8.44% CAP Rate for Value-Add 3-Family | 52 Dennis Ave
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8.44% CAP Rate for Value-Add 3-Family 52 Dennis Ave
3 Unit Block of Flats £486,334 (£162,111/Unit) 8.44% Net Initial Yield Cranston, RI 02905
Executive Summary
Value-Add, three-unit multifamily. Room to grow rents. Parking. Johnson and Wales neighborhood. New windows, hardwood floors.
Property Facts
Price | £486,334 | Property Subtype | Apartment |
Price Per Unit | £162,111 | Building Class | C |
Sale Type | Investment | Lot Size | 0.06 AC |
Net Initial Yield | 8.44% | Building Size | 2,579 SF |
No. Units | 3 | Number of Floors | 3 |
Property Type | Residential | Year Built | 1910 |
Price | £486,334 |
Price Per Unit | £162,111 |
Sale Type | Investment |
Net Initial Yield | 8.44% |
No. Units | 3 |
Property Type | Residential |
Property Subtype | Apartment |
Building Class | C |
Lot Size | 0.06 AC |
Building Size | 2,579 SF |
Number of Floors | 3 |
Year Built | 1910 |
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Walk Score ®
Very Walkable (71)
PROPERTY TAXES
Parcel Number | CRAN-000002-000004-000394 | Improvements Assessment | £209,124 |
Land Assessment | £77,813 | Total Assessment | £286,937 |
PROPERTY TAXES
Parcel Number
CRAN-000002-000004-000394
Land Assessment
£77,813
Improvements Assessment
£209,124
Total Assessment
£286,937
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8.44% CAP Rate for Value-Add 3-Family | 52 Dennis Ave
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