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113 Lake St Bellingham — Photo 1 of 19

113 Lake St Bellingham — Photo 1 of 19

$650,000

Investment Analysis — 113 Lake St

Bellingham, MA 02019

Based on rent reported on the MLS listing, a 3-unit multi-family in 02019 carries $4,150/mo in gross rent — about a 4.94% cap rate and $32,119/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.

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Beds

5

Baths

3

SqFt

2,730

Style

3 Family - 3 Units Up/Down

Built

1930

Opportunity comes knocking for either a 1st time home buyer or a seasoned investor looking to add to their portfolio. Regardless of the interest rate, this one will cash flow once rents are adjusted to current market. Seller has renovated 2 of the 3 units. Newer roof and septic system.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$650,000
Annual Taxes$5,729

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms10
FireplacesNone
FlooringWood
BasementFull, Partially Finished, Concrete

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerInspection Required for Sale

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
Zoning00

Property & Lot

Acres0.2
SqFt Lot8,573
Lot Features--

Geography

Listing Provided By

Listing Agent: Luciano Souza

Listing Office: Pinto Real Estate

MLS® Number: 73586400