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Expired

12 Cedar St, Hopkinton MA 01748

$724,999

Estimated $2,005.79/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $181,249.75

Total Rent: 73200/year

Estimated CAP Rate: 8.72%

5 Bedrooms

4 Full Baths

2,857 SqFt

Total Parking: 8

19,358 SqFt

Huge price reduction, highly motivated seller! Wonderful investment opportunity with a ton of potential for great income. Conveniently located close to downtown and all major routes. First floor unit is equipped with hardwood floors throughout, high ceilings with two bedrooms, living room, large kitchen and walk out access to the front porch. Second floor has two one bed units. Unit on the right welcomes you to a spacious layout featuring vinyl plank floors and granite counter tops, as well as a renovated porcelain shower. Additional fourth unit on attic level. Ample parking in large back driveway. Building is currently being utilized as a 4 family. However, it is zoned downtown business and is mix use. Property is being sold as is, where is.

This home has been viewed 39 times

Last Checked: May 6th, 2024 at 11:36pm (Source: MLS PIN #72999853)

Gross Income: $73,200

Gross Expenses: $9,962

Net Income Calc: $63,238

CAP Rate: 8.72%

Beach Front

Annual Expenses for 12 Cedar St, Hopkinton MA 01748

Total Gross Expenses (Calculated)$9,962/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,962.55

Annual Income & Unit Breakdown for 12 Cedar St, Hopkinton MA 01748

Total Gross Income (Calculated)$73,200

Unit 1

Rental Income$1,800

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,500

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,500

Lease

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 4

Rental Income$1,300

Lease

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent Includes

General Information for 12 Cedar St, Hopkinton MA 01748

Listing ID72999853

Property TypeMulti Family / 4 Family

Price$724,999 ($253.76/SqFt)

Style4 Family

CityHopkinton

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,857 SqFt

Approximate Lot Size (Acres)0.44 acres

Total Parking8

Garage Parking

Year Built1870

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area2857

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningBD

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front, Beach Ownership(public), Lake/pond, 1 To 2 Mile To Beach

Energy Features

Terms

Disclosures for 12 Cedar St, Hopkinton MA 01748

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$73,200

Total Net Income By Broker$73,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 12 Cedar St, Hopkinton MA 01748

Real Estate Taxes$9,962.55

Tax Year2022

Assessed Value$585,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$73,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$73,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.72%

Location Information for 12 Cedar St, Hopkinton MA 01748

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 12 Cedar St, Hopkinton MA 01748

Agent

Name: Tabatha Roseman

Office

Name: Coldwell Banker Realty - Boston

Phone: 617-266-4430

Payment Calculator

, Interest

Property Taxes 830.21

Principal & Interest 4467.21

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Tabatha Roseman

Agent Phone

Office Phone

(617) 266-4430

Text Agent Call Agent Call Office

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            [phone] => 617-266-4430
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[perc_test] => Array
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[perc_test_date] => Unknown
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[road_frontage_type] => Array
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[terms] => Array
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[water] => Array
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EXIT

Expired

12 Cedar St, Hopkinton MA 01748

$724,999

Annual Expenses for 12 Cedar St, Hopkinton MA 01748

Annual Income & Unit Breakdown for 12 Cedar St, Hopkinton MA 01748

General Information for 12 Cedar St, Hopkinton MA 01748

Disclosures for 12 Cedar St, Hopkinton MA 01748

Financial Information for 12 Cedar St, Hopkinton MA 01748

Location Information for 12 Cedar St, Hopkinton MA 01748

Contact Information for 12 Cedar St, Hopkinton MA 01748

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Tabatha Roseman