This 3 family property located on Concord St in Rockland is a great opportunity for an owner occupied rental property or someone just looking for a great rental investment. Situated on a large level lot that abuts Harmon Golf Course, the property also provides a spacious back yard with ample space for gardens or outside activities. Close to several schools, parks, shops, and easy commuting. Two driveways afford plenty of off street parking. Property is in great condition. Fully rented as of the time of this listing.
This home has been viewed 51 times
Last Checked: May 6th, 2024 at 11:21pm (Source: MLS PIN #73048800)
Gross Income: $49,200
Gross Expenses: $7,897
Net Income Calc: $41,303
CAP Rate: 6.31%
Annual Expenses for 240 Concord St, Rockland MA 02370
Total Gross Expenses (Calculated)$7,897/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,897
Annual Income & Unit Breakdown for 240 Concord St, Rockland MA 02370
Total Gross Income (Calculated)$49,200
Unit 1
Rental Income$1,200
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 3(electric), Unit 1(heat), Unit 2(heat)
Unit 2
Rental Income$1,200
LeaseY
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit0
HeatingYes
Rent IncludesUnit 3(electric), Unit 1(heat), Unit 2(heat)
Unit 3
Rental Income$1,700
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 3(electric), Unit 1(heat), Unit 2(heat)
General Information for 240 Concord St, Rockland MA 02370
Listing ID73048800
Property TypeMulti Family / 3 Family
Price$654,998 ($222.56/SqFt)
Style3 Family
CityRockland
CountyPlymouth
MLS Area
Neighborhood(s)
Approximate Living Area Total2,943 SqFt
Approximate Lot Size (Acres)0.5 acres
Total Parking4
Garage Parking
Year Built1940
Year Built SourceAppraiser
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Cleared
Foundation Area
Foundation DescriptionGranite
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 240 Concord St, Rockland MA 02370
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceAppraiser
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$3,500
Total Gross Income By Broker$14,400
Total Net Income By Broker$14,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation0%%
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 240 Concord St, Rockland MA 02370
Real Estate Taxes$7,897
Tax Year2022
Assessed Value$501,500
Financial Data SourceOwner
Total Gross Expenses By Broker$3,500
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$14,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$14,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.31%
Location Information for 240 Concord St, Rockland MA 02370
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesPublic School, Shopping, Golf, Park
Contact Information for 240 Concord St, Rockland MA 02370