Overview Property Details Payment Calculator Walkability

Closed

3 Basswood St, Lawrence MA 01841

$605,000

Estimated $1,350.58/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $302,500

Total Rent: 46200/year

Estimated CAP Rate: 5.99%

8 Bedrooms

2 Full, 1 Half Baths

2,656 SqFt

Total Parking: 1

3,200 SqFt

ATTENTION FIRST TIME HOME BUYERS OR INVESTORS! This is a 2 family home with a finished attic. This home features 1 off street parking and a fenced in yard. First floor and second floor have been recently updated with laminated floors, updated bathrooms with beautiful tile an...

This home has been viewed 35 times

Last Checked: May 7th, 2024 at 1:36am (Source: MLS PIN #73070033)

Gross Income: $46,200

Gross Expenses: $9,979

Net Income Calc: $36,221

CAP Rate: 5.99%

Annual Expenses for 3 Basswood St, Lawrence MA 01841

Total Gross Expenses (Calculated)$9,979/year

APOD AvailableYes

Heating

Electricity$900

Water$4,644

Gas$4,644

Insurance

Sewer$4,644

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,435

Annual Income & Unit Breakdown for 3 Basswood St, Lawrence MA 01841

Total Gross Income (Calculated)$46,200

Unit 1

Rental Income$2,150

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$1,700

LeaseN

Bedrooms4

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 3 Basswood St, Lawrence MA 01841

Listing ID73070033

Property TypeMulti Family

Price$605,000 ($227.79/SqFt)

StyleMulti Family

CityLawrence

CountyEssex

MLS AreaNorth Lawrence

Neighborhood(s)

Approximate Living Area Total2,656 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking1

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

Zoningres

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 3 Basswood St, Lawrence MA 01841

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$5,544

Total Gross Income By Broker$54,600

Total Net Income By Broker$54,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation2

Compensation Based OnGross/full Sale Price

Financial Information for 3 Basswood St, Lawrence MA 01841

Real Estate Taxes$4,435

Tax Year2022

Assessed Value$387,700

Financial Data SourceOwner

Total Gross Expenses By Broker$5,544

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$54,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$54,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.99%

Location Information for 3 Basswood St, Lawrence MA 01841

Elementary SchoolS Lawrence East

Middle SchoolS Lawrence East

High SchoolLawrence Hs

Neighborhood(s)

MLS AreaNorth Lawrence

Area AmenitiesHighway Access, Public School, Park, Laundromat, Public Transportation

Contact Information for 3 Basswood St, Lawrence MA 01841

Agent

Name: Fermin Group

MLS ID: TM321052

Office ID: AN4356

Office

Name: Century 21 North East

MLS Office ID: AN4356

Phone: 978-208-0449

Team Members

Name: Satcha Vargas

MLS ID: CN251609

Office ID: AN6820

National Association ID: 456016855

Phone: 646-309-2150

City: Haverhill

State: MA

Payment Calculator

$4,097.40 per month

30 Years Fixed, 6.75% Interest

Property Taxes $369.58

Principal & Interest $3,727.82

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Fermin Group

Agent Phone

Office Phone

(978) 208-0449

Text Agent Call Agent Call Office

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EXIT