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$540,000
● Multifamily - Off Market

79 Chestnut

Everett, MA
bedrooms
6 Beds
bathrooms
3 Baths
square feet
3,381 Ft²
$940,440
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Nice 5/5/4  three family in desireable location. Features include vinyl siding & vinyl windows .Updated utilities (3) forced hot water by gas heating systems ( 2 Burnham / 1 Weil Mclean ) 200 amp electrical service with (3) 100 amp panels w/circuit breakers plus house panel. Seperate gas hot water heaters. Newer wiring & plumbing thru-out. Hardwood floors , pantries and eat-in kitchens. Minutes to Parlin & Everett high school ,transportation , and shopping. Perfect for an owner occupant or an investor.
Unit Size
3,381 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$157
Property Type
Multifamily
Property Taxes
$563
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: 4 years ago (MLSPIN #71866660)

Price History

Date / Event Date Event Price
Sep 6, 2015 Sold
Premium
Sold
Jul 1, 2015 Listed by Coldwell Banker Realty - Lynnfield $529,900
Listed by Coldwell Banker Realty - Lynnfield

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Pantry, Bathroom With Tub & Shower), Unit 2(Pantry, Bathroom With Tub & Shower), Unit 3(Pantry, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks)), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range, Dishwasher, Disposal), Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Tile, Vinyl, Carpet, Varies Per Unit, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
Rooms: 14
Basement: Full, Walk-Out Access, Interior Entry, Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Corner Lot, Level
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Zoning: res
Parcel Number: 484066
Water Source: Public
Financial Details
Tax Assessed Value: $462,100
Tax Annual Amount: $6,751
Utilities Details
Utilities: for Gas Range
Cooling Type: Unit 2(None), Unit 3(None)
Heating Type: Unit 1(Hot Water Radiators, Gas), Unit 2(Hot Water Radiators, Gas), Unit 3(Hot Water Radiators, Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Highway Access, House of Worship, Public School, Sidewalks

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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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71866660
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