NOT LISTED FOR SALE

5 Castaldi Dr Boylston, MA 01505

Estimated Value: $500,635 - $613,000

4 Beds
3 Baths
1,770 Sq Ft
$317/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $399,500 $226 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,361/month

12 Days on Market

About This Home

As of November 2021

Rarely available 3-unit multifamily on a quiet Rd in Boylston! This home could be the perfect income property for investors to buy w/little work required or owner occupied with income from 2 rentals. Top floor units are 1 bedrooms, each with their own entrance and deck. The bottom unit has 2 bedrooms w/own entrance and concrete patio. Each unit has tile floors in the kitchen and bathrooms w/ wall to wall carpet in bedrooms. There is a secluded back yard for all to enjoy! All 3 units have been well maintained and updated, one as recently as Dec 2020! Water heaters for each unit have been recently replaced as well. Property is fully rented and has consistent rental history. Upper L unit lease ends 11/30, upper R lease ending 1/31, and 2 BR unit lease end 10/31. Plenty of off street parking for tenants. Close to major highways and UMASS hospitals make this an ideal location for commuters as well!

Last Agent to Sell the Property

Marilyn Green

RE/MAX Signature Properties Listed on: 09/07/2021

RE/MAX Signature Properties

Last Buyer's Agent

Jose Chaves

Key One Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1975

Lot Details

  • 1.31

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Rt 70 to Mill Rd, left onto Castaldi Dr, or use GPS
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1975

Interior Features

  • Appliances: Unit 1(Range,Microwave,Refrigerator), Unit 2(Range,Microwave,Refrigerator), Unit 3(Range,Microwave,Refrigerator), Electric Water Heater
  • Has Basement: Finished, Walk-Out Access
  • MAIN LO: K80031
  • MAIN SO: BB3384
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Tile,Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 5

Exterior Features

  • Roof: Shingle
  • Foundation Details: Slab
  • Disclosures: Seller Does Not Reside At Property. No On-Site Laundry. Price Reflects Exterior Siding Needing Paint. Per Seller There Is A Row Easement In The Rear Of The Property That Leads To Mill Rd. Security Cameras On-Site
  • Exclusions: Tenants' Personal Property
  • Lot Features: Wooded, Gentle Sloping
  • Patio And Porch Features: Deck - Wood, Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Electric), Unit 2(Electric), Unit 3(Electric)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks)), Unit 3(Water,Other (See Remarks))

Fee Information

  • Annual Water Sewer Expense: 705

Lot Info

  • LOT SIZE: 56988
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 57063.6
  • Zoning: R

Multi Family

  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1
  • Annual Gross Income: 33600
  • Property Net Operating Income: 32390
  • Number Of Units Total: 3
  • Annual Operating Expense: 1210
  • Total Actual Rent: 2800

Tax Info

  • Tax Annual Amount: 4351.97
  • Tax Book Number: 61972
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Nov 12, 2021
Sold by
Castaldi Llc
Bought by
Wong Doris N
Seller's Agent
Marilyn Green
RE/MAX Signature Properties
Buyer's Agent
Jose Chaves
Key One Realty
List Price
$399,500
Sold Price
$399,500
Current Estimated Value
$561,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,909
Avg. Annual Appreciation
8.42%
Original Mortgage
$229,625
Outstanding Balance
$210,470
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$350,939

Purchase Details

Closed on
Feb 25, 2020
Sold by
Cobb James Q
Bought by
Castaldi Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wong Doris N $399,500 None Available
Castaldi Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Doris N $229,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $399,500 0.0% $226 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $399,500 -- $226 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,315 $384,300 $169,100 $215,200
2024 $5,307 $384,300 $169,100 $215,200
2023 $5,476 $380,300 $159,900 $220,400
2022 $4,548 $287,100 $159,900 $127,200
2021 $4,929 $290,300 $159,900 $130,400
2020 $4,239 $256,300 $137,900 $118,400
2019 $3,986 $248,500 $135,100 $113,400
2018 $4,067 $243,100 $135,100 $108,000
2017 $3,919 $243,100 $135,100 $108,000
2016 $4,207 $257,000 $128,700 $128,300
2015 $4,474 $257,000 $128,700 $128,300
2014 $4,132 $237,600 $115,500 $122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72890760

MLS Property Information Network (MLS PIN)

APN: BOYL-000001-000000-000111