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Expired

31 Howland Rd, Fairhaven MA 02719

$769,000

Estimated $1,539.60/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $256,333.33

Total Rent: 75600/year

Estimated CAP Rate: 9.37%

9 Bedrooms

3 Full Baths

2,925 SqFt

Total Parking: 4

5,001 SqFt

Welcome to this exceptional three-family home located in a sought-after residential neighborhood in the quiet sea-side town of Fairhaven! With its prime location, spacious layouts, and multiple rental units, this property presents an ideal investment opportunity for savvy buyers looking to expand their real estate portfolio. With three rental units and 4 garage spaces, this property offers the potential for a steady stream of income. Investors can benefit from immediate cash flow, while owner-occupants can offset mortgage costs with rental income. With commuter rail coming to the area, there is a tremendous potential for rental increases and income! Whether you're a seasoned investor seeking a new addition to your portfolio or an aspiring landlord looking to embark on your real estate journey, this multi-family offers a remarkable opportunity. Don't miss out—schedule a viewing today to explore the possibilities this three-family home has to offer.

This home has been viewed 37 times

Last Checked: May 8th, 2024 at 1:36am (Source: MLS PIN #73153050)

Gross Income: $75,600

Gross Expenses: $3,512

Net Income Calc: $72,088

CAP Rate: 9.37%

Beach Front

Annual Expenses for 31 Howland Rd, Fairhaven MA 02719

Total Gross Expenses (Calculated)$3,512/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,512

Annual Income & Unit Breakdown for 31 Howland Rd, Fairhaven MA 02719

Total Gross Income (Calculated)$75,600

Unit 1

Rental Income$2,200

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,100

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$2,000

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 31 Howland Rd, Fairhaven MA 02719

Listing ID73153050

Property TypeMulti Family / 3 Family

Price$769,000 ($262.91/SqFt)

Style3 Family - 3 Units Up/down

CityFairhaven

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,925 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking4

Garage Parking4 / Detached

Year Built1925

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCleared

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Beach Front, Beach Ownership(public)

Energy Features

Terms

Disclosures for 31 Howland Rd, Fairhaven MA 02719

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$75,600

Total Net Income By Broker$75,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 31 Howland Rd, Fairhaven MA 02719

Real Estate Taxes$3,512

Tax Year2023

Assessed Value$353,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$75,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$75,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.37%

Location Information for 31 Howland Rd, Fairhaven MA 02719

Elementary School

Middle School

High SchoolFairhaven High

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Marina

Contact Information for 31 Howland Rd, Fairhaven MA 02719

Agent

Name: Debbie Viveiros

Office

Name: Your Home Sold Guaranteed Realty, The Nathan Clark Team

Phone: 401-232-7661

Payment Calculator

, Interest

Property Taxes 292.67

Principal & Interest 4738.33

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Your Home Sold Guaranteed Realty, The Nathan Clark Team

Debbie Viveiros

Agent Phone

Office Phone

(401) 232-7661

Text Agent Call Agent Call Office

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EXIT

Expired

31 Howland Rd, Fairhaven MA 02719

$769,000

Annual Expenses for 31 Howland Rd, Fairhaven MA 02719

Annual Income & Unit Breakdown for 31 Howland Rd, Fairhaven MA 02719

General Information for 31 Howland Rd, Fairhaven MA 02719

Disclosures for 31 Howland Rd, Fairhaven MA 02719

Financial Information for 31 Howland Rd, Fairhaven MA 02719

Location Information for 31 Howland Rd, Fairhaven MA 02719

Contact Information for 31 Howland Rd, Fairhaven MA 02719

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Your Home Sold Guaranteed Realty, The Nathan Clark Team

Debbie Viveiros