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55-57 Drew Road, Belmont MA 02478

$1,095,000

Estimated $2,767/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $547,500

Total Rent: 28800/year

Estimated CAP Rate:

4 Bedrooms

Baths

2460

Total Parking: 6 (2 Garage)

5,100 (0.12)

Meticulously Maintained 2 Family Located Equidistant to Vibrant Belmont Center & Cushing Square Features Newer Granite Kitchens, Tile Baths, Fireplaced Living Rooms, Formal Dining Rooms with Wainscoting, Charming Gumwood Trim, Gleaming Hardwood Floors, Relaxing Rear Porches, Newer 2011 Windows, Newer Separate Heat Systems, Newer Separate Electric, Separate Water Meters, Newer 2011 Roof, Walk Up Attic for Potential Expansion, and 2 CAR GARAGE. Convenient to Parks, Schools, Shopping, Eateries, Community Rail, and Other Public Transportation. Wow!

This home has been viewed 32 times

Last Checked: May 7th, 2024 at 7:01am (Source: MLS PIN #73097600)

Gross Income: $28,800

Gross Expenses: $11,895

Net Income Calc: $16,905

Water Views

Annual Expenses for 55-57 Drew Road, Belmont MA 02478

Total Gross Expenses (Calculated)$11,895/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11895

Annual Income & Unit Breakdown for 55-57 Drew Road, Belmont MA 02478

Total Gross Income (Calculated)$28,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 55-57 Drew Road, Belmont MA 02478

Listing ID73097600

Property TypeMulti Family / 2 Family

Price1095000 ($445.12/SqFt)

Style2 Family - 2 Units Up/down

CityBelmont

CountyMiddlesex

MLS AreaWaverley

Neighborhood(s)

Approximate Living Area Total2460

Approximate Lot Size (Acres)0.12

Total Parking6 (2 Garage)

Garage Parking2

Year Built1926

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 55-57 Drew Road, Belmont MA 02478

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Compensation Based OnNet Sale Price

Financial Information for 55-57 Drew Road, Belmont MA 02478

Real Estate Taxes11895

Tax Year2022

Assessed Value$1,029,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 55-57 Drew Road, Belmont MA 02478

High SchoolBelmont High

Neighborhood(s)

MLS AreaWaverley

Area AmenitiesWalk/jog Trails

Contact Information for 55-57 Drew Road, Belmont MA 02478

Agent

Name: Hans Brings RESULTS

Office

Name: Coldwell Banker Realty - Waltham

Phone: 781-893-0808

Payment Calculator

, Interest

Property Taxes 991.25

Principal & Interest 6747.04

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Waltham

Hans Brings RESULTS

Agent Phone

Office Phone

(781) 893-0808

Text Agent Call Agent Call Office

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    [unparsed] => 55-57 Drew Road, Belmont MA 02478
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EXIT

27 More Photos