NOT LISTED FOR SALE

51 Montebello Rd Jamaica Plain, MA 02130

Jamaica Plain Neighborhood
12 Beds
6 Baths
5,246 Sq Ft
5,227 Sq Ft Lot

Last Sold October 24, 2013

Last sale price $1,435,000 $274 Per Sq Ft

60 Days on Market

About This Home

As of October 2013

Unique turnkey opportunity to own a cash flowing well maintained 6 family & turn it into condos down the line. One of the last 6 Family Houses not yet turned condo in JP! Projected 7.4% CAP Rate assuming market rate rents of 2K/unit (144K/yr gross income). Currently all below market rate (5 TAW, 1 lease) bringing in ($97,500/yr current income). Located in an up-and-coming neighborhood so get in while the values are still improving. One boiler w/ 6 zones. Plenty of recent property improvements include: New/Newer: full retaining wall, maintained & painted exterior/structure, roof, porches, windows, kitchens, baths, floors. Easy to rent 2 BR's each with nice EIK w/ dishwasher & deep pantry, combined DR/LR, well kept tiled bathroom, hardwood floors & porches. Approximately 1/2 mile to either Green St Station or Stony Brook Station. Walk Score of 88. Full basement with coin-op laundry. Has nearly all that a typical 2 BR tenant seeks including easy on St parking w/o a permit.

Last Agent to Sell the Property

Josh Brett

Compass Listed on: 07/26/2013

Compass

Last Buyer's Agent

Tara Wilstein

Compass

Compass

Property Details

Home Type

Multi-Family

Year Built

1945

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 20
  • Amenities: Public Transportation, Tennis Court, Park, Walk/Jog Trails, Golf Course, Bike Path, Highway Access, Public School, T-Station, University
  • Electric: 220 Volts, Circuit Breakers, Individually Metered
  • Energy: Insulated Windows
  • Flooring: Wood, Tile, Hardwood

Exterior Features

  • Roof: Rubber
  • Construction: Stone/Concrete
  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 0

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Lot Info

  • Assessor Parcel Number: W:11 P:02400 S:000

Range of Values:

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ICE

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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

Property History

Date Event Price Change Sq Ft Price
10/24/2013 10/24/13 Sold $1,435,000 -4.3% $274 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $1,499,000 -- $286 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Josh Brett

    Seller's Agent in 2013

    Josh Brett

    Compass

    (617) 543-4185

    8 in this area

    12 Total Sales

    Josh Brett
    Section Image
  • Tara Wilstein

    Buyer's Agent in 2013

    Tara Wilstein

    Compass

    (617) 206-3333

    1 in this area

    23 Total Sales

    Tara Wilstein
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71562014

MLS Property Information Network (MLS PIN)
Massachusetts Suffolk County Jamaica Plain 02130 Jamaica Plain

51 Montebello Rd, Jamaica Plain, MA

This home is located at 51 Montebello Rd, Jamaica Plain, MA 02130 since 26 July 2013. This property was built in 1945. 51 Montebello Rd is a home located in Suffolk County with nearby schools including Neighborhood School and Meridian Academy.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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