Overview Property Details Payment Calculator Walkability

Closed

28-30 Pine Street, Methuen MA 01844

$696,283

Estimated $1,639.82/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $174,070.75

Total Rent: 59760/year

Estimated CAP Rate: 7.70%

6 Bedrooms

4 Full Baths

2,960 SqFt

Total Parking: 8

12,196 SqFt

4 UNIT BUILDING! Great investment property! Current rents below market value. Located on a dead end street. This 4 family unit offers 2 duplex style living ,2 units have one bedroom. Units on first floors and 2 units on 2nd floor which have two levels of living. Mainte...

This home has been viewed 17 times

Last Checked: May 7th, 2024 at 4:06am (Source: MLS PIN #73071691)

Gross Income: $59,760

Gross Expenses: $6,129

Net Income Calc: $53,631

CAP Rate: 7.70%

Annual Expenses for 28-30 Pine Street, Methuen MA 01844

Total Gross Expenses (Calculated)$6,129/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,129.59

Annual Income & Unit Breakdown for 28-30 Pine Street, Methuen MA 01844

Total Gross Income (Calculated)$59,760

Unit 1

Rental Income$1,240

LeaseN

Bedrooms1

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,340

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

Unit 3

Rental Income$1,100

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 28-30 Pine Street, Methuen MA 01844

Listing ID73071691

Property TypeMulti Family / 4 Family

Price$696,283 ($235.23/SqFt)

Style4 Family

CityMethuen

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,960 SqFt

Approximate Lot Size (Acres)0.28 acres

Total Parking8

Garage Parking

Year Built1930

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

Zoningres

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 28-30 Pine Street, Methuen MA 01844

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$59,760

Total Net Income By Broker$59,760

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 28-30 Pine Street, Methuen MA 01844

Real Estate Taxes$6,129.59

Tax Year2023

Assessed Value$469,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$59,760

BostonRealEstate.com Gross Income

Total Net Income By Broker$59,760

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.70%

Location Information for 28-30 Pine Street, Methuen MA 01844

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation

Contact Information for 28-30 Pine Street, Methuen MA 01844

Agent

Name: Constance Doto

MLS ID: G0002741

Office ID: AC0865

National Association ID: 456001525

Address: 119 Pleasant Street

City: Methuen

State: MA

Zip: 01844

Office

Name: Connie Doto Realty Group

MLS Office ID: AC0865

Phone: 978-683-0004

Payment Calculator

$4,801.07 per month

30 Years Fixed, 6.75% Interest

Property Taxes $510.80

Principal & Interest $4,290.27

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Connie Doto Realty Group

Constance Doto

Agent Phone

Office Phone

(978) 683-0004

Text Agent Call Agent Call Office

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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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EXIT

Closed

28-30 Pine Street, Methuen MA 01844

$696,283

Annual Expenses for 28-30 Pine Street, Methuen MA 01844

Annual Income & Unit Breakdown for 28-30 Pine Street, Methuen MA 01844

General Information for 28-30 Pine Street, Methuen MA 01844

Disclosures for 28-30 Pine Street, Methuen MA 01844

Financial Information for 28-30 Pine Street, Methuen MA 01844

Location Information for 28-30 Pine Street, Methuen MA 01844

Contact Information for 28-30 Pine Street, Methuen MA 01844

Agent

Office

Payment Calculator

Exclusive Listing Agent

Connie Doto Realty Group

Constance Doto