$705,000
●
Multifamily -
Off Market
173 Springvale Ave
Everett, MA 02149
5 Beds
2 Baths
1,927 Ft²
$4,001
Est. Monthly
8.98%
Cap Rate
About This Property
Welcome to 173 Springvale Ave - A Two-Family Home in the
Sought-After Woodlawn Neighborhood. The home spans 1,927 square
feet, nestled on a spacious 3,441 square foot lot. Boasting 5
bedrooms and 2 bathrooms, this property offers an excellent
opportunity for versatile living arrangements-proximity to
Elementary School and Transportation. While the property may need
some updating, it presents a fantastic rental opportunity with
endless potential. Whether you're an investor looking for a
promising venture or seeking a home to customize to your liking,
this two-family property holds a world of possibilities. The
property is being sold as is, where is, allowing you to explore its
full potential and bring your vision to life. Don't miss the chance
to turn 173 Springvale Ave into your dream investment or residence.
Schedule a viewing today and discover this charming property's
hidden gems awaiting you.
Unit Size
1,927 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$363
Property Type
Multifamily
Property Taxes
$569
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: 3 years ago (MLSPIN #73176603)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Nov 8, 2023 | In contract | - | |
| In contract | |||
| Nov 2, 2023 | Listed by Redfin Corp. | $699,000 | |
| Listed by Redfin Corp. | |||
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Other (See Remarks), Unit 1(Ceiling Fans, Bathroom With Tub), Unit 2(Ceiling Fans, Bathroom With Tub), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator, Washer, Dryer), Unit 2(Range, Refrigerator)
Flooring Type: Wood, Tile, Carpet, Unit 2(Wood Flooring)
Rooms: 11
Basement: Partial, Interior Entry, Concrete, Unfinished
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Zoning: DD
Parcel Number: M:N0 B:02 L:000100
Water Source: Public
Financial Details
Tax Assessed Value: $579,300
Tax Annual Amount: $6,824
Utilities Details
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Public School
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 |
|---|---|---|---|---|---|---|---|
|
11/02/2023
| |
5 Bed
|
2 Bath
|
1927 ft²
|
$699,000
5 Bed
2 Bath
1927 ft²
|
$705,000
+0.86%
12/15/2023
|
Michael Malkin
Redfin Corp.
|
|
01/14/2000
| |
5 Bed
|
-
|
1927 ft²
|
$229,900
5 Bed
-
1927 ft²
|
$230,000
+0.04%
03/31/2000
|
Stephen Depamphilis
Exclusive Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017