Overview Property Details Payment Calculator Walkability

Closed

220 Tremont St., Newton MA 02458

$879,000

Estimated $2,212.46/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $439,500

Total Rent: 25200/year

Estimated CAP Rate: 1.79%

5 Bedrooms

2 Full Baths

4,329 SqFt

Total Parking: 3 (2 Garage)

6,444 SqFt

This two-family residence is located in Newton Corner. The first floor unit offers a kitchen, two bedrooms, dining room, and sun-filled den off living room. The second floor unit has the same layout plus a third bedroom on the third floor. The interior has not been updated b...

This home has been viewed 31 times

Last Checked: May 7th, 2024 at 6:11am (Source: MLS PIN #73098710)

Gross Income: $25,200

Gross Expenses: $9,446

Net Income Calc: $15,754

CAP Rate: 1.79%

Annual Expenses for 220 Tremont St., Newton MA 02458

Total Gross Expenses (Calculated)$9,446/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,446

Annual Income & Unit Breakdown for 220 Tremont St., Newton MA 02458

Total Gross Income (Calculated)$25,200

Unit 1

Rental Income$2,100

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 220 Tremont St., Newton MA 02458

Listing ID73098710

Property TypeMulti Family / 2 Family

Price$879,000 ($203.05/SqFt)

Style2 Family - 2 Units Up/down

CityNewton

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total4,329 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking3 (2 Garage)

Garage Parking2 / Detached

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningMR 1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 220 Tremont St., Newton MA 02458

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$25,200

Total Net Income By Broker$25,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 220 Tremont St., Newton MA 02458

Real Estate Taxes$9,446

Tax Year2023

Assessed Value$927,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$25,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$25,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.79%

Location Information for 220 Tremont St., Newton MA 02458

Elementary SchoolUnderwood

Middle SchoolBigelow

High SchoolNewton North

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Park, Public Transportation

Contact Information for 220 Tremont St., Newton MA 02458

Agent

Name: Janet Edsall - Fields

MLS ID: BB301745

Office ID: AN3108

National Association ID: 449502115

Address: 25 Chandler Street

City: Newton

State: MA

Zip: 02458

Office

Name: Hammond Residential Real Estate

MLS Office ID: AN3108

Phone: 617-731-4644

Payment Calculator

$6,203.29 per month

30 Years Fixed, 6.75% Interest

Property Taxes $787.17

Principal & Interest $5,416.12

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Hammond Residential Real Estate

Janet Edsall - Fields

Agent Phone

Office Phone

(617) 731-4644

Text Agent Call Agent Call Office

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[pasture_area] => None
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[perc_test_date] => Unknown
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    [zoning] => MR 1
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EXIT