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Closed

31 Neil St, Marlborough MA 01752

$525,000

Estimated $1,190.54/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $262,500

Total Rent: 39600/year

Estimated CAP Rate: 6.77%

4 Bedrooms

2 Full Baths

1,694 SqFt

Total Parking: 2

5,624 SqFt

This New England two family home was built in the year 1880 and is located in a wonderful community filled with numerous amenities. The home has a classic Victorian style with plenty of charm. Each unit has two bedrooms, a full bathroom, a cozy living room, and eat-in kitchen. The first floor unit also includes a fully enclosed porch area perfect for relaxing. The home is situated in a great commuter location, with easy access to major highways and public transportation. The community offers a variety of shops, restaurants, and recreational activities such as parks, hiking trails, and sports facilities. Overall, this two family home offers the perfect blend of historic charm, modern convenience, and a great location for anyone looking to settle in the Metrowest area. This home is a great choice for both investors and owner occupants alike.

This home has been viewed 26 times

Last Checked: May 7th, 2024 at 8:21am (Source: MLS PIN #73105885)

Gross Income: $39,600

Gross Expenses: $4,071

Net Income Calc: $35,529

CAP Rate: 6.77%

Annual Expenses for 31 Neil St, Marlborough MA 01752

Total Gross Expenses (Calculated)$4,071/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,071

Annual Income & Unit Breakdown for 31 Neil St, Marlborough MA 01752

Total Gross Income (Calculated)$39,600

Unit 1

Rental Income$1,650

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,650

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 31 Neil St, Marlborough MA 01752

Listing ID73105885

Property TypeMulti Family / 2 Family

Price$525,000 ($309.92/SqFt)

Style2 Family - 2 Units Up/down

CityMarlborough

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total1,694 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking2

Garage Parking

Year Built1880

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Cleared

Foundation Area

Foundation DescriptionStone,Brick/Mortar,Granite

Accessible Features

Outdoor Space

ZoningRC

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 31 Neil St, Marlborough MA 01752

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$39,600

Total Net Income By Broker$39,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 31 Neil St, Marlborough MA 01752

Real Estate Taxes$4,071

Tax Year2023

Assessed Value$352,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$39,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$39,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.77%

Location Information for 31 Neil St, Marlborough MA 01752

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Golf, Park, Medical Facility

Contact Information for 31 Neil St, Marlborough MA 01752

Agent

Name: Daniel Meservey

Office

Name: Mathieu Newton Sotheby's International Realty

Phone: 508-366-9608

Payment Calculator

, Interest

Property Taxes 339.25

Principal & Interest 3234.88

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Mathieu Newton Sotheby's International Realty

Daniel Meservey

Agent Phone

Office Phone

(508) 366-9608

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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EXIT