Explore the investment potential of 995 Oak Hill Road, a prime multifamily property poised for significant rental income. Overlooking the scenic 10th and 11th holes at Oak Hill Country Club, this unique estate features a 3,700+ sq ft main house, a private 1,000+ sq ft cottag...
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Last Checked: October 7th, 2024 at 4:49pm (Source: MLS PIN #73221815)
Gross Income: $69,600
Gross Expenses: $13,166
Net Income Calc: $56,434
CAP Rate: 5.79%
Annual Expenses for 995 Oak Hill Road, Fitchburg MA 01420
Total Gross Expenses (Calculated)$13,166/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$13,166
Annual Income & Unit Breakdown for 995 Oak Hill Road, Fitchburg MA 01420
Total Gross Income (Calculated)$69,600
Unit 1
Rental Income$4,000
LeaseN
Bedrooms3
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit2
HeatingYes
Rent IncludesNo
Unit 2
Rental Income$1,800
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesNo
General Information for 995 Oak Hill Road, Fitchburg MA 01420
Listing ID73221815
Property TypeMulti Family
Price$974,900 ($202.56/SqFt)
StyleMulti Family
CityFitchburg
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total4,813 SqFt
Approximate Lot Size (Acres)1.51 acres
Total Parking24 (4 Garage)
Garage Parking4 / Detached
Year Built1991
Year Built SourcePublic Records
Year Renovated
Year Built DetailsRenovated Since,Unknown/Mixed
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone
Accessible Features
Outdoor Space
ZoningRR
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 995 Oak Hill Road, Fitchburg MA 01420
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureTotal living area and room count includes assessor
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceNo
Total Gross Expenses By Broker$0
Total Gross Income By Broker$72,000
Total Net Income By Broker$69,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 995 Oak Hill Road, Fitchburg MA 01420
Real Estate Taxes$13,166
Tax Year2024
Assessed Value$889,000
Financial Data SourceNo
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$72,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$69,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.79%
Location Information for 995 Oak Hill Road, Fitchburg MA 01420
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesGolf
Contact Information for 995 Oak Hill Road, Fitchburg MA 01420