Overview Property Details Payment Calculator Walkability

Closed

18 The Clearing St, Lunenburg MA 01462

$695,000

Estimated $1,695.19/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $231,666.67

Total Rent: 65100/year

Estimated CAP Rate: 7.39%

9 Bedrooms

3 Full, 1 Half Baths

4,167 SqFt

Total Parking: 6

18,295 SqFt

RARE 3 Unit Duplex Multi-Family Near Lake Whalom. Each Apartment Comes Complete with Separate Gas Heat/ Gas Hot Water Heaters/ Individual Electric Meters/ Off Street Parking/ Common Laundry Area + BIG Grassy Yard for Outdoor Fun. Unit #1 was Recently Updated with 3 Bedrooms,...

This home has been viewed 18 times

Last Checked: May 7th, 2024 at 4:26am (Source: MLS PIN #73089745)

Gross Income: $65,100

Gross Expenses: $13,719

Net Income Calc: $51,381

CAP Rate: 7.39%

Beach Front

Annual Expenses for 18 The Clearing St, Lunenburg MA 01462

Total Gross Expenses (Calculated)$13,719/year

APOD AvailableNo

Heating

Electricity

Water$4,800

Gas$4,800

Insurance$2,100

Sewer$4,800

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,819

Annual Income & Unit Breakdown for 18 The Clearing St, Lunenburg MA 01462

Total Gross Income (Calculated)$65,100

Unit 1

Rental Income$2,300

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$1,725

LeaseN

Bedrooms4

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$1,400

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 18 The Clearing St, Lunenburg MA 01462

Listing ID73089745

Property TypeMulti Family / 3 Family

Price$695,000 ($166.79/SqFt)

Style3 Family - 3 Units Side By Side

CityLunenburg

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,167 SqFt

Approximate Lot Size (Acres)0.42 acres

Total Parking6

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningRA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front, 1/10 To 3/10 To Beach, Lake/pond, Beach Ownership(private)

Energy Features

Terms

Disclosures for 18 The Clearing St, Lunenburg MA 01462

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner, Limited Information

Total Gross Expenses By Broker$6,900

Total Gross Income By Broker$65,100

Total Net Income By Broker$58,200

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 18 The Clearing St, Lunenburg MA 01462

Real Estate Taxes$6,819

Tax Year2023

Assessed Value$466,400

Financial Data SourceOwner, Limited Information

Total Gross Expenses By Broker$6,900

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$65,100

BostonRealEstate.com Gross Income

Total Net Income By Broker$58,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.39%

Location Information for 18 The Clearing St, Lunenburg MA 01462

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Park

Contact Information for 18 The Clearing St, Lunenburg MA 01462

Agent

Name: Michael Beaudoin

MLS ID: H8000126

Office ID: AN6215

National Association ID: 449518860

Address: 90 Orchard Street

City: Leominster

State: MA

Zip: 01453

Office

Name: Coldwell Banker Realty - Leominster

MLS Office ID: AN6215

Phone: 978-840-4014

Payment Calculator

$4,850.62 per month

30 Years Fixed, 6.75% Interest

Property Taxes $568.25

Principal & Interest $4,282.37

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Leominster

Michael Beaudoin

Agent Phone

Office Phone

(978) 840-4014

Text Agent Call Agent Call Office

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[unit_1_bathrooms] => 1 Full
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EXIT

Closed

18 The Clearing St, Lunenburg MA 01462

$695,000

Annual Expenses for 18 The Clearing St, Lunenburg MA 01462

Annual Income & Unit Breakdown for 18 The Clearing St, Lunenburg MA 01462

General Information for 18 The Clearing St, Lunenburg MA 01462

Disclosures for 18 The Clearing St, Lunenburg MA 01462

Financial Information for 18 The Clearing St, Lunenburg MA 01462

Location Information for 18 The Clearing St, Lunenburg MA 01462

Contact Information for 18 The Clearing St, Lunenburg MA 01462

Agent

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Coldwell Banker Realty - Leominster

Michael Beaudoin