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Canceled

27 Oakwood Rd., Newton MA 02466

$1,395,000

Estimated $3,158.49/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $697,500

Total Rent: 66000/year

Estimated CAP Rate: 3.96%

5 Bedrooms

2 Full Baths

2,358 SqFt

Total Parking: 8 (2 Garage)

9,819 SqFt

*ATTENTION INVESTORS & DEVELOPERS!* Two family investment property with immediate income or luxury townhouse development opportunity. Lot size allows two Townhouses up to 6,187 sqft (w/ finished basement) & bonus. Located in idyllic Auburndale on a dead end street. Short walk to the Riverside and Auburndale Green Line T stops and easy access to I95 and the Mass Pike. Close proximity to the Williams Elementary School, Lasell College, the Woodland Golf Club, and the Leo Martin Public Golf Course/Weston X-Country Ski Center. First floor features two bedrooms, one bathroom, kitchen, living room, dining room, and sunroom leased for $2650 until the end of May. Second floor duplex features three bedrooms, one bathroom, kitchen, living room, dining room, and sunroom leased for $2850 until the end of August. Property includes a large unfinished basement and attic, two car garage and two separate driveways. Priced to sell fast. Cash, quick close preferred.

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 5:16am (Source: MLS PIN #73054780)

Gross Income: $66,000

Gross Expenses: $10,758

Net Income Calc: $55,242

CAP Rate: 3.96%

Annual Expenses for 27 Oakwood Rd., Newton MA 02466

Total Gross Expenses (Calculated)$10,758/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$10,758

Annual Income & Unit Breakdown for 27 Oakwood Rd., Newton MA 02466

Total Gross Income (Calculated)$66,000

Unit 1

Rental Income$2,650

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

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

Unit 2

Rental Income$2,850

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

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

General Information for 27 Oakwood Rd., Newton MA 02466

Listing ID73054780

Property TypeMulti Family

Price$1,395,000 ($591.6/SqFt)

StyleMulti Family

CityNewton

CountyMiddlesex

MLS AreaAuburndale

Neighborhood(s)

Approximate Living Area Total2,358 SqFt

Approximate Lot Size (Acres)0.23 acres

Total Parking8 (2 Garage)

Garage Parking2 / Detached

Year Built1924

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningSR3

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 27 Oakwood Rd., Newton MA 02466

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure3729 sqft total area

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$66,000

Total Net Income By Broker$66,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 27 Oakwood Rd., Newton MA 02466

Real Estate Taxes$10,758

Tax Year2022

Assessed Value$1,022,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$66,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$66,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.96%

Location Information for 27 Oakwood Rd., Newton MA 02466

Elementary SchoolWilliams

Middle SchoolBrown

High SchoolNewton South

Neighborhood(s)

MLS AreaAuburndale

Area AmenitiesHighway Access, House Of Worship, Public School, Park, Medical Facility, Public Transportation, T-station, University

Contact Information for 27 Oakwood Rd., Newton MA 02466

Agent

Name: Brandon Muroff

Office

Name: Red Tree Real Estate

Phone: 617-487-8015

Team Members

Name: Nicole Stabnikov

Phone: 617-455-1950

Payment Calculator

, Interest

Property Taxes 896.5

Principal & Interest 8595.55

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Red Tree Real Estate

Brandon Muroff

Agent Phone

Office Phone

(617) 487-8015

Text Agent Call Agent Call Office

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EXIT