$590,000
●
Multifamily -
Off Market
70 Baldwin Ave
Everett, MA 02149
5 Beds
2 Baths
2,456 Ft²
$856,383
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model
About This Property
Investors don't miss your opportunity to own this large
multi-family on a quiet side street in booming Everett! All major
updates have been done to the home including a new roof, new
central heat & air conditioning, updated electrical panel, blown in
insulation and more. Some minor cosmetic work and partitioning of
the two units will need to be done to bring it back to being a
functional two family. Large owners unit spans across three floors
and features updated kitchen, sunny living and dining room, and has
the potential for four bedrooms. Cozy second floor unit hosts one
spacious bedroom. Off street parking for 3 cars and ample
storage in the basement complete the package. 15 minute walk to
Everett's breweries, and just over a mile to the new Casino. Bring
your ideas!
Unit Size
2,456 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$244
Property Type
Multifamily
Property Taxes
$453
HOA Dues
-
Year Built
1890
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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: 6 months ago (MLSPIN #72558025)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2019 | Sold | ||
| Sold | |||
| Sep 3, 2019 | Listed by Keller Williams Realty | $599,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, On Street, Paved Drive
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Storage, Walk-In Closet(s), Open Floorplan, Living Room, Dining Room, Kitchen, Laundry Room, Office/Den
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Flooring Type: Wood, Tile, Vinyl, Carpet, Concrete, Laminate
Rooms: 11
Basement: Full, Partially Finished, Bulkhead
Exterior Details
Square Footage: 2456
Year Built Source: Public Records
Year Built: 1890
Building Area Total: 2456
Levels: 5
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Deck, Patio
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Lot Size Square Feet: 2770
Water Source: Public
Financial Details
Tax Assessed Value: $439,300
Tax Annual Amount: $5,439
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
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 |
|---|---|---|---|---|---|---|---|
|
09/03/2019
| |
5 Bed
|
2 Bath
|
2456 ft²
|
$599,000
5 Bed
2 Bath
2456 ft²
|
$590,000
-1.50%
12/30/2019
|
Street Property Team
Keller Williams Realty
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017