58 Chatham Road Everett — Photo 1 of 28
$699,000
Investment Analysis — 58 Chatham Road
Everett, MA 02149
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02149 carries an estimated $5,970/mo in gross rent — about a 6.52% cap rate and $45,564/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
4,008
Style
Multi Family
Built
1900
Fabulous legal two-family home in Everett, now on the market! The first-floor unit offers four rooms with one bedroom, while the spacious bi-level second- and third-floor unit features five bedrooms, a living room, dining room and eat-in kitchen.The home needs cosmetic updating but offers several important improvements, including newer replacement windows, separate newer heating systems and newer hot-water tanks for both units. Hardwood floors appear to run throughout and have been protected beneath wall-to-wall carpeting for decades.Outside, you’ll find a two-car driveway and a perfectly sized backyard—ideal for entertaining, summer barbecues or simply relaxing. A wonderful opportunity for an owner-occupant, investor or extended family!
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Darlene Minincleri
Listing Office: MP Realty Group
MLS® Number: 73582680
