Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Canceled

38 Richardson St., Newton MA 02458

$3,399,000

Estimated $5,967/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $1,133,000

Total Rent: 0/year

Estimated CAP Rate:

9 Bedrooms

Baths

6070

Total Parking: 6

9,372 (0.22)

Great investment opportunity in Newton Corner. Tastefully renovated and expanded in 2022, this historic Victorian home consists of 3 side by side townhouses in turnkey condition. Units in the back and front are 3 bed 3.5 bath, & unit in the middle is 3 bed 2.5 bath, each about 2,000sqft. EACH unit features open concept living with quartz waterfall counter tops, GE/Cafe appliances, hardwood floors, recess lights throughout, modern bathrooms, in-unit laundry, Navien water heater, Central Heat/ AC, private outdoor space/patios and two assigned parking spaces. All units are separately metered. The building is featuring laminated windows for additional soundproof, brand new gas, water & sewer lines, new driveway, and equipped with fire sprinkler & fire alarm systems. This multifamily is ideally located in a great commuter location & is a great maintenance-free buy & hold opportunity! Expected CO date is Feb.2023.

This home has been viewed 42 times

Last Checked: May 7th, 2024 at 1:41am (Source: MLS PIN #73067452)

Gross Income: $0

Gross Expenses: $5,470

Net Income Calc: $5,470

Annual Expenses for 38 Richardson St., Newton MA 02458

Total Gross Expenses (Calculated)$5,470/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5470.21

Annual Income & Unit Breakdown for 38 Richardson St., Newton MA 02458

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full, 1 Half

Floor1

Levels in Unit4

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit4

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full, 1 Half

Floor1

Levels in Unit3

Rent Includes

General Information for 38 Richardson St., Newton MA 02458

Listing ID73067452

Property TypeMulti Family / 3 Family

Price3399000 ($559.97/SqFt)

Style3 Family - 3 Units Side By Side

CityNewton

CountyMiddlesex

MLS AreaNewton Corner

Neighborhood(s)

Approximate Living Area Total6070

Approximate Lot Size (Acres)0.22

Total Parking6

Garage Parking0

Year Built1820

Year Built SourceOwner

Year Built DetailsActual,Renovated Since,Unknown/Mixed

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Area1550

Foundation Description

Accessible Features

Outdoor Space

ZoningMR2

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 38 Richardson St., Newton MA 02458

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceOther

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

Facilitator Compensation0

Compensation Based OnGross/full Sale Price

Financial Information for 38 Richardson St., Newton MA 02458

Real Estate Taxes5470.21

Tax Year2023

Assessed Value$109,580

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 38 Richardson St., Newton MA 02458

Elementary SchoolUnderwood

Middle SchoolBigelow

High SchoolNewton North

Neighborhood(s)

MLS AreaNewton Corner

Area AmenitiesWalk/jog Trails

Contact Information for 38 Richardson St., Newton MA 02458

Agent

Name: Alyona Shulakova

Office

Name: Century 21 North East

Phone: 781-893-4220

Payment Calculator

, Interest

Property Taxes 455.85

Principal & Interest 20943.56

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Alyona Shulakova

Agent Phone

Office Phone

(781) 893-4220

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.22 acres (9,372 SqFt)
    [add_date] => 2024-05-07 01:41:00
    [address] => Richardson St.
    [agent] => Array
        (
            [address] => 189 Grove Street Unit 2
            [city] => Waltham
            [id] => CN225775
            [name] => Alyona Shulakova
            [national_association] => 449591982
            [office] => AN8588
            [state] => MA
            [zip] => 02453
        )

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

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

[approx_living_area_total] => 6070
    [approx_lot_size_acres] => 0.22
    [approx_lot_size_sqft] => 9372
    [assessed_value] => $109,580
    [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] => 9
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Other
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 3 Family
        )

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

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

[compensation_based_on] => Array
        (
            [0] => Gross/full Sale Price
        )

[complex_complete] => Array
        (
        )

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

[construction_status] => 
    [cooling] => Array
        (
            [0] => 1
            [1] => Split
        )

[cooperating_agent_commission] => Array
        (
        )

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

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Great investment opportunity in Newton Corner. Tastefully renovated and expanded in 2022, this historic Victorian home consists of 3 side by side townhouses in turnkey condition. Units in the back and front are 3 bed 3.5 bath, & unit in the middle is 3 bed 2.5 bath, each about 2,000sqft. EACH unit features open concept living with quartz waterfall counter tops, GE/Cafe appliances, hardwood floors, recess lights throughout, modern bathrooms, in-unit laundry, Navien water heater, Central Heat/ AC, private outdoor space/patios and two assigned parking spaces. All units are separately metered. The building is featuring laminated windows for additional soundproof, brand new gas, water & sewer lines, new driveway, and equipped with fire sprinkler & fire alarm systems. This multifamily is ideally located in a great commuter location & is a great maintenance-free buy & hold opportunity!  Expected CO date is Feb.2023.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

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

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

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

[exterior_features] => Array
        (
            [0] => Porch
        )

[facilitator_compensation] => 0
    [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] => 1550
    [foundation_materials] => Array
        (
        )

[frontage_length] => 70.00
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

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

[high_school] => Newton North
    [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 01:41:00
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

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

[living_area_includes_basement] => Array
        (
            [0] => Yes
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
        )

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

[mls_area] => Newton Corner
    [mls_id] => 73067452
    [neighborhoods] => 
    [net_income_calc] => -5470
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 3
    [office] => Array
        (
            [id] => AN4341
            [name] => Century 21 North East
            [phone] => 781-893-4220
        )

[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] => 3399000
    [price_per_sqft] => 559.97
    [price_per_unit] => 1133000
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 3 Family - 3 Units Side By Side
        )

[real_estate_tax] => 5470.21
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

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

[rooms] => 20
    [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] => Canceled
        )

[street_number] => 38
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 1
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [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] => 2023
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 5470
    [total_gross_income] => 0
    [total_parking] => 6
    [trash_expense] => Array
        (
        )

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

[unit_1_bathrooms] => 3 Full, 1 Half
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 4
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 2 Full, 1 Half
    [unit_2_bedrooms] => 3
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 4
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 3 Full, 1 Half
    [unit_3_bedrooms] => 3
    [unit_3_floor] => 1
    [unit_3_lease] => Array
        (
            [0] => N
        )

[unit_3_levels] => 3
    [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] => 38 Richardson St., Newton MA 02458
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

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

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

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

[year_built] => 1820
    [year_built_details] => Actual,Renovated Since,Unknown/Mixed
    [year_built_source] => Owner
    [year_renovated] => 
    [zip] => 02458
    [zips] => 
    [zoning] => MR2
    [zoning_details] => 
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/330990/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=73067452&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=73067452&w=1024&h=768&n=3
            [3] => https://media.mlspin.com/photo.aspx?mls=73067452&w=1024&h=768&n=4
            [4] => https://media.mlspin.com/photo.aspx?mls=73067452&w=1024&h=768&n=5
            [5] => https://media.mlspin.com/photo.aspx?mls=73067452&w=1024&h=768&n=6
        )

[raw] => 
)

EXIT

4 More Photos

Canceled

38 Richardson St., Newton MA 02458

$3,399,000

Annual Expenses for 38 Richardson St., Newton MA 02458

Annual Income & Unit Breakdown for 38 Richardson St., Newton MA 02458

General Information for 38 Richardson St., Newton MA 02458

Disclosures for 38 Richardson St., Newton MA 02458

Financial Information for 38 Richardson St., Newton MA 02458

Location Information for 38 Richardson St., Newton MA 02458

Contact Information for 38 Richardson St., Newton MA 02458

Agent

Office

Payment Calculator

Exclusive Listing Agent

Century 21 North East

Alyona Shulakova