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111 Iron Hill, Weymouth MA 02189

$725,000

Estimated $1,667.25/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $362,500

Total Rent: 52800/year

Estimated CAP Rate: 6.33%

5 Bedrooms

2 Full Baths

2,010 SqFt

Total Parking: 5

3,000 SqFt

Welcome to this wonderfully maintained two family that sits directly on Whitman's Pond. Strong current tenants and rent history make this the perfect investment property. Walking distance to Jackson Square and T station, this location is tough to beat. Unit one has 2 bedrooms, updated kitchen and bathroom, private back patio area and its own laundry units. Unit 2 has 3 bedrooms, also with updated kitchen and bathroom, private deck overlooking the pond, and private laundry in the basement. Minutes to many shops, restaurants, parks, and public transportation. Showings begin Sunday at the open house form 1-3pm

This home has been viewed 51 times

Last Checked: May 7th, 2024 at 9:01am (Source: MLS PIN #73121980)

Gross Income: $52,800

Gross Expenses: $6,900

Net Income Calc: $45,900

CAP Rate: 6.33%

Water Views

Beach Front

Annual Expenses for 111 Iron Hill, Weymouth MA 02189

Total Gross Expenses (Calculated)$6,900/year

APOD AvailableYes

Heating

Electricity

Water$500

Gas$500

Insurance

Sewer$500

Trash Removal$500

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,900

Annual Income & Unit Breakdown for 111 Iron Hill, Weymouth MA 02189

Total Gross Income (Calculated)$52,800

Unit 1

Rental Income$2,000

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,400

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 111 Iron Hill, Weymouth MA 02189

Listing ID73121980

Property TypeMulti Family / 2 Family

Price$725,000 ($360.7/SqFt)

Style2 Family - 2 Units Up/down

CityWeymouth

CountyNorfolk

MLS Area

Neighborhood(s)

Approximate Living Area Total2,010 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking5

Garage Parking

Year Built1928

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningPF2

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontNo

Waterfront FeaturesPond, Beach Front, Beach Ownership(public), Waterfront, 1 To 2 Mile To Beach

Energy Features

Terms

Disclosures for 111 Iron Hill, Weymouth MA 02189

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$1,000

Total Gross Income By Broker$52,800

Total Net Income By Broker$51,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 111 Iron Hill, Weymouth MA 02189

Real Estate Taxes$5,900

Tax Year2023

Assessed Value$565,700

Financial Data Source

Total Gross Expenses By Broker$1,000

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$52,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$51,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.33%

Location Information for 111 Iron Hill, Weymouth MA 02189

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Park, Laundromat, Public Transportation, T-station, Private School

Contact Information for 111 Iron Hill, Weymouth MA 02189

Agent

Name: Patrick Duff

Office

Name: William Raveis R.E. & Home Services

Phone: 781-749-3007

Payment Calculator

, Interest

Property Taxes 491.67

Principal & Interest 4467.22

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R.E. & Home Services

Patrick Duff

Agent Phone

Office Phone

(781) 749-3007

Text Agent Call Agent Call Office

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EXIT