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Expired

160 High, Lee MA 01238

$1,700,000

Estimated $3,101.29/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $850,000

Total Rent: 108012/year

Estimated CAP Rate: 6.11%

6 Bedrooms

5 Full Baths

6,385 SqFt

Total Parking: 6

30,000 SqFt

This airy, architect-designed unique property in a sky high early 20th century structure with soaring ceilings, floating staircases and numerous high-end features inspires the imagination and lifts your spirits. Ideally situated on nearly ¾ acre next to an 18-acre nature reserve, access the great downtown Lee shops and restaurants, the Mass Pike, or Tanglewood in a flash. Total renovation is complete on the first space (4,000 sq. ft., 5 baths, 4 BR), and the second 2,500 sq. ft. space with massive stained glass windows and 30+ foot ceilings is ready for your customization. Pictures shown include renditions and actual photographs. This property will be your dream home with flexibility for a massive work/studio space, basketball court, or second dwelling for additional rental income.

This home has been viewed 33 times

Last Checked: May 7th, 2024 at 7:16am (Source: MLS PIN #73066473)

Gross Income: $108,012

Gross Expenses: $4,137

Net Income Calc: $103,875

CAP Rate: 6.11%

Beach Front

Annual Expenses for 160 High, Lee MA 01238

Total Gross Expenses (Calculated)$4,137/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,137

Annual Income & Unit Breakdown for 160 High, Lee MA 01238

Total Gross Income (Calculated)$108,012

Unit 1

Rental Income$9,000

LeaseN

Bedrooms4

Bathrooms5 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$1

LeaseN

Bedrooms1

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 160 High, Lee MA 01238

Listing ID73066473

Property TypeMulti Family / 2 Family

Price$1,700,000 ($266.25/SqFt)

Style2 Family - 2 Units Side By Side

CityLee

CountyBerkshire

MLS Area

Neighborhood(s)

Approximate Living Area Total6,385 SqFt

Approximate Lot Size (Acres)0.69 acres

Total Parking6

Garage Parking

Year Built2021

Year Built SourceOwner

Year Renovated

Year Built DetailsApproximate,Renovated Since,Under Construction,Fin

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsSee Remarks

Lot FeaturesOther

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningR

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front, Beach Ownership(public), Lake/pond, 1 To 2 Mile To Beach

Energy FeaturesThermostat

Terms

Disclosures for 160 High, Lee MA 01238

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$108,012

Total Net Income By Broker$108,012

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation3%%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 160 High, Lee MA 01238

Real Estate Taxes$4,137

Tax Year2021

Assessed Value$281,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$108,012

BostonRealEstate.com Gross Income

Total Net Income By Broker$108,012

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.11%

Location Information for 160 High, Lee MA 01238

Elementary SchoolLee

Middle SchoolLee

High SchoolLee

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Shopping, Park, Medical Facility, Public Transportation, Private School

Contact Information for 160 High, Lee MA 01238

Agent

Name: Jason Saphire

Office

Name: www.HomeZu.com

Phone: 877-249-5478

Payment Calculator

, Interest

Property Taxes 344.75

Principal & Interest 10474.86

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

www.HomeZu.com

Jason Saphire

Agent Phone

Office Phone

(877) 249-5478

Text Agent Call Agent Call Office

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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
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[perc_test] => Array
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[perc_test_date] => Unknown
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[unit_1_bathrooms] => 5 Full
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EXIT