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37-39 Faxon St., Newton MA 02458

$1,695,000

Estimated $3,601.25/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $565,000

Total Rent: 97800/year

Estimated CAP Rate: 5.17%

8 Bedrooms

3 Full Baths

3,553 SqFt

Total Parking: 4

7,200 SqFt

Meticulously maintained three-family in convenient Newton location. Enjoy condo quality finishes with new kitchens in each unit that feature stainless steel appliances, dishwashers, quartz countertops, in-unit laundry, Navien heating systems, Mitsubishi ductless mini spits and hardwood floors throughout. This home can function as three separate units or one multi generational home - separate enough to have plenty of privacy, but cohesive enough to feel like one space if preferred. The location provides easy access to major routes, schools, public transportation, parks, restaurants and shopping venues.

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 3:01am (Source: MLS PIN #73052032)

Gross Income: $97,800

Gross Expenses: $10,233

Net Income Calc: $87,567

CAP Rate: 5.17%

Annual Expenses for 37-39 Faxon St., Newton MA 02458

Total Gross Expenses (Calculated)$10,233/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$10,233.86

Annual Income & Unit Breakdown for 37-39 Faxon St., Newton MA 02458

Total Gross Income (Calculated)$97,800

Unit 1

Rental Income$3,000

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$3,200

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,950

LeaseY

Bedrooms2

Bathrooms1 Full

Floor0

Levels in Unit1

HeatingYes

Rent Includes

General Information for 37-39 Faxon St., Newton MA 02458

Listing ID73052032

Property TypeMulti Family / 3 Family

Price$1,695,000 ($477.06/SqFt)

Style3 Family - 3 Units Up/down

CityNewton

CountyMiddlesex

MLS AreaNonantum

Neighborhood(s)

Approximate Living Area Total3,553 SqFt

Approximate Lot Size (Acres)0.17 acres

Total Parking4

Garage Parking

Year Built1966

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningMR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 37-39 Faxon St., Newton MA 02458

Lead Paint

UFFI

Living Area Includes BasementYes

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$92,400

Total Net Income By Broker$92,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 37-39 Faxon St., Newton MA 02458

Real Estate Taxes$10,233.86

Tax Year2022

Assessed Value$972,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$92,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$92,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.17%

Location Information for 37-39 Faxon St., Newton MA 02458

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaNonantum

Area Amenities

Contact Information for 37-39 Faxon St., Newton MA 02458

Agent

Name: Todd Anzlovar

Office

Name: Coldwell Banker Realty - Boston

Phone: 617-266-4430

Payment Calculator

, Interest

Property Taxes 852.82

Principal & Interest 10444.05

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Todd Anzlovar

Agent Phone

Office Phone

(617) 266-4430

Text Agent Call Agent Call Office

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EXIT

Closed

37-39 Faxon St., Newton MA 02458

$1,695,000

Annual Expenses for 37-39 Faxon St., Newton MA 02458

Annual Income & Unit Breakdown for 37-39 Faxon St., Newton MA 02458

General Information for 37-39 Faxon St., Newton MA 02458

Disclosures for 37-39 Faxon St., Newton MA 02458

Financial Information for 37-39 Faxon St., Newton MA 02458

Location Information for 37-39 Faxon St., Newton MA 02458

Contact Information for 37-39 Faxon St., Newton MA 02458

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Coldwell Banker Realty - Boston

Todd Anzlovar