Overview Property Details Payment Calculator Walkability

Closed

66-68 Lincoln Road, Newton MA 02458

$1,298,500

Estimated $2,851.87/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $649,250

Total Rent: 84000/year

Estimated CAP Rate: 5.78%

6 Bedrooms

2 Full Baths

2,296 SqFt

Total Parking: 7

5,116 SqFt

Wonderful renovation of 2-family home awaits new owner occupant/investor. First floor features new kitchen with modern white cabinets, granite countertops, stainless steel appliances & tiled back splash. This unit offers easy access from the outside having only 2 steps i...

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 1:21am (Source: MLS PIN #73066750)

Gross Income: $84,000

Gross Expenses: $8,956

Net Income Calc: $75,044

CAP Rate: 5.78%

Annual Expenses for 66-68 Lincoln Road, Newton MA 02458

Total Gross Expenses (Calculated)$8,956/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,956.36

Annual Income & Unit Breakdown for 66-68 Lincoln Road, Newton MA 02458

Total Gross Income (Calculated)$84,000

Unit 1

Rental Income$3,500

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water, Other (see Remarks)), Unit 2(water

Unit 2

Rental Income$3,500

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water, Other (see Remarks)), Unit 2(water

General Information for 66-68 Lincoln Road, Newton MA 02458

Listing ID73066750

Property TypeMulti Family

Price$1,298,500 ($565.55/SqFt)

StyleMulti Family

CityNewton

CountyMiddlesex

MLS AreaNonantum

Neighborhood(s)

Approximate Living Area Total2,296 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking7

Garage Parking

Year Built1880

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping, Level, Easements

Foundation Area

Foundation DescriptionBlock,Stone

Accessible Features

Outdoor Space

ZoningMAN

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 66-68 Lincoln Road, Newton MA 02458

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$84,000

Total Net Income By Broker$84,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1.5

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 66-68 Lincoln Road, Newton MA 02458

Real Estate Taxes$8,956.36

Tax Year2023

Assessed Value$879,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$84,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$84,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.78%

Location Information for 66-68 Lincoln Road, Newton MA 02458

Elementary SchoolLincoln-Elliot

Middle SchoolBigelow

High SchoolNorth

Neighborhood(s)

MLS AreaNonantum

Area AmenitiesHighway Access, House Of Worship, Shopping, Park, Public Transportation, T-station, Tennis Court(s), Sidewalks

Contact Information for 66-68 Lincoln Road, Newton MA 02458

Agent

Name: Logan Lanciloti-Stark

MLS ID: CN233832

Office ID: NB9391

Address: 1516 Washington Street

City: West Newton

State: MA

Zip: 02465

Office

Name: Kraft Fine Homes

MLS Office ID: NB9391

Phone: 617-527-7002

Team Members

Name: Cynthia Lanciloti

MLS ID: BB301761

Office ID: NB9391

National Association ID: 449504533

Phone: 617-501-6158

City: West Newton

State: MA

Payment Calculator

$8,747.30 per month

30 Years Fixed, 6.75% Interest

Property Taxes $746.36

Principal & Interest $8,000.94

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Kraft Fine Homes

Logan Lanciloti-Stark

Agent Phone

Office Phone

(617) 527-7002

Text Agent Call Agent Call Office

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EXIT