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84-86 Maple Ter, West Springfield MA 01089

$279,900

Estimated $741.36/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $139,950

Total Rent: 22800/year

Estimated CAP Rate: 5.84%

4 Bedrooms

2 Full Baths

1,892 SqFt

Total Parking: 4

7,550 SqFt

Turnkey 2 family in great, easy to rent location. Spacious units with existing tenants on month to month leases ready for new ownership. Rents are below market with some room for growth. Earn yourself some solid cash flow with this multifamily investment property, and opportunities to build equity by adding value.

This home has been viewed 76 times

Last Checked: May 7th, 2024 at 2:10am (Source: MLS PIN #73034691)

Gross Income: $22,800

Gross Expenses: $6,466

Net Income Calc: $16,334

CAP Rate: 5.84%

Annual Expenses for 84-86 Maple Ter, West Springfield MA 01089

Total Gross Expenses (Calculated)$6,466/year

APOD AvailableYes

Heating

Electricity

Water$596

Gas$596

Insurance$1,220

Sewer$596

Trash Removal

Repair & Maintenance$1,200

Management

Miscellaneous

Real Estate Tax$3,450

Annual Income & Unit Breakdown for 84-86 Maple Ter, West Springfield MA 01089

Total Gross Income (Calculated)$22,800

Unit 1

Rental Income$950

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$950

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 84-86 Maple Ter, West Springfield MA 01089

Listing ID73034691

Property TypeMulti Family

Price$279,900 ($147.94/SqFt)

StyleMulti Family

CityWest Springfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total1,892 SqFt

Approximate Lot Size (Acres)0.17 acres

Total Parking4

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel, Corner Lot

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 84-86 Maple Ter, West Springfield MA 01089

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$3,016

Total Gross Income By Broker$22,800

Total Net Income By Broker$22,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2,5

Sub-Agent Compensation2.5

Compensation Based OnGross/full Sale Price

Financial Information for 84-86 Maple Ter, West Springfield MA 01089

Real Estate Taxes$3,450

Tax Year2022

Assessed Value$218,900

Financial Data Source

Total Gross Expenses By Broker$3,016

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$22,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$22,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.84%

Location Information for 84-86 Maple Ter, West Springfield MA 01089

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 84-86 Maple Ter, West Springfield MA 01089

Agent

Name: Roger J. Roberge

Office

Name: RR & Company Realty, LLC

Phone: 413-314-3463

Payment Calculator

, Interest

Property Taxes 287.5

Principal & Interest 1724.65

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RR & Company Realty, LLC

Roger J. Roberge

Agent Phone

Office Phone

(413) 314-3463

Text Agent Call Agent Call Office

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EXIT