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Canceled

397 Linwood Avenue, Newton MA 02460

$3,999,000

Estimated $8,066/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $999,750

Total Rent: 300000/year

Estimated CAP Rate:

12 Bedrooms

Baths

6567

Total Parking: 12

8,402 (0.19)

Attention investors! Rare Offering! One of a Kind Massive 4-Family in desirable Newtonville .Newly renovated, luxury income producing multi family.Ideally located in a great commuter location with easy access to Mass pike and Soldiers field road.Short stroll to private and public schools,shops,restaurants,parks & pool. Each unit has 1,650 sq ft. 3- bedrooms, 2 full baths, all on one level for easy living. Master bedroom with gorgeous en-suite bathrooms, walk in closet and fireplace. Huge Kitchen/Family room boasts large island with top of the line appliances and quarts counters. High ceilings, beautiful hardwood floors throughout and tons of natural light. In unit laundry.3 off-street parking spaces for each unit.The two upper floors include large private covered porches. Each unit has a private basement with high ceilings which can easily be finished for extra living space.With a potential gross income of $300K This property is ideal for Investors & Owner occupants. Great as condos.

This home has been viewed 52 times

Last Checked: May 6th, 2024 at 11:50pm (Source: MLS PIN #73067469)

Gross Income: $300,000

Gross Expenses: $18,973

Net Income Calc: $281,027

Water Views

Annual Expenses for 397 Linwood Avenue, Newton MA 02460

Total Gross Expenses (Calculated)$18,973/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax18973.87

Annual Income & Unit Breakdown for 397 Linwood Avenue, Newton MA 02460

Total Gross Income (Calculated)$300,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 397 Linwood Avenue, Newton MA 02460

Listing ID73067469

Property TypeMulti Family / 4 Family

Price3999000 ($608.95/SqFt)

Style4 Family - 4 Units Up/down

CityNewton

CountyMiddlesex

MLS AreaNewtonville

Neighborhood(s)

Approximate Living Area Total6567

Approximate Lot Size (Acres)0.19

Total Parking12

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningMR1

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 397 Linwood Avenue, Newton MA 02460

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 397 Linwood Avenue, Newton MA 02460

Real Estate Taxes18973.87

Tax Year2021

Assessed Value$1,803,600

Financial Data SourceEstimated

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 397 Linwood Avenue, Newton MA 02460

Elementary SchoolHorace Mann

Middle SchoolF.A. Day

High SchoolNnhs

Neighborhood(s)

MLS AreaNewtonville

Area AmenitiesWalk/jog Trails

Contact Information for 397 Linwood Avenue, Newton MA 02460

Agent

Name: Vahe Haytayan

Office

Name: Vahe Haytayan

Phone: 617-407-4448

Payment Calculator

, Interest

Property Taxes 1581.16

Principal & Interest 24640.57

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Vahe Haytayan

Agent Phone

Office Phone

(617) 407-4448

Text Agent Call Agent Call Office

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    [unparsed] => 397 Linwood Avenue, Newton MA 02460
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EXIT

27 More Photos

Canceled

397 Linwood Avenue, Newton MA 02460

$3,999,000

Annual Expenses for 397 Linwood Avenue, Newton MA 02460

Annual Income & Unit Breakdown for 397 Linwood Avenue, Newton MA 02460

General Information for 397 Linwood Avenue, Newton MA 02460

Disclosures for 397 Linwood Avenue, Newton MA 02460

Financial Information for 397 Linwood Avenue, Newton MA 02460

Location Information for 397 Linwood Avenue, Newton MA 02460

Contact Information for 397 Linwood Avenue, Newton MA 02460

Agent

Office

Payment Calculator

Exclusive Listing Agent

Vahe Haytayan

Vahe Haytayan