6 Minot St Stoneham — Photo 1 of 38
$724,900
Investment Analysis — 6 Minot St
Stoneham, MA 02180
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02180 carries an estimated $5,870/mo in gross rent — about a 6.54% cap rate and $47,385/yr in estimated NOI at the $724,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,041
Style
Multi Family
Built
1900
Clean, nicely tuned up, affordable two family in close proximity to thriving downtown Stoneham. Features a five room 3-bedroom 1st floor unit with 4 room 2 bedroom on the 2nd floor. 1st floor has an open kitchen and living room with electric fireplace. Front porch to individual front unit entrances. In building laundry hook ups. Seperate gas heat, hot water and electric services. Both units have gas stove's and dedicated driveways. 2nd floor apartment also has a walk up attic that provides great storage or potential living space. The fabulous walk score at 88 confirms that this location provides great to access downtown shopping, restaurants or enjoyment of Stoneham's common with all it's activities and events.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Christopher Barrett
Listing Office: Barrett, Chris. J., REALTORS®
MLS® Number: 73524275