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26 John St., Newton MA 02459

$1,888,000

Estimated $4,064/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $629,333.33

Total Rent: 118800/year

Estimated CAP Rate:

12 Bedrooms

Baths

4128

Total Parking: 1

4,400 (0.10)

MOTIVATED SELLER! Attention developers, investors, and owner occupants! Rare three family investment property with immediate income or luxury condominium conversion opportunity. Located in Thompsonville, Newton neighborhood next to the upscale Chestnut Hill shopping plaza and mall. Each unit is currently a four bedroom two bathroom apartment rental with rental income of $9,900 a month and room to improve market rents to $12,000-$13,500 a month. Potential for 6 parking spaces at rear (similar to neighbor) with minor building alteration for driveway access. Buyer to perform due diligence.

This home has been viewed 53 times

Last Checked: May 6th, 2024 at 11:50pm (Source: MLS PIN #73030508)

Gross Income: $118,800

Gross Expenses: $12,035

Net Income Calc: $106,765

Water Views

Annual Expenses for 26 John St., Newton MA 02459

Total Gross Expenses (Calculated)$12,035/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12035

Annual Income & Unit Breakdown for 26 John St., Newton MA 02459

Total Gross Income (Calculated)$118,800

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms4

Bathrooms2 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 26 John St., Newton MA 02459

Listing ID73030508

Property TypeMulti Family / 3 Family

Price1888000 ($457.36/SqFt)

Style3 Family - 3 Units Up/down

CityNewton

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total4128

Approximate Lot Size (Acres)0.1

Total Parking1

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningMR1

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 26 John St., Newton MA 02459

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation0

Compensation Based OnGross/full Sale Price

Financial Information for 26 John St., Newton MA 02459

Real Estate Taxes12035

Tax Year2022

Assessed Value$999,999,999

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 26 John St., Newton MA 02459

Elementary SchoolBowen

Middle SchoolOak Hill

High SchoolNewton South

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 26 John St., Newton MA 02459

Agent

Name: Brandon Muroff

Office

Name: Red Tree Real Estate

Phone: 617-487-8015

Payment Calculator

, Interest

Property Taxes 1002.92

Principal & Interest 11633.26

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Red Tree Real Estate

Brandon Muroff

Agent Phone

Office Phone

(617) 487-8015

Text Agent Call Agent Call Office

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    [unparsed] => 26 John St., Newton MA 02459
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EXIT

19 More Photos

Withdrawn

26 John St., Newton MA 02459

$1,888,000

Annual Expenses for 26 John St., Newton MA 02459

Annual Income & Unit Breakdown for 26 John St., Newton MA 02459

General Information for 26 John St., Newton MA 02459

Disclosures for 26 John St., Newton MA 02459

Financial Information for 26 John St., Newton MA 02459

Location Information for 26 John St., Newton MA 02459

Contact Information for 26 John St., Newton MA 02459

Agent

Office

Payment Calculator

Exclusive Listing Agent

Red Tree Real Estate

Brandon Muroff