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102 Hillside, Needham MA 02494

$850,000

Estimated $1,998.64/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $425,000

Total Rent: 43200/year

Estimated CAP Rate: 4.21%

2 Bedrooms

2 Full Baths

1,677 SqFt

Total Parking: 3

12,371 SqFt

Attention investors, builders and renovators! This 2 family house located in the center of Needham is in need of renovation and creative vision. The first floor apartment was owner occupied and estimate rate is marker value. The second floor unit was rented for $1700 for a long period of time and could be rented for higher price. Buyer and buyer's agent to perform due diligence. Property being sold AS-IS. Wonderful location, close to shops, train, restaurants and all major routes.

This home has been viewed 45 times

Last Checked: May 7th, 2024 at 12:56am (Source: MLS PIN #73072053)

Gross Income: $43,200

Gross Expenses: $7,444

Net Income Calc: $35,756

CAP Rate: 4.21%

Annual Expenses for 102 Hillside, Needham MA 02494

Total Gross Expenses (Calculated)$7,444/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,444.42

Annual Income & Unit Breakdown for 102 Hillside, Needham MA 02494

Total Gross Income (Calculated)$43,200

Unit 1

Rental Income$1,900

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 2(heat

Unit 2

Rental Income$1,700

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesHot Water), Unit 2(heat

General Information for 102 Hillside, Needham MA 02494

Listing ID73072053

Property TypeMulti Family / 2 Family

Price$850,000 ($506.86/SqFt)

Style2 Family - 2 Units Up/down

CityNeedham

CountyNorfolk

MLS AreaNeedham Heights

Neighborhood(s)

Approximate Living Area Total1,677 SqFt

Approximate Lot Size (Acres)0.28 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesEasements

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 102 Hillside, Needham MA 02494

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosureapproximately and need to be verified by buyer

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$42,600

Total Net Income By Broker$42,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 102 Hillside, Needham MA 02494

Real Estate Taxes$7,444.42

Tax Year2022

Assessed Value$556,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$42,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$42,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.21%

Location Information for 102 Hillside, Needham MA 02494

Elementary SchoolSanita Williams

Middle SchoolPollard

High SchoolNeedham High

Neighborhood(s)

MLS AreaNeedham Heights

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Tennis Court(s)

Contact Information for 102 Hillside, Needham MA 02494

Agent

Name: Tatsiana Landau

Office

Name: Coldwell Banker Realty - Needham

Phone: 781-444-7400

Payment Calculator

, Interest

Property Taxes 620.37

Principal & Interest 5237.43

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Needham

Tatsiana Landau

Agent Phone

Office Phone

(781) 444-7400

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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EXIT