Overview Property Details Payment Calculator Walkability

Closed

37-39 Freeman St., Haverhill MA 01832

$995,000

Estimated $2,327.14/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $199,000

Total Rent: 88200/year

Estimated CAP Rate: 5.28%

15 Bedrooms

5 Full Baths

5,710 SqFt

Total Parking: 0

5,314 SqFt

Excellent investment opportunity! Turn key building with tenants in place and stabilized rents. Newer heating systems (three out of five have been replaced within the past two years), new side decks, new fence in the backyard, improved front deck, newer siding (2017), upgrad...

This home has been viewed 26 times

Last Checked: May 7th, 2024 at 3:46am (Source: MLS PIN #73089788)

Gross Income: $88,200

Gross Expenses: $35,706

Net Income Calc: $52,494

CAP Rate: 5.28%

Annual Expenses for 37-39 Freeman St., Haverhill MA 01832

Total Gross Expenses (Calculated)$35,706/year

APOD AvailableYes

Heating

Electricity$332

Water$3,945

Gas$3,945

Insurance$5,578

Sewer$3,945

Trash Removal

Repair & Maintenance

Management$5,460

Miscellaneous$11,826

Real Estate Tax$8,565

Annual Income & Unit Breakdown for 37-39 Freeman St., Haverhill MA 01832

Total Gross Income (Calculated)$88,200

Unit 1

Rental Income$1,800

LeaseY

Bedrooms3

Bathrooms1 Full

Floor0

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,800

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$2,000

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,750

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 37-39 Freeman St., Haverhill MA 01832

Listing ID73089788

Property TypeMulti Family / 5+ Family

Price$995,000 ($174.26/SqFt)

Style5-9 Family

CityHaverhill

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total5,710 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking0

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesSloped

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

Zoning111

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 37-39 Freeman St., Haverhill MA 01832

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$27,142

Total Gross Income By Broker$109,200

Total Net Income By Broker$82,058

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 37-39 Freeman St., Haverhill MA 01832

Real Estate Taxes$8,565

Tax Year2023

Assessed Value$673,300

Financial Data SourceOwner

Total Gross Expenses By Broker$27,142

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$109,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$82,058

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.28%

Location Information for 37-39 Freeman St., Haverhill MA 01832

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 37-39 Freeman St., Haverhill MA 01832

Agent

Name: Nick Cowden

MLS ID: NB113480

Office ID: AN6818

National Association ID: 449592291

Address: 10 Jersey St.

City: Marblehead

State: MA

Zip: 01945

Office

Name: Compass

MLS Office ID: AN6818

Phone: 781-534-9229

Payment Calculator

$6,844.62 per month

30 Years Fixed, 6.75% Interest

Property Taxes $713.75

Principal & Interest $6,130.87

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Nick Cowden

Agent Phone

Office Phone

(781) 534-9229

Text Agent Call Agent Call Office

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EXIT

Closed

37-39 Freeman St., Haverhill MA 01832

$995,000

Annual Expenses for 37-39 Freeman St., Haverhill MA 01832

Annual Income & Unit Breakdown for 37-39 Freeman St., Haverhill MA 01832

General Information for 37-39 Freeman St., Haverhill MA 01832

Disclosures for 37-39 Freeman St., Haverhill MA 01832

Financial Information for 37-39 Freeman St., Haverhill MA 01832

Location Information for 37-39 Freeman St., Haverhill MA 01832

Contact Information for 37-39 Freeman St., Haverhill MA 01832

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