A
Seller's Agent in 2021
Al DeSouza
First Option Properties Inc.
(978) 821-5604
1 in this area
38 Total Sales
13 Maple St Spencer, MA 01562
9
Beds
5
Baths
4,500
Sq Ft
6,534
Sq Ft Lot
About This Home
As of August 2021This house provides a great return on your investment. This house features two- 2 bedrooms units - two - 1 bedroom units and first floor with 3 bedrooms unit. The current owner has upgraded 3 heating units (2019), 4 hot water tanks (2018). The house is perfect as an investment with a 7.3% CAP rate and 11 % cash on cash return. Parking off the street for 6 cars.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,201
Year Built
- Built in 1880
Lot Details
- 6,534 Sq Ft Lot
Home Design
- 4,500 Sq Ft Home
- Stone Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Full Bathrooms
Basement
- Partial Basement
- Interior Basement Entry
- Crawl Space
Parking
- 6 Car Parking Spaces
- Off-Street Parking
Utilities
- 5 Heating Zones
- Heating Available
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $4,923
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
Community Details
Overview
- 5 Units
- Property has 1 Level
Building Details
- Electric Expense $200
- Insurance Expense $3,573
- Water Sewer Expense $5,463
- Operating Expense $18,226
- Net Operating Income $40,850
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2021 08/19/21 | Sold | $450,000 | -5.3% | $100 / Sq Ft |
| 06/11/2021 06/11/21 | Pending | -- | -- | -- |
| 04/16/2021 04/16/21 | For Sale | $475,000 | +114.9% | $106 / Sq Ft |
| 08/27/2018 08/27/18 | Sold | $221,000 | -15.0% | $74 / Sq Ft |
| 06/18/2018 06/18/18 | Pending | -- | -- | -- |
| 04/09/2018 04/09/18 | Price Changed | $260,000 | -3.7% | $87 / Sq Ft |
| 03/01/2018 03/01/18 | For Sale | $270,000 | +22.2% | $90 / Sq Ft |
| 02/28/2018 02/28/18 | Off Market | $221,000 | -- | -- |
| 01/13/2018 01/13/18 | Price Changed | $270,000 | -3.6% | $90 / Sq Ft |
| 09/27/2017 09/27/17 | Price Changed | $280,000 | -5.1% | $93 / Sq Ft |
| 08/30/2017 08/30/17 | For Sale | $295,000 | -- | $98 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Al DeSouza
-
George Nanis
G
Buyer's Agent in 2021
George Nanis
Property Investors & Advisors, LLC
(855) 450-0442
2 in this area
21 Total Sales
-
K
Seller's Agent in 2018
Keith Audette
ERA Key Realty Services- Spenc
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72815988
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