$465,000
●
Multifamily -
Off Market
10-12 Chatham Road
Everett, MA 02149
6 Beds
3 Baths
2,568 Ft²
$844,747
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model
About This Property
ALL OFFERS MUST BE SUBMITTED BY 5:00 PM ON WEDS 4/16/2014.
GREAT CASH FLOW! COMPLETELY RENOVATED!! 3 FAMILY on
quite family street in heart of city near PUBLIC TRANSPORTATION.
FRONT & REAR porches. MAINTENANCE-FREE VINYL SIDING. PAVED DRIVEWAY
w/3 off-street PARKING SPACES. NEWER windows. NEWER kitchen
cabinets & counter tops, NEWER kitchen floors, NEWER gas stoves
w/hood. NEWLY RENOVATED BATHROOMS. HARDWOOD FLOORS in all 3 units.
2 NEW GAS FHA furnaces and 3 NEW GAS hot water tanks. Separate
ELECTRIC & GAS meters. NEW Coin-Op WASHER & DRYER in the basement.
DRY, CLEAN, FRESHLY PAINTED basement w/NEWER WINDOWS.
NEWLY REBUILT CHIMNEY w/NEW LINER and CHIMNEY CAP.
NEWER REAR DECK AND STAIRS. 2ND & 3RD FLOOR UNITS WILL BE
DELIVERED VACANT AT CLOSING. 1ST FLOOR UNIT LEASE ENDS AUGUST 2014.
ALL BUYERS SUBMITTING OFFERS MUST BE PRE-APPROVED BY TOP FLITE
FINANCIAL.
Unit Size
2,568 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$181
Property Type
Multifamily
Property Taxes
$356
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: 5 years ago (MLSPIN #71654789)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2014 | Sold | ||
| Sold | |||
| Apr 3, 2014 | Listed by Trinity Real Estate | $465,000 | |
| Listed by Trinity Real Estate | |||
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Paved
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Ceiling Fans, Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower), Unit 3(Ceiling Fans, Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Kitchen)
Appliances: Unit 1(Range, Disposal, Vent Hood), Unit 2(Range, Disposal, Vent Hood), Unit 3(Range), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
Laundry Features: Washer Hookup
Rooms: 11
Basement: Full, Interior Entry, Sump Pump
Exterior Details
Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lead Paint: None, Certified Treated
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Zoning: RES
Water Source: Public
Financial Details
Tax Assessed Value: $273,200
Tax Annual Amount: $4,273
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None), Unit 3(None)
Heating Type: Unit 1(Forced Air, Gas, Unit Control), Unit 2(Forced Air, Gas, Unit Control), Unit 3(Electric Baseboard, Unit Control)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station, University, Sidewalks
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/03/2014
| |
6 Bed
|
3 Bath
|
2568 ft²
|
$465,000
6 Bed
3 Bath
2568 ft²
|
$465,000
05/30/2014
|
Annemarie Torcivia
Trinity Real Estate
|
|
11/05/2012
| |
6 Bed
|
3 Bath
|
2148 ft²
|
$334,900
6 Bed
3 Bath
2148 ft²
|
$355,000
+6.00%
03/01/2013
|
Jody Fricia Geany
Citylight Homes LLC
|
|
05/12/1998
| |
5 Bed
|
-
|
2604 ft²
|
$189,900
5 Bed
-
2604 ft²
|
$175,000
-7.85%
10/05/1998
|
Mark Warren
Century 21 North East
|
Building Info
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