Close to the bike path, Florence Center, and Look Park, this two-family is tucked away on a quiet street. It features a newer roof, newer siding, & Mass. lead compliance certificates for each of the 2-bedroom, 1-bath units. 1st-floor unit has newly refinished wood floors...
This home has been viewed 102 times
Last Checked: October 7th, 2024 at 4:24pm (Source: MLS PIN #73253603)
Gross Income: $12,600
Gross Expenses: $8,240
Net Income Calc: $4,360
CAP Rate: 0.88%
Annual Expenses for 1-3 King Ave, Northampton MA 01062
Total Gross Expenses (Calculated)$8,240/year
APOD AvailableYes
Heating
Electricity
Water$925
Gas$925
Insurance$1,661
Sewer$925
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,654
Annual Income & Unit Breakdown for 1-3 King Ave, Northampton MA 01062
Total Gross Income (Calculated)$12,600
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water, Other (see Remarks)), Unit 2(water
Unit 2
Rental Income$1,050
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water, Other (see Remarks)), Unit 2(water
General Information for 1-3 King Ave, Northampton MA 01062
Listing ID73253603
Property TypeMulti Family / 2 Family
Price$497,000 ($211.31/SqFt)
Style2 Family - 2 Units Up/down
CityNorthampton
CountyHampshire
MLS AreaFlorence
Neighborhood(s)
Approximate Living Area Total2,352 SqFt
Approximate Lot Size (Acres)0.16 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor Space
ZoningURB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 1-3 King Ave, Northampton MA 01062
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$2,586
Total Gross Income By Broker$12,600
Total Net Income By Broker$10,014
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 1-3 King Ave, Northampton MA 01062
Real Estate Taxes$5,654
Tax Year2024
Assessed Value$372,200
Financial Data SourceOwner
Total Gross Expenses By Broker$2,586
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$12,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$10,014
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)0.88%
Location Information for 1-3 King Ave, Northampton MA 01062
Elementary SchoolLeeds
Middle SchoolJfk
High SchoolNhs
Neighborhood(s)
MLS AreaFlorence
Area AmenitiesWalk/jog Trails, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Pool, Tennis Court(s), Private School
Contact Information for 1-3 King Ave, Northampton MA 01062