Overview Property Details Payment Calculator Walkability

Closed

2 Fitch Ct, Wakefield MA 01880

$749,000

Estimated $1,843.50/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $374,500

Total Rent: 48000/year

Estimated CAP Rate: 5.40%

3 Bedrooms

2 Full Baths

2,087 SqFt

Total Parking: 4

8,790 SqFt

Desirable income producing two unit home in Wakefield. Convenient to highway. First floor unit consists of updated kitchen, LR, 1BR/1BA, laundry and fenced in yard. Second floor consists of open concept LR, DR and updated kitchen with sliders to large private deck. 2BR/1BA, ...

This home has been viewed 18 times

Last Checked: May 7th, 2024 at 6:21am (Source: MLS PIN #73099197)

Gross Income: $48,000

Gross Expenses: $7,548

Net Income Calc: $40,452

CAP Rate: 5.40%

Annual Expenses for 2 Fitch Ct, Wakefield MA 01880

Total Gross Expenses (Calculated)$7,548/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,548

Annual Income & Unit Breakdown for 2 Fitch Ct, Wakefield MA 01880

Total Gross Income (Calculated)$48,000

Unit 1

Rental Income$1,600

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

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

Unit 2

Rental Income$2,400

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

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

General Information for 2 Fitch Ct, Wakefield MA 01880

Listing ID73099197

Property TypeMulti Family / 2 Family

Price$749,000 ($358.89/SqFt)

Style2 Family - 2 Units Up/down

CityWakefield

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,087 SqFt

Approximate Lot Size (Acres)0.2 acres

Total Parking4

Garage Parking

Year Built1885

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesEasements, Corner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningGR

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 2 Fitch Ct, Wakefield MA 01880

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$48,000

Total Net Income By Broker$48,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 2 Fitch Ct, Wakefield MA 01880

Real Estate Taxes$7,548

Tax Year2023

Assessed Value$643,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$48,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$48,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.40%

Location Information for 2 Fitch Ct, Wakefield MA 01880

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Public Transportation

Contact Information for 2 Fitch Ct, Wakefield MA 01880

Agent

Name: Kimberly O'Neil Mara

MLS ID: B8000844

Office ID: AN8462

National Association ID: 448552280

Address: 45 W. Broadway

City: South Boston

State: MA

Zip: 02127

Office

Name: Century 21 North East

MLS Office ID: AN4352

Phone: 978-664-2100

Payment Calculator

$5,244.10 per month

30 Years Fixed, 6.75% Interest

Property Taxes $629.00

Principal & Interest $4,615.10

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Kimberly O'Neil Mara

Agent Phone

Office Phone

(978) 664-2100

Text Agent Call Agent Call Office

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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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    [year_built_details] => Actual,Renovated Since
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EXIT