Location! Commuter's/Rental's Dream - Walk to new Green Line Extension Gilman Square right next to City Hall now open! Very Large 2 family house with 3 floors of living First unit has 3 bedrooms, Second unit has 5 bedrooms on 2 levels of living. All new hardwood/bamboo floor...
This home has been viewed 27 times
Last Checked: May 7th, 2024 at 2:20am (Source: MLS PIN #73078822)
Gross Income: $73,800
Gross Expenses: $11,184
Net Income Calc: $62,616
CAP Rate: 6.70%
Annual Expenses for 81 Gilman Street, Somerville MA 02145
Total Gross Expenses (Calculated)$11,184/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$11,184
Annual Income & Unit Breakdown for 81 Gilman Street, Somerville MA 02145
Total Gross Income (Calculated)$73,800
Unit 1
Rental Income$2,350
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$3,800
LeaseN
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 81 Gilman Street, Somerville MA 02145
Listing ID73078822
Property TypeMulti Family
Price$935,000 ($362.12/SqFt)
StyleMulti Family
CitySomerville
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,582 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking3
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area99999
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningR
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 81 Gilman Street, Somerville MA 02145
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureTotal Area 4101 sq ft
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$73,800
Total Net Income By Broker$73,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 81 Gilman Street, Somerville MA 02145
Real Estate Taxes$11,184
Tax Year2023
Assessed Value$1,081,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$73,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$73,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.70%
Location Information for 81 Gilman Street, Somerville MA 02145
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Shopping, Park, Public Transportation, T-station
Contact Information for 81 Gilman Street, Somerville MA 02145