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92-94 Chapel St, Newton MA 02458

$2,998,000

Estimated $5,716.74/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $1,499,000

Total Rent: 180000/year

Estimated CAP Rate: 5.66%

8 Bedrooms

6 Full, 2 Half Baths

4,924 SqFt

Total Parking: 2

6,988 SqFt

New construction Multi Family! Two identical townhomes with 4 bed 3.5 bath feature 2462sf of interior space spread across 3 levels. Great for a 1031 exchange of investor looking for property with great potential cash flow. The first floor features a chef’s kitchen with quartz countertops, custom cabinets, and a Bosch appliance

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 6:41am (Source: MLS PIN #73100744)

Gross Income: $180,000

Gross Expenses: $10,266

Net Income Calc: $169,734

CAP Rate: 5.66%

Annual Expenses for 92-94 Chapel St, Newton MA 02458

Total Gross Expenses (Calculated)$10,266/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$10,266

Annual Income & Unit Breakdown for 92-94 Chapel St, Newton MA 02458

Total Gross Income (Calculated)$180,000

Unit 1

Rental Income$7,000

LeaseN

Bedrooms4

Bathrooms3 Full, 1 Half

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$8,000

LeaseN

Bedrooms4

Bathrooms3 Full, 1 Half

Floor1

Levels in Unit2

HeatingNo

Rent Includes

General Information for 92-94 Chapel St, Newton MA 02458

Listing ID73100744

Property TypeMulti Family / 2 Family

Price$2,998,000 ($608.85/SqFt)

Style2 Family - 2 Units Side By Side

CityNewton

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total4,924 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking2

Garage Parking2 / Detached

Year Built2023

Year Built SourceBuilder

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningMR1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 92-94 Chapel St, Newton MA 02458

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area DisclosureSquare footage includes garage

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$180,000

Total Net Income By Broker$180,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 92-94 Chapel St, Newton MA 02458

Real Estate Taxes$10,266

Tax Year2023

Assessed Value$933,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$180,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$180,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.66%

Location Information for 92-94 Chapel St, Newton MA 02458

Elementary SchoolLincoln Eliot

Middle SchoolBigelow

High SchoolNewton North

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Shopping, Park, Bike Path, Sidewalks

Contact Information for 92-94 Chapel St, Newton MA 02458

Agent

Name: Ben Resnicow

Office

Name: Commonwealth Standard Realty Advisors

Phone: 617-286-6855

Payment Calculator

, Interest

Property Taxes 855.5

Principal & Interest 18472.72

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Commonwealth Standard Realty Advisors

Ben Resnicow

Agent Phone

Office Phone

(617) 286-6855

Text Agent Call Agent Call Office

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                    [enabled] => 1
                    [created] => 2024-05-07 06:41:11
                    [modified] => 2024-05-07 06:41:11
                )

)

)

EXIT