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55-57 Davis Rd, Belmont MA 02478

$1,200,000

Estimated $2,977/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $600,000

Total Rent: 33600/year

Estimated CAP Rate:

5 Bedrooms

Baths

2762

Total Parking: 4 (2 Garage)

4,449 (0.10)

Move right in to this thoughtfully updated two family home w/new kitchen (2023), new roof (2023) and convenient garage parking. Unit 2 consists of the top two floors and features a spacious living room w/lots of windows, a shiny new kitchen w/custom cabinetry, stone counters with an island, new SS appliances & induction range w/vent hood (and yes, it vents externally).There are also 2 bedrooms, a full bath and sunroom on this level. The top floor has a bedroom w/additional room which might be perfect as an office/nursery etc. Unit 1 is currently leased until 2/29/24 at $2800/mo. This unit also has its own sunroom (unheated) w/shared direct access to the fenced yard. Laundry located in basement, 4 parking spaces split between the units (2 garage spaces & 2 driveway spaces directly behind them). Close to Waverley Sq. commuter rail, Belmont center and buses to Harvard Sq. making it the perfect location for commuters.Energy efficiency upgrades: 2016 Blown in insulation and all new window.

This home has been viewed 46 times

Last Checked: May 7th, 2024 at 4:16am (Source: MLS PIN #73095376)

Gross Income: $33,600

Gross Expenses: $12,372

Net Income Calc: $21,228

Water Views

Annual Expenses for 55-57 Davis Rd, Belmont MA 02478

Total Gross Expenses (Calculated)$12,372/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12372.88

Annual Income & Unit Breakdown for 55-57 Davis Rd, Belmont MA 02478

Total Gross Income (Calculated)$33,600

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 55-57 Davis Rd, Belmont MA 02478

Listing ID73095376

Property TypeMulti Family

Price1200000 ($434.47/SqFt)

StyleMulti Family

CityBelmont

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2762

Approximate Lot Size (Acres)0.1

Total Parking4 (2 Garage)

Garage Parking2

Year Built1937

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoningres

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 55-57 Davis Rd, Belmont MA 02478

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsAll Personal Property.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 55-57 Davis Rd, Belmont MA 02478

Real Estate Taxes12372.88

Tax Year2023

Assessed Value$1,086,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 55-57 Davis Rd, Belmont MA 02478

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 55-57 Davis Rd, Belmont MA 02478

Agent

Name: Currier, Lane & Young

Office

Name: Compass

Phone: 617-303-0067

Payment Calculator

, Interest

Property Taxes 1031.07

Principal & Interest 7394.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Currier, Lane & Young

Agent Phone

Office Phone

(617) 303-0067

Text Agent Call Agent Call Office

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EXIT

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