NOT LISTED FOR SALE

62 Railroad St Holliston, MA 01746

Estimated Value: $791,238 - $844,000

5 Beds
3 Baths
3,190 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $745,000 $234 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,428/month

18 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • Wood Flooring
  • Robert H. Adams Middle School Rated A
  • Medical Services
  • Corner Lot

About This Home

As of August 2023

Fantastic multi-family in downtown Holliston! This amazing property offers a well cared for investment opportunity with solid rental income. As owner occupants, current sellers have worked to keep it in tip top shape. Property was upgraded from oil to gas heat including upgrading the system for Unit 3 in 2015. Electrical upgraded and exterior painted. Septic system replaced in 2011. The property is in walking distance to elementary and middle schools, Upper Charles River Rail Trail, local shops and restaurants, playground. Units 1 & 2 share heating system and originally Unit 1 was created to function as a short term rental with some furnishings and a TV included. What a wonderful opportunity to own this phenomenal rental in a stellar location! A must see!

Last Agent to Sell the Property

Vesta Real Estate Group

Vesta Real Estate Group, Inc. Listed on: 05/27/2023

Co-Listed By

Liz Kelly

Vesta Real Estate Group, Inc.

Last Buyer's Agent

Kiran Kumar Gundavarapu

Key Prime Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,646

Year Built

  • Built in 1851

Lot Details

  • 5,663 Sq Ft Lot
  • Near Conservation Area
  • Corner Lot

Home Design

  • 3,190 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near schools

Schools

  • Plac/Mill Elementary School
  • Adams Middle School
  • HHS High School

Utilities

  • 2 Heating Zones
  • Heating Available
  • Water Heater
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $6,800
  • Rent includes unit 1(heat electric gas water hot water other (see remarks)), unit 2(heat gas water hot water), unit 3(water)
  • Assessor Parcel Number M:008F B:0003 L:0410,525252

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Amenities

  • Medical Services

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $990
  • Water Sewer Expense $1,659
  • Operating Expense $6,479
  • Net Operating Income $75,121

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,646

Year Built

Built in 1851

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1851
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • 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: 5

Interior Features

  • Flooring: Wood,Laminate,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 1 Rooms(Kitchen,Family Room,Living RM/Dining RM Combo), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Kitchen,Family Room,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator,Washer,Dryer,Water Treatment), Tank Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Dirt Floor, Unfinished
  • Living Area: 3190
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN4237
  • LIST PRICE PER Sq Ft: 235.11
  • PRICE PER Sq Ft: 233.54
  • MAIN SO: AN7956

Exterior Features

  • Exterior Features: Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Private Sewer
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Public School, Sidewalks
  • Rent Includes: Unit 1(Heat,Electric,Gas,Water,Hot Water,Other (See Remarks)), Unit 2(Heat,Gas,Water,Hot Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1659

Lot Info

  • Parcel Number: M:008F B:0003 L:0410,525252
  • Zoning: VC
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5663
  • Lot Size Units: Acres
  • PAGE: 69
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9646
  • Tax Book Number: 63431

Multi Family

  • Electric Expense: 990
  • Gross Income: 81600
  • Net Operating Income: 75121
  • Number Of Units Total: 3
  • Operating Expense: 6479
  • Total Actual Rent: 6800
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 2
  • FLRS 3: 1
  • FLRS 2: 2

MLS Schools

  • High School: Hhs
  • Elementary School: Plac/Mill
  • Middle Or Junior School: Adams

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 1991
Sold by
Cole Helen R
Bought by
Frederick F Cole Ft
Current Estimated Value
$816,810

Purchase Details

Closed on
Dec 21, 1988
Sold by
Cole Helen R
Bought by
Cole F Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
10.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1988
Sold by
Hunter Mildred R
Bought by
Cole Helen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
10.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frederick F Cole Ft $94,250 --
Cole F Russell $97,500 --
Cole Helen R $292,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subam Umapathy $600,000
Closed Finn Justin K $60,000
Closed Finn Justin K $284,960
Previous Owner Cole Helen R $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $745,000 -0.7% $234 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
06/11/2023 06/11/23 For Sale $750,000 0.0% $235 / Sq Ft
06/11/2023 06/11/23 Off Market $750,000 -- --
05/27/2023 05/27/23 For Sale $750,000 +109.5% $235 / Sq Ft
03/31/2014 03/31/14 Sold $358,000 -11.2% $112 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
05/06/2012 05/06/12 For Sale $403,000 -- $126 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $10,740 $733,100 $225,400 $507,700
2024 $9,971 $662,100 $225,400 $436,700
2023 $9,206 $597,800 $225,400 $372,400
2022 $9,646 $555,000 $225,400 $329,600
2021 $8,875 $497,200 $167,600 $329,600
2020 $8,931 $473,800 $177,800 $296,000
2019 $8,760 $465,200 $169,200 $296,000
2018 $8,685 $465,200 $169,200 $296,000
2017 $8,599 $464,300 $174,400 $289,900
2016 $8,563 $455,700 $165,800 $289,900
2015 $8,611 $444,300 $139,700 $304,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73116661

MLS Property Information Network (MLS PIN)

APN: HOLL-000008F-000003-000410