Great owner-occupied or investment property with a high return on investment. Units are spacious and very well maintained with 3 Section 8/Rcap Tenants! All units have lead compliance certification and underwent major renovations in 2013 including central heat, updated ele...
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Last Checked: May 7th, 2024 at 5:21am (Source: MLS PIN #73077845)
Gross Income: $66,300
Gross Expenses: $11,684
Net Income Calc: $54,616
CAP Rate: 9.93%
Annual Expenses for 98 Clarendon St, Fitchburg MA 01420
Total Gross Expenses (Calculated)$11,684/year
APOD AvailableNo
Heating
Electricity$600
Water$3,600
Gas$3,600
Insurance$2,500
Sewer$3,600
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,984
Annual Income & Unit Breakdown for 98 Clarendon St, Fitchburg MA 01420
Total Gross Income (Calculated)$66,300
Unit 1
Rental Income$1,850
LeaseY
Bedrooms4
Bathrooms4 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$1,825
LeaseY
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$1,850
LeaseY
Bedrooms4
Bathrooms4 Full
Floor3
Levels in Unit1
HeatingYes
Rent Includes
General Information for 98 Clarendon St, Fitchburg MA 01420
Listing ID73077845
Property TypeMulti Family / 3 Family
Price$549,900 ($188.58/SqFt)
Style3 Family
CityFitchburg
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,916 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningRC
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 98 Clarendon St, Fitchburg MA 01420
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$6,700
Total Gross Income By Broker$66,300
Total Net Income By Broker$59,600
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 98 Clarendon St, Fitchburg MA 01420
Real Estate Taxes$4,984
Tax Year2023
Assessed Value$311,100
Financial Data Source
Total Gross Expenses By Broker$6,700
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$66,300
BostonRealEstate.com Gross Income
Total Net Income By Broker$59,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)9.93%
Location Information for 98 Clarendon St, Fitchburg MA 01420
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesPublic School, Public Transportation
Contact Information for 98 Clarendon St, Fitchburg MA 01420