NOT LISTED FOR SALE

Estimated Value: $1,356,815

10 Beds
7 Baths
5,886 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $1,100,000 $187 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,116/month

35 Days on Market

About This Home

As of October 2021

Rare opportunity for a 6 unit mixed-use building in Jackson Square! The building is comprised of 4 residential units consisting of 2 two bedroom units and 2 two/three bedroom units as well as 2 storefronts. This well maintained and managed building has an upside as some rents are below market. All rents include heat and tenants pay their own electric and hot water. This property has an outstanding rental history and is ideally located a short walk from the commuter rail.

Last Agent to Sell the Property

Tom McFarland

RE/MAX Realty Pros Listed on: 07/28/2021

RE/MAX Realty Pros

Last Buyer's Agent

Alessandra Lacerda

Mendes Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 6,098

Additional Features

  • Property has 1 Level
  • 6 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1900

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: Washington St or Commercial to Broad St.(Jackson Square)
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished
  • MAIN LO: BB8180
  • MAIN SO: AN6013
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 10
  • Fireplace: No
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Foundation Details: Granite
  • Construction Type: Frame
  • Disclosures: Property Has Common Driveway With Convenience Store Next Door. Some Interior Photo's Are Prior To Unit Being Rented.
  • Lot Features: Level, Other
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Heating: Baseboard,Oil
  • HEAT UNITS: 1
  • HEAT ZONES: 6
  • COOLING ZONES: 0
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat, Public School, T-Station

Fee Information

  • Annual Water Sewer Expense: 8828

Lot Info

  • LOT SIZE: 6250
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6098.4
  • Zoning: 100

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1
  • Electric Expense: 2284
  • Annual Gross Income: 106202
  • Insurance Expense: 5124
  • Property Net Operating Income: 67056
  • Number Of Units Total: 6
  • Annual Operating Expense: 16045
  • Total Actual Rent: 7825

Tax Info

  • Tax Annual Amount: 9420.17
  • Tax Book Number: 20398
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Oct 25, 2021
Sold by
Broad Rt
Bought by
776-782 Broad St Llc
Seller's Agent
Tom McFarland
RE/MAX Realty Pros
Buyer's Agent
Alessandra Lacerda
Mendes Realty
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%
Current Estimated Value
$1,356,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,815
Avg. Annual Appreciation
5.22%
Original Mortgage
$825,000
Outstanding Balance
$753,954
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$602,861

Purchase Details

Closed on
Jan 6, 2004
Sold by
Cam Nt
Bought by
Broad Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2001
Sold by
Larocco Robert M and Larocco Diane D
Bought by
Cam Nt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
7.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1991
Sold by
Larocco Robert M
Bought by
Cdc Rt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
776-782 Broad St Llc $1,100,000 None Available
Broad Rt $650,000 --
Cam Nt $395,000 --
Cdc Rt $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 776-782 Broad St Llc $825,000
Previous Owner Broad Rt $324,000
Previous Owner Cdc Rt $296,250
Previous Owner Cdc Rt $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Sold $1,100,000 -11.9% $187 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/06/2021 08/06/21 Price Changed $1,249,000 -3.8% $212 / Sq Ft
07/28/2021 07/28/21 For Sale $1,299,000 -- $221 / 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 -- $1,130,400 $192,300 $938,100
2024 -- $1,076,600 $183,100 $893,500
2023 $0 $1,025,200 $174,400 $850,800
2022 $0 $884,000 $162,900 $721,100
2021 $0 $802,400 $158,200 $644,200
2020 $0 $780,900 $158,200 $622,700
2019 $0 $750,600 $152,100 $598,500
2018 $0 $702,500 $137,700 $564,800
2017 $0 $719,900 $133,700 $586,200
2016 -- $692,200 $128,600 $563,600
2015 -- $660,500 $128,600 $531,900
2014 -- $637,400 $126,600 $510,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72872793

MLS Property Information Network (MLS PIN)

APN: WEYM-000023-000303-000021