Overview Property Details Payment Calculator Walkability

Expired

85 Naples Road, Brookline MA 02446

$3,499,000

Estimated $7,535.78/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $1,749,500

Total Rent: 67200/year

Estimated CAP Rate: 1.28%

6 Bedrooms

2 Full Baths

4,886 SqFt

Total Parking: 0

9,843 SqFt

Located in the midst of Coolidge Corner, 85 Naples Road offers a tremendous opportunity for either an end-user or a developer. The legal two-family is sited on a nearly 10K lot within the T5 subdistrict. An unusually deep lot of over 170 feet offers expansion opportunities ...

This home has been viewed 18 times

Last Checked: May 7th, 2024 at 2:41am (Source: MLS PIN #73079798)

Gross Income: $67,200

Gross Expenses: $22,346

Net Income Calc: $44,854

CAP Rate: 1.28%

Annual Expenses for 85 Naples Road, Brookline MA 02446

Total Gross Expenses (Calculated)$22,346/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$22,346

Annual Income & Unit Breakdown for 85 Naples Road, Brookline MA 02446

Total Gross Income (Calculated)$67,200

Unit 1

Rental Income$2,400

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$3,200

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 85 Naples Road, Brookline MA 02446

Listing ID73079798

Property TypeMulti Family / 2 Family

Price$3,499,000 ($716.13/SqFt)

Style2 Family - 2 Units Up/down

CityBrookline

CountyNorfolk

MLS Area

Neighborhood(s)Coolidge Corner (Brookline) v1, North Brookline (Brookline) v1

Approximate Living Area Total4,886 SqFt

Approximate Lot Size (Acres)0.23 acres

Total Parking0

Garage Parking

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesWooded

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningT5

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 85 Naples Road, Brookline MA 02446

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosurebasement unfinished

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$67,200

Total Net Income By Broker$67,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 85 Naples Road, Brookline MA 02446

Real Estate Taxes$22,346

Tax Year2023

Assessed Value$2,241,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$67,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$67,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.28%

Location Information for 85 Naples Road, Brookline MA 02446

Elementary School

Middle School

High School

Neighborhood(s)Coolidge Corner (Brookline) v1, North Brookline (Brookline) v1

MLS Area

Area Amenities

Contact Information for 85 Naples Road, Brookline MA 02446

Agent

Name: Michael Sellers

MLS ID: CN250990

Office ID: AN7407

Address: 210 Indian Hill Road

City: Groton

State: MA

Zip: 01450

Office

Name: Odessit Capital

MLS Office ID: AN7407

Phone: 617-277-4000

Payment Calculator

$23,421.90 per month

30 Years Fixed, 6.75% Interest

Property Taxes $1,862.17

Principal & Interest $21,559.73

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Odessit Capital

Michael Sellers

Agent Phone

Office Phone

(617) 277-4000

Text Agent Call Agent Call Office

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    [description] => Located in the midst of Coolidge Corner, 85 Naples Road offers a tremendous opportunity for either an end-user or a developer. The legal two-family is sited on a nearly 10K lot within the T5 subdistrict.  An unusually deep lot of over 170 feet offers expansion opportunities to create a palatial single or multi-family residence. Convenient access to the MBTA B & C lines, Harvard Street, Ridley School, BU, and a wide range of local dining and shopping venues.Both units are currently rented on leases that expire 3/31/23.
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[owner_occupancy_source] => 
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[pasture_area] => None
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        (
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[perc_test] => Array
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[perc_test_date] => Unknown
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[phone] => 334-312-6255
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EXIT