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31-35 Elm St, Cohasset MA 02025

$1,095,000

Estimated $2,795.37/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $365,000

Total Rent: 79800/year

Estimated CAP Rate: 6.17%

6 Bedrooms

4 Full, 2 Half Baths

4,101 SqFt

Total Parking: 10

30,312 SqFt

Cohasset Village!! Come see this amazing property, which is perfect for walking to all that Cohasset has to offer, from its highly acclaimed schools, shops & restaurants, the common, library, the beach and ESPECIALLY Cohasset HARBOR. This legal three family property is situated on .7 acres. The largest unit has seen some upgrades recently. The two bedroom rental unit lays out well, and the lower level studio both have strong rental history. Current leases are tenant at will. Take advantage of some strong cash flow, or look at the redevelopment potential-in the area of the exciting redevelopment of Cohasset Harbor!!

This home has been viewed 32 times

Last Checked: May 7th, 2024 at 2:46am (Source: MLS PIN #73050245)

Gross Income: $79,800

Gross Expenses: $12,238

Net Income Calc: $67,562

CAP Rate: 6.17%

Beach Front

Annual Expenses for 31-35 Elm St, Cohasset MA 02025

Total Gross Expenses (Calculated)$12,238/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$12,238

Annual Income & Unit Breakdown for 31-35 Elm St, Cohasset MA 02025

Total Gross Income (Calculated)$79,800

Unit 1

Rental Income$3,200

LeaseN

Bedrooms3

Bathrooms2 Full, 2 Half

Floor1

Levels in Unit3

HeatingYes

Rent IncludesUnit 1(none)

Unit 2

Rental Income$2,800

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(none)

Unit 3

Rental Income$650

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none)

General Information for 31-35 Elm St, Cohasset MA 02025

Listing ID73050245

Property TypeMulti Family / 3 Family

Price$1,095,000 ($267.01/SqFt)

Style3 Family

CityCohasset

CountyNorfolk

MLS Area

Neighborhood(s)

Approximate Living Area Total4,101 SqFt

Approximate Lot Size (Acres)0.7 acres

Total Parking10

Garage Parking

Year Built1752

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping, Marsh

Foundation Area

Foundation DescriptionIrregular

Accessible Features

Outdoor Space

ZoningRA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesHarbor, Ocean, Beach Front, Beach Ownership(public, 1/2 To 1 Mile To Beach, Association)

Energy Features

Terms

Disclosures for 31-35 Elm St, Cohasset MA 02025

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$79,800

Total Net Income By Broker$79,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1.5

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 31-35 Elm St, Cohasset MA 02025

Real Estate Taxes$12,238

Tax Year2022

Assessed Value$974,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$79,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$79,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.17%

Location Information for 31-35 Elm St, Cohasset MA 02025

Elementary SchoolOsgood

Middle SchoolDeerhill

High SchoolCm/High

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 31-35 Elm St, Cohasset MA 02025

Agent

Name: Sestito Group

Office

Name: William Raveis R.E. & Home Services

Phone: 781-383-0759

Team Members

Name: Lillian Sestito

Phone: 781-956-0070

Payment Calculator

, Interest

Property Taxes 1019.83

Principal & Interest 6747.04

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R.E. & Home Services

Sestito Group

Agent Phone

Office Phone

(781) 383-0759

Text Agent Call Agent Call Office

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EXIT

Closed

31-35 Elm St, Cohasset MA 02025

$1,095,000

Annual Expenses for 31-35 Elm St, Cohasset MA 02025

Annual Income & Unit Breakdown for 31-35 Elm St, Cohasset MA 02025

General Information for 31-35 Elm St, Cohasset MA 02025

Disclosures for 31-35 Elm St, Cohasset MA 02025

Financial Information for 31-35 Elm St, Cohasset MA 02025

Location Information for 31-35 Elm St, Cohasset MA 02025

Contact Information for 31-35 Elm St, Cohasset MA 02025

Agent

Office

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Exclusive Listing Agent

William Raveis R.E. & Home Services

Sestito Group