Beautiful Newton Highlands Two family. This magnificent beauty boasts high ceilings with large brand new windows that allow a ton of natural sunlight. Fully applianced Renovated Eat-in-Kitchens. Gleaming hardwood floors throughout. Both units have New High Efficency Heating Systems and Central A/C. Unit #2 is a Two Bedroom with Living/Dining Room and Large rear deck. Unit #1 is a Two Bedroom with Living/Dining Room. Unit#2 is lease until August 31st 2024 and Unit #1 is leased until July 31st 2024. This property is situated Moments to Route 9 and Expressways. Minutes to Elliot MBTA Station.
This home has been viewed 21 times
Last Checked: May 10th, 2024 at 12:26am (Source: MLS PIN #73196631)
Gross Income: $57,600
Gross Expenses: $9,506
Net Income Calc: $48,094
CAP Rate: 4.09%
Annual Expenses for 19-21 Elliot St., Newton MA 02461
Total Gross Expenses (Calculated)$9,506/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,506
Annual Income & Unit Breakdown for 19-21 Elliot St., Newton MA 02461
Total Gross Income (Calculated)$57,600
Unit 1
Rental Income$2,350
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,450
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 19-21 Elliot St., Newton MA 02461
Listing ID73196631
Property TypeMulti Family
Price$1,174,900 ($562.15/SqFt)
StyleMulti Family
CityNewton
CountyMiddlesex
MLS AreaEliot
Neighborhood(s)
Approximate Living Area Total2,090 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking3
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningMR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 19-21 Elliot St., Newton MA 02461
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$57,600
Total Net Income By Broker$57,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation0%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 19-21 Elliot St., Newton MA 02461
Real Estate Taxes$9,506
Tax Year2023
Assessed Value$933,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$57,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$57,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.09%
Location Information for 19-21 Elliot St., Newton MA 02461
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaEliot
Area AmenitiesHighway Access, Shopping, Park, Public Transportation, T-station
Contact Information for 19-21 Elliot St., Newton MA 02461