What is the estimated cap rate for 28-30 Second St, Montague, MA 01376?

Based on rent reported on the MLS listing, 28-30 Second St, Montague, MA 01376 (4 units) has an estimated 3.86% cap rate at its $849,900 list price, assuming $4,200/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 28-30 Second St, Montague, MA 01376?

The MLS listing reports about $4,200/month in total rent for a 4-unit multi-family in 01376. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

43 Days on market

28-30 Second St Montague — Photo 1 of 9

$849,900

Investment Analysis — 28-30 Second St

Montague, MA 01376

Based on rent reported on the MLS listing, a 4-unit multi-family in 01376 carries $4,200/mo in gross rent — about a 3.86% cap rate and $32,778/yr in estimated NOI at the $849,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

4,000

Style

4 Family

Built

1925

Rare opportunity to acquire this four-family brick investment property as part of a package sale with the neighboring two-family property at 24 Second Street. The building features four units, each offering 4 rooms, 2 bedrooms, and 1 full bath. Also included in the sale is a 10-car detached garage, providing valuable additional income potential through garage rentals. Public parking is conveniently located directly across the street for tenants and guests. Combined with the adjoining two-family, this package offers investors the opportunity to own a substantial multi-property portfolio with excellent rental and income-producing potential. Properties are to be sold together. See MLS #73557503.

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 MLS and other third-party data may be inaccurate or out of date.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$849,900

Annual Taxes$5,526

Parking

Garage0

Off-Street0

Interior Specifications

Total Rooms16

FireplacesNone

FlooringWood, Carpet

BasementNone

Climate & Utilities

HeatingNatural Gas, Wall Unit

CoolingNone

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionBrick

RoofRubber

FoundationStone, Brick/Mortar

ZoningNB

Property & Lot

Acres0.14

SqFt Lot6,098

Lot FeaturesCleared, Level

Amenities & Appliances

Range • Refrigerator

Geography

Listing Provided By

Listing Agent: Donald Mailloux

Listing Office: Coldwell Banker Community REALTORS®

MLS® Number: 73557513