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Closed

62 Kilbourn Rd, Lancaster MA 01523

$440,000

Estimated $1,110.88/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $220,000

Total Rent: 33600/year

Estimated CAP Rate: 6.55%

4 Bedrooms

2 Full Baths

2,384 SqFt

Total Parking: 4

13,809 SqFt

***GROUP SHOWING, Thursday December 29th at 6:30*** LANCASTER TWO-FAMILY NOW AVAILABLE!! A rare find with separate entrances and driveways, located on a dead end road. First unit offers five rooms and a full bath. Second unit has been remodeled with four rooms and a full bath. Brand new roof, Nov 2022! Basement recently cleaned out and easy to show. Separate laundry hookups located in basement. Home is sited on .32 acres of land with flower and herb gardens. Preferred location close to all amenities and easy access to highways. Monthly rental income is currently $2,800.00.

This home has been viewed 30 times

Last Checked: May 7th, 2024 at 2:46am (Source: MLS PIN #73043581)

Gross Income: $33,600

Gross Expenses: $4,769

Net Income Calc: $28,831

CAP Rate: 6.55%

Annual Expenses for 62 Kilbourn Rd, Lancaster MA 01523

Total Gross Expenses (Calculated)$4,769/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,769

Annual Income & Unit Breakdown for 62 Kilbourn Rd, Lancaster MA 01523

Total Gross Income (Calculated)$33,600

Unit 1

Rental Income$1,400

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,400

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 62 Kilbourn Rd, Lancaster MA 01523

Listing ID73043581

Property TypeMulti Family / 2 Family

Price$440,000 ($184.56/SqFt)

Style2 Family - 2 Units Up/down

CityLancaster

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,384 SqFt

Approximate Lot Size (Acres)0.32 acres

Total Parking4

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone,Other

Accessible Features

Outdoor Space

ZoningRES

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 62 Kilbourn Rd, Lancaster MA 01523

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$29,400

Total Net Income By Broker$29,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation2.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 62 Kilbourn Rd, Lancaster MA 01523

Real Estate Taxes$4,769

Tax Year2022

Assessed Value$245,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$29,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$29,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.55%

Location Information for 62 Kilbourn Rd, Lancaster MA 01523

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Park, Medical Facility, Laundromat, Public Transportation, Private School, University

Contact Information for 62 Kilbourn Rd, Lancaster MA 01523

Agent

Name: Mary N. Foley

Office

Name: Mary Foley Real Estate

Phone: 978-840-3030

Payment Calculator

, Interest

Property Taxes 397.42

Principal & Interest 2711.14

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Mary Foley Real Estate

Mary N. Foley

Agent Phone

Office Phone

(978) 840-3030

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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EXIT