$1,299,000
Investment Analysis — 155 White St
Belmont, MA 02478
Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 02478 carries an estimated $6,340/mo in gross rent — about a 3.28% cap rate and $42,582/yr in estimated NOI at the $1,299,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,829
Style
2 Family - 2 Units Up/Down
Built
1925
Come and see this charming, lead-compliant (2017 testing), two-family home on a gorgeous lot with four floors of living and a two-car garage! The first-floor unit contains seven rooms: a living room with a fireplace, a formal dining room, a sun room, two large bedrooms (one with a laundry), a kitchen, and a bathroom with bath/shower. The lower level of unit 1 features a family room, an office, and a bathroom with a shower stall. Private outside access to this level make it great for overnight visitors. The second floor unit also has two levels. There is an updated kitchen that opens to a balcony overlooking a large backyard, a walk-in pantry, an open DR/LR with a fireplace, two bedrooms, a full bathroom, ceiling fans in several rooms, and a front sun room with great sunshine for plants. A large family room with cathedral ceilings and an additional bedroom are located on the third floor. The long driveway and a two-car garage provide plenty of off-street parking. The lawn space behind the garage can be used for additional gardening or as a separate space for tenants, and each unit has their own back porches. This house is finished with hardwood floors, gas heating, and vinyl windows. The award winning Butler Elementary School is located across the street and offers a fantastic park/playground. Shops at Waverley Square, the Purple Line commuter rail, and the 73 bus's first stop at Waverley Station, which transports you to Harvard Square and ends at the Redline Train to Boston. Belmont boasts three shopping centers, a new library, a new skating rink, recently renovated police department, two newer pools, and an abundance of green space that is both walkable and hikeable. Shopping, Tatte, Wonder, Beaver Brook & the spray park, post office, florist, wine and cheese shop, numerous restaurants, daycares, spas and the grocery store are close by. This location is absolutely ideal for people who prefer not to spend time driving to reach their desired destinations and necessities.
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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer • Disposal • Microwave
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Listing Agent: Anne Mahon
Listing Office: Leading Edge Real Estate
MLS® Number: 73578286

