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$768,000
● Multifamily - Off Market

16 Bowker

Brookline, MA
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,379 Ft²
$1,739,927
RealtyHop Estimate
118.86%
Since Jun 1, 2011
National-US
Primary Model

About This Property

This rare, attached two-family offers so many opportunites: use it as an owner occupied two-family and enjoy rental income and investor benefits, or convert back into a fee-simple attached single family or add value and convert into two condominium units. The building has charm and pleasing architectural character. It has been maintained as needed and it is in good condition. See attached document for a detailed property description. There is a full basement with separate systems.
Unit Size
2,379 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$334
Property Type
Multifamily
Property Taxes
$707
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71193698)

Price History

Date / Event Date Event Price
May 31, 2011 Sold
Premium
Sold
Mar 1, 2011 Listed by Hammond Residential Real Estate $795,000
Listed by Hammond Residential Real Estate

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street, Tandem
Interior Details
Full Bathrooms: 3
Interior Features: Other (See Remarks)
Appliances: Gas Water Heater
Flooring Type: Wood, Tile, Carpet
Rooms: 9
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 2 Family - 2 Units Up/Down
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lead Paint: Unknown
Lot Features: Level
Lot Size Area: 0.05
Lot Size Units: Acres
Lot Size Acres: 0.05
Zoning: T-5
Parcel Number: 34057
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $772,500
Tax Annual Amount: $8,484
Location Details
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station, University

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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Currently no similar homes around
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 71193698
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