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Expired

2 Hingham Street, Cambridge MA 02138

$6,450,000

Estimated $13,125.31/month Calculator

Multi Family

Total Units: 8

Price Per Unit: $806,250

Total Rent: 96000/year

Estimated CAP Rate: 0.99%

20 Bedrooms

12 Full, 4 Half Baths

8,160 SqFt

Total Parking: 0

3,808 SqFt

8 unit rental property blocks from Harvard Business School and Harvard Square. Approximately $32000 per month in rent and fully occupied. Over 5% cap rate in a generational asset!

This home has been viewed 43 times

Last Checked: May 7th, 2024 at 1:46am (Source: MLS PIN #73072273)

Gross Income: $96,000

Gross Expenses: $32,000

Net Income Calc: $64,000

CAP Rate: 0.99%

Annual Expenses for 2 Hingham Street, Cambridge MA 02138

Total Gross Expenses (Calculated)$32,000/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$32,000

Annual Income & Unit Breakdown for 2 Hingham Street, Cambridge MA 02138

Total Gross Income (Calculated)$96,000

Unit 1

Rental Income$6,000

LeaseY

Bedrooms4

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit3

HeatingNo

Rent Includes

Unit 2

Rental Income$2,000

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 2 Hingham Street, Cambridge MA 02138

Listing ID73072273

Property TypeMulti Family / 5+ Family

Price$6,450,000 ($790.44/SqFt)

Style5-9 Family

CityCambridge

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total8,160 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking0

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter,Brick/Mortar

Accessible Features

Outdoor Space

ZoningC1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 2 Hingham Street, Cambridge MA 02138

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$96,000

Total Net Income By Broker$96,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 2 Hingham Street, Cambridge MA 02138

Real Estate Taxes$32,000

Tax Year2022

Assessed Value$4,887,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$96,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$96,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)0.99%

Location Information for 2 Hingham Street, Cambridge MA 02138

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 2 Hingham Street, Cambridge MA 02138

Agent

Name: Ben Lin

Office

Name: In REM Real Estate P.C.

Phone: 857-576-0827

Team Members

Payment Calculator

, Interest

Property Taxes 2666.67

Principal & Interest 39742.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

In REM Real Estate P.C.

Ben Lin

Agent Phone

Office Phone

(857) 576-0827

Text Agent Call Agent Call Office

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EXIT

Expired

2 Hingham Street, Cambridge MA 02138

$6,450,000

Annual Expenses for 2 Hingham Street, Cambridge MA 02138

Annual Income & Unit Breakdown for 2 Hingham Street, Cambridge MA 02138

General Information for 2 Hingham Street, Cambridge MA 02138

Disclosures for 2 Hingham Street, Cambridge MA 02138

Financial Information for 2 Hingham Street, Cambridge MA 02138

Location Information for 2 Hingham Street, Cambridge MA 02138

Contact Information for 2 Hingham Street, Cambridge MA 02138

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

In REM Real Estate P.C.

Ben Lin