$850,000
●
Multifamily -
Off Market
252 Main St
Everett, MA 02149
4 Beds
3 Baths,
1
Half Bath
3,648 Ft²
$1,133,217
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model
About This Property
Mixed use 3 family property on Main Street in Everett has a
beautiful flower shop on the 1st floor with a full kitchen and bath
paying $2300/month. The 2nd floor 2 bedroom apt. is rented at
$1800/month. The brand new 3rd floor "gut rehabbed" 2 bedroom unit
is amazing (see video) with central air, new systems, new kitchen
and pretty tiled bath! Would be great for an owner occupant
or rent it for maximum income (we just put it on the rental market
for $2000/month). The basement has very high ceilings, is
directly connected to the first floor and is a walk out to the rear
yard. The Buyer could elect to incorporate basement
space with 1st floor (with City approvals) in the future.. Separate
gas heating and hot water systems. Check out the map showing
the property offers easy access to major highways. A bus stop
in front will bring residents to the Wellington or Sullivan Square
T stations! Can show 1st and 3rd floor plus basement.
Unit Size
3,648 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$241
Property Type
Multifamily
Property Taxes
$620
HOA Dues
-
Year Built
1930
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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 #72638526)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2020 | Sold | ||
| Sold | |||
| Mar 27, 2020 | Listed by Keller Williams Realty Evolution | $879,000 | |
| Listed by Keller Williams Realty Evolution | |||
Property Highlights
Parking Available
Parking Details
Parking Features: On Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Unit 1(High Speed Internet Hookup, Upgraded Cabinets, Programmable Thermostat), Unit 2(Ceiling Fans, Bathroom With Tub, Internet Available - Broadband), Unit 3(Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Open Floor Plan, Internet Available - Broadband), Unit 1 Rooms(Living RM/Dining RM Combo, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
Rooms: 15
Basement: Walk-Out Access, Interior Entry, Concrete
Exterior Details
Property Condition: Unit 1 Remodeled, Unit 3 Remodeled
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family - 3 Units Up/Down
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Features: Level
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Zoning: BD
Parcel Number: M:D0 B:03 L:000165, 480361
Water Source: Public
Financial Details
Tax Assessed Value: $601,000
Tax Annual Amount: $7,440
Utilities Details
Utilities: for Gas Range
Cooling Type: Unit 3(Central Air, Individual, Unit Control)
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Hot Water Baseboard, Gas), Unit 3(Central Heat, Forced Air, Gas, Individual, Unit Control)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, Public School, University
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 |
|---|---|---|---|---|---|---|---|
|
03/27/2020
| |
4 Bed
|
3 Bath
|
3648 ft²
|
$879,000
4 Bed
3 Bath
3648 ft²
|
$850,000
-3.30%
10/07/2020
|
John Schwagerl and Scott Twadelle
Keller Williams Realty Evolution
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017