$890,000
●
Multifamily -
Off Market
23 Thorndike St
Everett, MA 02149
5 Beds
3 Baths
3,156 Ft²
$1,070,852
RealtyHop Estimate
15.16%
Since Jul 1, 2021
MA-Boston
Primary Model
About This Property
TOTALLY renovated 3-family located in a PREMIER location! Boston
skyline from your window! This triple-decker offers a
once-in-a-lifetime opportunity for tremendous untapped potential.
Tucked away on a quiet, one-way street with low traffic, the
property is completely RENOVATED from brand-new shining OAK
hardwood floors to floor-to-ceiling fresh paint. All 3 units have
Eat-In Kitchens w/exterior access to rear decks. Open/flexible
floor plans for a total of 5/6 bedrooms and 3 baths. UPGRADED
appliances and W/D hook-ups in all units. Spacious front foyer w/9+
ft ceilings. Driveway parking is a huge asset. Come as an investor
or an owner-occupier -- DO NOT miss this A+ opportunity! 3-min walk
to public transit and fantastic homebase to exploring the
FAST-growing neighborhoods in Everett/Medford/Somerville, Assembly
Row, Encore Casino, & Boston. This property is also for rent!
Unit Size
3,156 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$295
Property Type
Multifamily
Property Taxes
$543
HOA Dues
-
Year Built
1900
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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 #72792952)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Other
Interior Details
Full Bathrooms: 3
Interior Features: Other, Other (See Remarks), Unit 1(Ceiling Fans), Unit 2(Walk-In Closet), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Office/Den, Other (See Remarks)), Unit 2 Rooms(Dining Room, Kitchen, Other (See Remarks)), Unit 3 Rooms(Dining Room, Kitchen, Other (See Remarks))
Appliances: Other, Unit 1(Range, Microwave, Refrigerator, Washer, Dryer), Unit 3(Other (See Remarks)), Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
Rooms: 13
Basement: Unfinished
Exterior Details
Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame, See Remarks
Patio and Porch Features: Porch, Deck - Wood
Lead Paint: Unknown
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Zoning: LB-E
Parcel Number: M:H0 B:05 L:000041, 481819
Water Source: Public
Financial Details
Tax Assessed Value: $660,400
Tax Annual Amount: $6,518
Utilities Details
Utilities: for Gas Range
Cooling Type: None, Unit 1(None), Unit 2(None), Unit 3(None)
Heating Type: Other, Unit 1(Other (See Remarks)), Unit 2(Other (See Remarks)), Unit 3(Other (See Remarks))
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Highway Access, Other
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 |
|---|---|---|---|---|---|---|---|
|
03/03/2021
| |
5 Bed
|
3 Bath
|
3156 ft²
|
$929,900
5 Bed
3 Bath
3156 ft²
|
$890,000
-4.29%
06/25/2021
|
Madelyn Garcia
Madelyn Garcia Real Estate
|
|
07/13/2020
| |
6 Bed
|
3 Bath
|
3156 ft²
|
$749,900
6 Bed
3 Bath
3156 ft²
|
$730,000
-2.65%
08/20/2020
|
Tianqi Wang
House Center - TQ Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017