379,700 $787,500
2019 $17,746 $1,343,400 $318,800 $1,024,600
2018 $13,308 $978,500 $335,600 $642,900
2017 $11,548 $808,700 $271,500 $537,200
2016 $11,131 $773,500 $271,500 $502,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72982078

MLS Property Information Network (MLS PIN)