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.
This home has been viewed 34 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
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 Tax22346
Annual Income & Unit Breakdown for 85 Naples Road, Brookline MA 02446
Total Gross Income (Calculated)$67,200
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 85 Naples Road, Brookline MA 02446
Listing ID73079798
Property TypeMulti Family / 2 Family
Price3499000 ($716.13/SqFt)
Style2 Family - 2 Units Up/down
CityBrookline
CountyNorfolk
Neighborhood(s)Coolidge Corner (Brookline) v1, North Brookline (Brookline) v1
Approximate Living Area Total4886
Approximate Lot Size (Acres)0.23
Total Parking0
Garage Parking0
Year Built1905
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningT5
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 85 Naples Road, Brookline MA 02446
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
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 Compensation1
Compensation Based OnGross/full Sale Price
Financial Information for 85 Naples Road, Brookline MA 02446
Real Estate Taxes22346
Tax Year2023
Assessed Value$2,241,300
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 85 Naples Road, Brookline MA 02446
Neighborhood(s)Coolidge Corner (Brookline) v1, North Brookline (Brookline) v1
Area Amenities
Contact Information for 85 Naples Road, Brookline MA 02446