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50-52 Elm Street, Newton MA 02465

$1,499,999

Estimated $3,409/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $749,999.50

Total Rent: 80400/year

Estimated CAP Rate:

6 Bedrooms

Baths

3514

Total Parking: 8 (2 Garage)

7,500 (0.17)

PRISTINE 2 family perfect for investment or owner occupant in PRIME Newton location across from West Newton Commons; adjacent to W. Newton Square & .2 miles to the commuter rail & Mass Pike. Easy access to Rte 95, express buses to Boston, restaurants & schools Both bright & sunny LG 3 BR/1BA CERTIFIED DELEADED units offer LR, DR & kitchen, w/ gleaming hardwood floors, impeccable woodwork/period detail w/ custom built-ins. The interior is freshly & neutrally painted w/ upgraded kitchens w/ S/S appliances/granite counters & has upgraded baths. Washer/dryer for each unit in the private basement includes abundant separate storage. Both units offer LG 3 season porches. 2ND FL has a large walk in closet that can be utilized as a dressing area or office! Ample parking with 2 detached garage spaces & driveway parking for additional vehicles!! This property has an incredible flat, plush green professionally landscaped backyard perfect for entertaining & a front yard with stunning curb appeal!

This home has been viewed 39 times

Last Checked: May 7th, 2024 at 9:16am (Source: MLS PIN #73097367)

Gross Income: $80,400

Gross Expenses: $11,718

Net Income Calc: $68,682

Annual Expenses for 50-52 Elm Street, Newton MA 02465

Total Gross Expenses (Calculated)$11,718/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11718

Annual Income & Unit Breakdown for 50-52 Elm Street, Newton MA 02465

Total Gross Income (Calculated)$80,400

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 50-52 Elm Street, Newton MA 02465

Listing ID73097367

Property TypeMulti Family / 2 Family

Price1499999 ($426.86/SqFt)

Style2 Family - 2 Units Up/down

CityNewton

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3514

Approximate Lot Size (Acres)0.17

Total Parking8 (2 Garage)

Garage Parking2

Year Built1921

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningMR1

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 50-52 Elm Street, Newton MA 02465

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher/Dryer Negotiable

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 Compensation0

Compensation Based OnNet Sale Price

Financial Information for 50-52 Elm Street, Newton MA 02465

Real Estate Taxes11718

Tax Year2023

Assessed Value$1,151,100

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 50-52 Elm Street, Newton MA 02465

Elementary SchoolBurr

Middle SchoolDay

High SchoolNewton North

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 50-52 Elm Street, Newton MA 02465

Agent

Name: Alison Klein

Office

Name: RE/MAX Preferred Properties

Phone: 617-969-0676

Payment Calculator

, Interest

Property Taxes 976.5

Principal & Interest 9242.52

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Preferred Properties

Alison Klein

Agent Phone

Office Phone

(617) 969-0676

Text Agent Call Agent Call Office

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    [unparsed] => 50-52 Elm Street, Newton MA 02465
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EXIT

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