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Closed

40 Stebbins St., Ludlow MA 01056

$279,900

Estimated $695.11/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $139,950

Total Rent: 16800/year

Estimated CAP Rate: 4.97%

4 Bedrooms

2 Full Baths

1,561 SqFt

Total Parking: 4

8,817 SqFt

Welcome home to this great owner occupied / investment property! Some great features include: An updated roof, vinyl siding & gas heat. 2 spacious apartments including 2 bedrooms, an office space, living room & kitchen. The second-floor unit has a mini -split, farmers porch, old world woodwork, ceiling fans, and a dry basement for storage. The property also has a sprinkler system. Plenty of off-street parking, flat yard, picnic area & storage shed. This property has been family owned for years and is located in an established neighborhood minutes away from the highway & Mass Pike! ********** OFFER DEADLINE IS MONDAY 3/20/23 AT 1 pm *********

This home has been viewed 25 times

Last Checked: May 7th, 2024 at 4:01am (Source: MLS PIN #73087650)

Gross Income: $16,800

Gross Expenses: $2,895

Net Income Calc: $13,905

CAP Rate: 4.97%

Annual Expenses for 40 Stebbins St., Ludlow MA 01056

Total Gross Expenses (Calculated)$2,895/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$2,895

Annual Income & Unit Breakdown for 40 Stebbins St., Ludlow MA 01056

Total Gross Income (Calculated)$16,800

Unit 1

Rental Income$715

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$685

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 40 Stebbins St., Ludlow MA 01056

Listing ID73087650

Property TypeMulti Family

Price$279,900 ($179.31/SqFt)

StyleMulti Family

CityLudlow

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total1,561 SqFt

Approximate Lot Size (Acres)0.2 acres

Total Parking4

Garage Parking

Year Built1900

Year Built SourceOwner

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Corner Lot

Foundation Area0

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningResB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 40 Stebbins St., Ludlow MA 01056

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$16,800

Total Net Income By Broker$16,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 40 Stebbins St., Ludlow MA 01056

Real Estate Taxes$2,895

Tax Year2023

Assessed Value$148,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$16,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$16,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.97%

Location Information for 40 Stebbins St., Ludlow MA 01056

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 40 Stebbins St., Ludlow MA 01056

Agent

Name: The Generation Group

Office

Name: Coldwell Banker Realty - Western MA

Phone: 413-567-8931

Team Members

Name: Michael A. Parker

Phone: 413-427-4130

Payment Calculator

, Interest

Property Taxes 241.25

Principal & Interest 1724.65

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Western MA

The Generation Group

Agent Phone

Office Phone

(413) 567-8931

Text Agent Call Agent Call Office

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[terms] => Array
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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                    [modified] => 2024-05-07 04:01:24
                )

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                )

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                    [index] => 34
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                    [modified] => 2024-05-07 04:01:24
                )

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                )

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                    [modified] => 2024-05-07 04:01:24
                )

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                )

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                    [modified] => 2024-05-07 04:01:24
                )

)

)

EXIT