Overview Property Details Payment Calculator Walkability

Closed

48 Wilmont St, Springfield MA 01108

$279,900

Estimated $750.11/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $93,300

Total Rent: 14400/year

Estimated CAP Rate: 3.87%

7 Bedrooms

3 Full Baths

3,636 SqFt

Total Parking: 4

5,685 SqFt

Welcome to this two family home with an in law apartment on the third level, in the Forest Park area of Springfield. With two vacant units at closing and a great tenant in the first floor unit, this is an immediate cash flowing property! With a roof approximately 4 years ol...

This home has been viewed 35 times

Last Checked: May 7th, 2024 at 12:31am (Source: MLS PIN #73066668)

Gross Income: $14,400

Gross Expenses: $3,555

Net Income Calc: $10,845

CAP Rate: 3.87%

Annual Expenses for 48 Wilmont St, Springfield MA 01108

Total Gross Expenses (Calculated)$3,555/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,555

Annual Income & Unit Breakdown for 48 Wilmont St, Springfield MA 01108

Total Gross Income (Calculated)$14,400

Unit 1

Rental Income$1,200

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(electric, Water), Unit 3(electric

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(electric, Water), Unit 3(electric

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(electric, Water), Unit 3(electric

General Information for 48 Wilmont St, Springfield MA 01108

Listing ID73066668

Property TypeMulti Family

Price$279,900 ($76.98/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,636 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking4

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Brick

Lot Features

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesVaries per Unit

Terms

Disclosures for 48 Wilmont St, Springfield MA 01108

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$14,400

Total Net Income By Broker$14,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 48 Wilmont St, Springfield MA 01108

Real Estate Taxes$3,555

Tax Year2022

Assessed Value$188,900

Financial Data Source

Total Gross Expenses By Broker$0

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)3.87%

Location Information for 48 Wilmont St, Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 48 Wilmont St, Springfield MA 01108

Agent

Name: Raquel Medina

MLS ID: CN248005

Office ID: AN5521

National Association ID: 452517647

Address: 119 Pine Grove Street

City: Springfield

State: MA

Zip: 01119

Office

Name: Gallagher Real Estate

MLS Office ID: AN6336

Phone: 413-536-7232

Payment Calculator

$2,020.90 per month

30 Years Fixed, 6.75% Interest

Property Taxes $296.25

Principal & Interest $1,724.65

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gallagher Real Estate

Raquel Medina

Agent Phone

Office Phone

(413) 536-7232

Text Agent Call Agent Call Office

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EXIT

Closed

48 Wilmont St, Springfield MA 01108

$279,900

Annual Expenses for 48 Wilmont St, Springfield MA 01108

Annual Income & Unit Breakdown for 48 Wilmont St, Springfield MA 01108

General Information for 48 Wilmont St, Springfield MA 01108

Disclosures for 48 Wilmont St, Springfield MA 01108

Financial Information for 48 Wilmont St, Springfield MA 01108

Location Information for 48 Wilmont St, Springfield MA 01108

Contact Information for 48 Wilmont St, Springfield MA 01108

Agent

Office

Payment Calculator

Exclusive Listing Agent

Gallagher Real Estate

Raquel Medina