What is the estimated cap rate for 15-17 Central St, Brookfield, MA 01506?

Based on rent reported on the MLS listing, 15-17 Central St, Brookfield, MA 01506 (5 units) has an estimated 8.41% cap rate at its $389,900 list price, assuming $4,045/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 15-17 Central St, Brookfield, MA 01506?

The MLS listing reports about $4,045/month in total rent for a 5-unit multi-family in 01506. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active Under Contract

151 Days on market

15-17 Central St Brookfield — Photo 1 of 13

Recent Drop: $110,000

$499,900

$389,900

Investment Analysis — 15-17 Central St

Brookfield, MA 01506

Based on rent reported on the MLS listing, a 5-unit multi-family in 01506 carries $4,045/mo in gross rent — about a 8.41% cap rate and $32,797/yr in estimated NOI at the $389,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

6,196

Style

5-9 Family

Built

1880

Rare Investment Opportunity! Two income-producing properties being sold together at 15 & 17 Central St in Brookfield. 15 Central is a 2-family with two 2-bedroom units, and 17 Central is a 3-unit with all 2-bedroom apartments. Both share a passing Title V system. All units have long term tenant at will, rents are approx 50% of current market rents. Features include town water, on-site laundry, and a location in the Tantasqua School District. Convenient commuter access to Routes 9, 20, I-84, and the Mass Pike. Strong income now with future upside, perfect for investors looking to grow their portfolio!

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 MLS and other third-party data may be inaccurate or out of date.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

Financials

Original Price$499,900

Annual Taxes$4,093

Parking

Garage0

Off-Street6

Interior Specifications

Total Rooms21

FireplacesNone

Flooring--

BasementFull

Climate & Utilities

Heating--

Cooling--

WaterPublic

SewerPrivate Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationStone

ZoningBA

Property & Lot

Acres0.23

SqFt Lot10,019

Lot FeaturesLevel

Neighborhood

House of Worship • Public School

Geography

Listing Provided By

Listing Agent: Michelle Terry Team

Listing Office: eXp Realty LLC

MLS® Number: 73501301