Overview Property Details Payment Calculator Walkability

Closed

36 Lake St, Webster MA 01570

$699,000

Estimated $1,316.76/month Calculator

Multi Family

Total Units: 7

Price Per Unit: $99,857.14

Total Rent: 22500/year

Estimated CAP Rate: 2.90%

12 Bedrooms

7 Full Baths

5,000 SqFt

Total Parking: 4 (2 Garage)

6,000 SqFt

INVESTOR ALERT!!! Rare opportunity to own this 7-unit investment property. Units range from studio, 1 bedroom, 2 and 3 bedrooms. Rents are below market as tenants are long-term tenants. This is a true cash-cow and a great investment opportunity to add to your portfolio. Stud...

This home has been viewed 31 times

Last Checked: May 7th, 2024 at 3:11am (Source: MLS PIN #73088431)

Gross Income: $22,500

Gross Expenses: $2,200

Net Income Calc: $20,300

CAP Rate: 2.90%

Annual Expenses for 36 Lake St, Webster MA 01570

Total Gross Expenses (Calculated)$2,200/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$2,200

Annual Income & Unit Breakdown for 36 Lake St, Webster MA 01570

Total Gross Income (Calculated)$22,500

Unit 1

Rental Income$1,025

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$850

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 36 Lake St, Webster MA 01570

Listing ID73088431

Property TypeMulti Family / 5+ Family

Price$699,000 ($139.8/SqFt)

Style5-9 Family

CityWebster

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total5,000 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking4 (2 Garage)

Garage Parking2 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsStone

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRes

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 36 Lake St, Webster MA 01570

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$22,800

Total Net Income By Broker$72,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 36 Lake St, Webster MA 01570

Real Estate Taxes$2,200

Tax Year2021

Assessed Value$144,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$22,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$72,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.90%

Location Information for 36 Lake St, Webster MA 01570

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPublic Transportation

Contact Information for 36 Lake St, Webster MA 01570

Agent

Name: Entela Agolli

MLS ID: CT003719

Office ID: AN4146

National Association ID: 453011902

Address: 512 Walters Drive

City: Wake Forest

State: NC

Zip: 27587

Office

Name: Century 21 XSELL REALTY

MLS Office ID: AN4146

Phone: 774-772-7072

Payment Calculator

$4,490.35 per month

30 Years Fixed, 6.75% Interest

Property Taxes $183.33

Principal & Interest $4,307.02

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 XSELL REALTY

Entela Agolli

Agent Phone

Office Phone

(774) 772-7072

Text Agent Call Agent Call Office

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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
        (
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[perc_test] => Array
        (
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[perc_test_date] => Unknown
    [pet_policy] => Array
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[phone] => 
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[road_frontage_type] => Array
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[uffi] => Array
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EXIT

Closed

36 Lake St, Webster MA 01570

$699,000

Annual Expenses for 36 Lake St, Webster MA 01570

Annual Income & Unit Breakdown for 36 Lake St, Webster MA 01570

General Information for 36 Lake St, Webster MA 01570

Disclosures for 36 Lake St, Webster MA 01570

Financial Information for 36 Lake St, Webster MA 01570

Location Information for 36 Lake St, Webster MA 01570

Contact Information for 36 Lake St, Webster MA 01570

Agent

Office

Payment Calculator

Exclusive Listing Agent

Century 21 XSELL REALTY

Entela Agolli