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62-64 Prospect St., Wellesley MA 02481

$2,199,999

Estimated $4,642.96/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $1,099,999.50

Total Rent: 138000/year

Estimated CAP Rate: 5.69%

7 Bedrooms

3 Full, 1 Half Baths

3,717 SqFt

Total Parking: 12 (2 Garage)

8,866 SqFt

Complete renovation includes roof, windows, siding, electrical, & plumbing throughout. Perfect for investor or owner occupant and ideal for multi-generational families with unit 62 offering 1st floor single level living. Custom kitchens with stainless steel Bosch appliances, quartz counters and large pantries. Kohler fixtures and recessed lighting, wood burning fireplaces, tankless Navien gas water heaters and Goodman gas heating/cooling units. 2 car garage with ample off street parking spaces for each unit. Large deck for upper unit, patios for both units and large yard space. Great commuting location, convenient to 95/Masspike, walking paths, elementary school and Charles River.

This home has been viewed 93 times

Last Checked: December 14th, 2024 at 5:19am (Source: MLS PIN #73301049)

Gross Income: $138,000

Gross Expenses: $12,908

Net Income Calc: $125,092

CAP Rate: 5.69%

Annual Expenses for 62-64 Prospect St., Wellesley MA 02481

Total Gross Expenses (Calculated)$12,908/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$12,908

Annual Income & Unit Breakdown for 62-64 Prospect St., Wellesley MA 02481

Total Gross Income (Calculated)$138,000

Unit 1

Rental Income$5,500

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none)

Unit 2

Rental Income$6,000

LeaseN

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none)

General Information for 62-64 Prospect St., Wellesley MA 02481

Listing ID73301049

Property TypeMulti Family / 2 Family

Price$2,199,999 ($591.87/SqFt)

Style2 Family - 2 Units Up/down

CityWellesley

CountyNorfolk

MLS Area

Neighborhood(s)

Approximate Living Area Total3,717 SqFt

Approximate Lot Size (Acres)0.2 acres

Total Parking12 (2 Garage)

Garage Parking2 / Detached

Year Built1925

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningSR10

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 62-64 Prospect St., Wellesley MA 02481

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area DisclosureMudrooms not included in square footage

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$138,000

Total Net Income By Broker$138,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 62-64 Prospect St., Wellesley MA 02481

Real Estate Taxes$12,908

Tax Year2024

Assessed Value$1,240,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$138,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$138,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.69%

Location Information for 62-64 Prospect St., Wellesley MA 02481

Elementary SchoolSchofield

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 62-64 Prospect St., Wellesley MA 02481

Agent

Name: George LeBlanc

Office

Name: Cameron Real Estate Group

Phone: 781-486-3180

Team Members

Payment Calculator

, Interest

Property Taxes 1075.67

Principal & Interest 13555.69

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cameron Real Estate Group

George LeBlanc

Agent Phone

Office Phone

(781) 486-3180

Text Agent Call Agent Call Office

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                    [modified] => 2024-12-14 05:19:00
                )

[20] => Array
                (
                    [id] => 58807254
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73301049&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-12-14 05:19:00
                    [modified] => 2024-12-14 05:19:00
                )

[21] => Array
                (
                    [id] => 58807255
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73301049&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-12-14 05:19:00
                    [modified] => 2024-12-14 05:19:00
                )

[22] => Array
                (
                    [id] => 58807256
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73301049&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-12-14 05:19:00
                    [modified] => 2024-12-14 05:19:00
                )

[23] => Array
                (
                    [id] => 58807257
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73301049&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-12-14 05:19:00
                    [modified] => 2024-12-14 05:19:00
                )

[24] => Array
                (
                    [id] => 58807258
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73301049&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-12-14 05:19:00
                    [modified] => 2024-12-14 05:19:00
                )

[25] => Array
                (
                    [id] => 58807259
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73301049&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-12-14 05:19:00
                    [modified] => 2024-12-14 05:19:00
                )

[26] => Array
                (
                    [id] => 58807260
                    [name] => MLS27.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73301049&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-12-14 05:19:00
                    [modified] => 2024-12-14 05:19:00
                )

)

)

EXIT