What is the estimated cap rate for 23-39 Southwick St, Agawam, MA 01030?

Based on rent reported on the MLS listing, 23-39 Southwick St, Agawam, MA 01030 has an estimated 3.58% cap rate at its $2,500,000 list price, assuming $12,695/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 23-39 Southwick St, Agawam, MA 01030?

The MLS listing reports about $12,695/month in total rent for a -bedroom in 01030. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

928 Days on market

23-39 Southwick St Agawam — Photo 1 of 23

$2,500,000

Investment Analysis — 23-39 Southwick St

Agawam, MA 01030 — Feeding Hills

Based on rent reported on the MLS listing, a home in 01030 carries $12,695/mo in gross rent — about a 3.58% cap rate and $89,487/yr in estimated NOI at the $2,500,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

11,255

Style

Other

Built

1975

Looking for a GREAT investment? Here it is. Seller financing may be available. Own this fantastic 6 unit shopping center in a high traffic location in Feeding Hills. All 6 units (8,427 sq. ft) have been long term. (1 tenant since the building was built,1975) Your purchase will also include 23 Southwick St that was built in 1900 and is a 2,828 sq.ft building with an empty office on the 1st floor. Gross Annual Income is $152,340.00. You can drive by and walk around outside but PLEASE do not enter the building and disturb the businesses. Call today for your appointment.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Financials

Original Price$3,000,000

Annual Taxes$26,291

Parking

Garage0

Off-Street0

Interior Specifications

Total Rooms--

FireplacesNone

Flooring--

BasementNone

Climate & Utilities

Heating--

Cooling--

Water--

Sewer--

Building & Exterior

Construction--

Roof--

Foundation--

ZoningBA

Property & Lot

Acres1.34

SqFt Lot58,370

Lot Features--

Geography

Listing Provided By

Listing Agent: Kimberly Allen Team

Listing Office: Berkshire Hathaway HomeServices Realty Professionals

MLS® Number: 73206882