What is the estimated cap rate for 116 Marshall Street, Fitchburg, MA 01420?

Based on rent reported on the MLS listing, 116 Marshall Street, Fitchburg, MA 01420 (2 units) has an estimated 1.32% cap rate at its $430,000 list price, assuming $1,200/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 116 Marshall Street, Fitchburg, MA 01420?

The MLS listing reports about $1,200/month in total rent for a 2-unit multi-family in 01420. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

25 Days on market

116 Marshall Street Fitchburg — Photo 1 of 19

$430,000

Investment Analysis — 116 Marshall Street

Fitchburg, MA 01420

Based on rent reported on the MLS listing, a 2-unit multi-family in 01420 carries $1,200/mo in gross rent — about a 1.32% cap rate and $5,685/yr in estimated NOI at the $430,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,584

Style

Multi Family

Built

1900

Great opportunity for owner occupants or investors. This two family offers excellent potential with a little TLC and the opportunity to build equity. Move into one unit and let the rental income help offset the mortgage. The main unit is currently vacant, lower level is rented. Features includes, separate utilities, washer/dryer hookup, newer roof. Solar panels, $219.34 a month. The buyer to assume the existing solar panels contract. Don’t miss the opportunity to unlock the possibilities this two family has to offer.

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 MLS and other third-party data may be inaccurate or out of date.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

Financials

Original Price$430,000

Annual Taxes$5,259

Parking

Garage1

Off-Street4

Interior Specifications

Total Rooms10

Fireplaces1

FlooringVinyl

BasementFull, Finished

Climate & Utilities

HeatingNatural Gas

CoolingWindow Unit(s), None

WaterPublic

SewerPublic Sewer

Building & Exterior

Construction--

RoofShingle, Rubber

FoundationConcrete Perimeter, Stone

ZoningRB

Property & Lot

Acres0.08

SqFt Lot3,655

Lot FeaturesCorner Lot

Amenities & Appliances

Range • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Medical Facility • Laundromat • House of Worship • Public School

Geography

Listing Provided By

Listing Agent: Jacqueline Solis

Listing Office: Foster-Healey Real Estate

MLS® Number: 73565797