Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Closed

87-89 Grove St, Belmont MA 02478

$1,250,000

Estimated $3,026/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $625,000

Total Rent: 27600/year

Estimated CAP Rate:

7 Bedrooms

Baths

3044

Total Parking: 6 (2 Garage)

4,861 (0.11)

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 April 30th. Second floor owner's unit is huge with 5 bedroooms plus an office and 2 full bathrooms over 2 levels with high ceilings, hardwood floors, in unit laundry and lots of updates. The yard has 2 separate patios and there is a wide driveway and 2 car garage. House is close to Harvard Sq bus and has easy access to the Fresh Pond Reservoir. There is a lead paint compliance letter for the first floor unit only.

This home has been viewed 34 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

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 Tax11988

Annual Income & Unit Breakdown for 87-89 Grove St, Belmont MA 02478

Total Gross Income (Calculated)$27,600

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms5

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 87-89 Grove St, Belmont MA 02478

Listing ID73067926

Property TypeMulti Family

Price1250000 ($410.64/SqFt)

StyleMulti Family

CityBelmont

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3044

Approximate Lot Size (Acres)0.11

Total Parking6 (2 Garage)

Garage Parking2

Year Built1930

Year Built SourcePublic Records

Year Built DetailsApproximate,Renovated Since

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR

Water Views

Water Views Features

Waterfront 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

ExclusionsPersonal Belongings

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Compensation Based OnNet Sale Price

Financial Information for 87-89 Grove St, Belmont MA 02478

Real Estate Taxes11988

Tax Year2022

Assessed Value$1,037,000

Financial Data Source

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 87-89 Grove St, Belmont MA 02478

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 87-89 Grove St, Belmont MA 02478

Agent

Name: Lori Orchanian

Office

Name: Coldwell Banker Realty - Belmont

Phone: 617-484-5300

Payment Calculator

, Interest

Property Taxes 999

Principal & Interest 7702.1

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Belmont

Lori Orchanian

Agent Phone

Office Phone

(617) 484-5300

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.11 acres (4,861 SqFt)
    [add_date] => 2024-05-07 01:31:03
    [address] => Grove St
    [agent] => Array
        (
            [address] => 129 Lauricella Lane
            [city] => Waltham
            [id] => BB802106
            [name] => Lori Orchanian
            [national_association] => 449517321
            [office] => AN6190
            [state] => MA
            [zip] => 02452
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
            [0] => Range
        )

[approx_living_area_total] => 3044
    [approx_lot_size_acres] => 0.11
    [approx_lot_size_sqft] => 4861
    [assessed_value] => $1,037,000
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 7
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2.5
    [buyer_agent_id] => CT006034
    [buyer_office_id] => AN3393
    [c_style] => Array
        (
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Belmont
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Middlesex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => 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 April 30th. Second floor owner's unit is huge with 5 bedroooms plus an office and 2 full bathrooms over 2 levels with high ceilings, hardwood floors, in unit laundry and lots of updates. The yard has 2 separate patios and there is a wide driveway and 2 car garage. House is close to Harvard Sq bus and has easy access to the Fresh Pond Reservoir. There is a lead paint compliance letter for the first floor unit only.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Personal Belongings
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 2.5
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 2
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
            [0] => French Doors
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 01:31:03
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73067926
    [neighborhoods] => 
    [net_income_calc] => 15612
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => AN6190
            [name] => Coldwell Banker Realty - Belmont
            [phone] => 617-484-5300
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 1250000
    [price_per_sqft] => 410.64
    [price_per_unit] => 625000
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => Multi Family
        )

[real_estate_tax] => 11988
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 14
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => 87-89
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 1
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2022
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 11988
    [total_gross_income] => 27600
    [total_parking] => 6 (2 Garage)
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 2 Full
    [unit_2_bedrooms] => 5
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 2
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 87-89 Grove St, Belmont MA 02478
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 
    [waterfront_features] => Array
        (
        )

[raw] => 
)

EXIT

37 More Photos