Introducing LUXURY two attached Townhouse! Fully rented & generating approx $16,000/month in rental income. 8 bed 7 bath, 2 gas fireplace feature 5580sf of interior space spread across 4 levels. Great for a 1031 exchange of investor looking for property with great potent...
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Last Updated: April 5th, 2025 at 8:18am
Gross Income: $187,800
Gross Expenses: $23,600
Net Income Calc: $164,200
CAP Rate: 5.71%
Annual Expenses for 10-12 Belmont St, Newton MA 02458
Total Gross Expenses (Calculated)$23,600/year
APOD AvailableYes
Heating$0
Electricity$0
Water$100
Gas$100
Insurance$2,000
Sewer$100
Trash Removal$0
Repair & Maintenance$2,000
Management$0
Miscellaneous$0
Real Estate Tax$19,500
Annual Income & Unit Breakdown for 10-12 Belmont St, Newton MA 02458
Total Gross Income (Calculated)$187,800
Unit 1
Rental Income7800
LeaseY
Bedrooms4
Bathrooms3 Full, 1 Half
Floor1
Levels in Unit3
HeatingYes
Rent IncludesUnit 1(none), Unit 2(none)
Unit 2
Rental Income7850
LeaseN
Bedrooms4
Bathrooms3 Full, 1 Half
Floor1
Levels in Unit3
HeatingYes
Rent IncludesUnit 1(none), Unit 2(none)
General Information for 10-12 Belmont St, Newton MA 02458
Listing ID73347245
Property TypeMulti Family / 2 Family
Price$2,875,000 ($515.23/SqFt)
Style
CityNewton
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total5,580 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking4
Garage Parking2 / Detached
Year Built1924
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesOther
Foundation Area1536
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpacePatio
ZoningMR1
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Interior Features for 10-12 Belmont St, Newton MA 02458
Disclosures for 10-12 Belmont St, Newton MA 02458
Lead Paint
UFFIUnknown
Living Area Includes BasementYes
Living Area Disclosuregross sqft is approximate
Building Area SourceOwner
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$4,050
Total Gross Income By Broker$190,000
Total Net Income By Broker$20,000
For Sale By OwnerEntry Only
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Location Information for 10-12 Belmont St, Newton MA 02458
Elementary SchoolUnderwood
Middle SchoolBigelow
High SchoolNewton North
Neighborhood(s)
MLS Area
Area AmenitiesShopping, Park, Public Transportation, Tennis Court(s), University
Contact Information for 10-12 Belmont St, Newton MA 02458