NOT LISTED FOR SALE

61 Estabrook St Athol, MA 01331

Athol Area
10 Beds
4 Baths
3,424 Sq Ft
9,800 Sq Ft Lot

Sale Details

Date Sold: June 28, 2024

Last sale price $445,000 $130 Per Sq Ft

9 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Jogging Path
  • Property is near public transit and schools
  • Corner Lot
  • Porch

About This Home

As of June 2024

Presenting a remarkable investment opportunity in Athol, MA within minutes of Lake Ellis. This four-family residence offers an impressive return on investment with a remarkable potential cash flow. The units have been freshly painted and many details in each units have been updated. The roof, which was replaced in 2017, adds a layer of security and assurance. The bathroom on the second floor has been carefully renovated and the new flooring installed in many of the units adds a modern touch. The property also offers ample parking with space for 7-8 cars. Situated in a growing market, this property presents a unique combination of convenience and profitability for any aspiring investor. Benefit from a positive cash flow from this property and a near 10% CAP Rate.

Last Agent to Sell the Property

Yanelys Martinez

LAER Realty Partners Listed on: 04/19/2024

LAER Realty Partners

Co-Listed By

Kelvin Martinez

LAER Realty Partners

Last Buyer's Agent

Martin Alcantara

eXp Realty LLC

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,201

Year Built

  • Built in 1880

Lot Details

  • 9,800 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,424 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Range
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms
  • Bathtub
  • Separate Shower

Parking

  • 8 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit and schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $5,300
  • Rent includes unit 1(heat water), unit 2(heat water), unit 3(heat water), unit 4(heat water)
  • Assessor Parcel Number M:00036 B:00032 L:00000,1449275

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Insurance Expense $4,500
  • Water Sewer Expense $2,400
  • Operating Expense $23,300
  • Net Operating Income $63,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,201

Year Built

Built in 1880

Lot Details

9,800 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1880
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Tile, Vinyl, Laminate, Hardwood
  • Interior Amenities: Ceiling Fan(s), Bathroom With Tub, Bathroom with Shower Stall, Living Room, Kitchen, Dining Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 10
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Basement: Full
  • Living Area: 3424
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN1199
  • MAIN SO: AC0342

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School
  • Rent Includes: Unit 1(Heat,Water), Unit 2(Heat,Water), Unit 3(Heat,Water), Unit 4(Heat,Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2400

Lot Info

  • Parcel Number: M:00036 B:00032 L:00000,1449275
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9800
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4201

Multi Family

  • Insurance Expense: 4500
  • Net Operating Income: 63600
  • Number Of Units Total: 4
  • Operating Expense: 23300
  • Total Actual Rent: 5300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 28, 2024
Sold by
Bought by
Seller's Agent
Yanelys Martinez
LAER Realty Partners
Buyer's Agent
Martin Alcantara
eXp Realty LLC
List Price
$439,900
Sold Price
$445,000
Premium/Discount to List
$5,100
1.16%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,939
Interest Rate
0.0662%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 8, 2021
Closed on
Dec 8, 2021
Sold by
Bought by
Seller's Agent
Jason Regan
Keller Williams Realty North Central
Buyer's Agent
Martin Alcantara
eXp Realty LLC
List Price
$339,000
Sold Price
$339,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$332,859
Interest Rate
0.0314%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 27, 2021
Closed on
Apr 23, 2021
Sold by
Bought by
Seller's Agent
Kayla Nault
Central Mass Real Estate
Buyer's Agent
Jason Regan
Keller Williams Realty North Central
List Price
$174,900
Sold Price
$176,000
Premium/Discount to List
$1,100
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
183.06%
Original Mortgage
$200,000
Interest Rate
0.0305%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 27, 2021
Closed on
Mar 1, 2021
Sold by
Bought by
Seller's Agent
Kayla Nault
Central Mass Real Estate
Buyer's Agent
Jason Regan
Keller Williams Realty North Central
List Price
$174,900
Sold Price
$176,000
Premium/Discount to List
$1,100
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0305%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$445,000 None Available
$339,000 None Available
$176,000 None Available
-- None Available
-- --
$205,000 --
$160,750 --
$29,900 --
$53,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $436,939
Previous Owner $332,859
Previous Owner $200,000
Closed $194,118
Previous Owner $65,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $445,000 +1.2% $130 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $439,900 +29.8% $128 / Sq Ft
12/08/2021 12/08/21 Sold $339,000 0.0% $99 / Sq Ft View Prior Sale
08/21/2021 08/21/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $339,000 +92.6% $99 / Sq Ft
04/23/2021 04/23/21 Sold $176,000 +0.6% $51 / Sq Ft View Prior Sale
03/07/2021 03/07/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $174,900 -- $51 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,999 $314,600 $36,800 $277,800
2024 $4,036 $314,600 $36,800 $277,800
2023 $4,201 $299,200 $26,700 $272,500
2022 $2,801 $174,500 $25,400 $149,100
2021 $2,997 $169,700 $23,100 $146,600
2020 $2,778 $161,700 $21,000 $140,700
2019 $2,734 $156,700 $19,800 $136,900
2018 $3,145 $160,700 $18,000 $142,700
2017 $3,080 $151,000 $18,000 $133,000
2016 $2,867 $144,600 $18,000 $126,600
2015 $2,752 $144,600 $18,000 $126,600
2014 $2,665 $144,600 $18,000 $126,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73226219

MLS Property Information Network (MLS PIN)
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