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65-67 Flett Rd, Belmont MA 02478

$989,900

Estimated $2,507.79/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $494,950

Total Rent: 33000/year

Estimated CAP Rate: 2.24%

4 Bedrooms

2 Full Baths

2,132 SqFt

Total Parking: 4 (2 Garage)

3,534 SqFt

This 2 family house in the desirable area of Belmont is just 8 miles from downtown Boston. Nice quiet street off Trapelo Road, close to the commuter rail and bus stop. Second floor unit includes a walk-up attic with expansion potential for additional living space. Deck off each unit, 2 car garage and full unfinished basement are a bonus. Great opportunity for contractors, investors or owner occupied. Current rent is well below market rents. This house needs a little love but has some great potential and is being sold "as is". Open house is Saturday 3/25 from 11-1 by appointment only.

This home has been viewed 21 times

Last Checked: May 7th, 2024 at 8:01am (Source: MLS PIN #73089412)

Gross Income: $33,000

Gross Expenses: $10,832

Net Income Calc: $22,168

CAP Rate: 2.24%

Annual Expenses for 65-67 Flett Rd, Belmont MA 02478

Total Gross Expenses (Calculated)$10,832/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$10,832

Annual Income & Unit Breakdown for 65-67 Flett Rd, Belmont MA 02478

Total Gross Income (Calculated)$33,000

Unit 1

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,250

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 65-67 Flett Rd, Belmont MA 02478

Listing ID73089412

Property TypeMulti Family

Price$989,900 ($464.31/SqFt)

StyleMulti Family

CityBelmont

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,132 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking4 (2 Garage)

Garage Parking2 / Detached

Year Built1920

Year Built SourcePublic Records

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

ZoningR

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 65-67 Flett Rd, Belmont MA 02478

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$33,000

Total Net Income By Broker$33,000

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 65-67 Flett Rd, Belmont MA 02478

Real Estate Taxes$10,832

Tax Year2022

Assessed Value$937,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$33,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$33,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.24%

Location Information for 65-67 Flett Rd, Belmont MA 02478

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 65-67 Flett Rd, Belmont MA 02478

Agent

Name: Katrina Carmo

Office

Name: Century 21 Signature Properties

Phone: 508-999-4541

Payment Calculator

, Interest

Property Taxes 902.67

Principal & Interest 6099.45

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Signature Properties

Katrina Carmo

Agent Phone

Office Phone

(508) 999-4541

Text Agent Call Agent Call Office

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EXIT