HIGHLY DESIRABLE BELMONT LOCATION ON CAMBRIDGE LINE!! This huge 2 family is in move in condition! The first floor unit has 2 bedrooms and 1 bathroom, eat in kitchen, living room, dining room, high ceilings, in unit laundry and hardwood floors. Tenant has a lease through Apr...
This home has been viewed 19 times
Last Checked: May 7th, 2024 at 1:31am (Source: MLS PIN #73067926)
Gross Income: $27,600
Gross Expenses: $11,988
Net Income Calc: $15,612
CAP Rate: 1.25%
Annual Expenses for 87-89 Grove St, Belmont MA 02478
Total Gross Expenses (Calculated)$11,988/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$11,988
Annual Income & Unit Breakdown for 87-89 Grove St, Belmont MA 02478
Total Gross Income (Calculated)$27,600
Unit 1
Rental Income$2,300
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 87-89 Grove St, Belmont MA 02478
Listing ID73067926
Property TypeMulti Family
Price$1,250,000 ($410.64/SqFt)
StyleMulti Family
CityBelmont
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,044 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking6 (2 Garage)
Garage Parking2 / Detached
Year Built1930
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningR
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 87-89 Grove St, Belmont MA 02478
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$27,600
Total Net Income By Broker$27,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation2.5
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 87-89 Grove St, Belmont MA 02478
Real Estate Taxes$11,988
Tax Year2022
Assessed Value$1,037,000
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$27,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$27,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.25%
Location Information for 87-89 Grove St, Belmont MA 02478
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Public Transportation
Contact Information for 87-89 Grove St, Belmont MA 02478