511 W Grove St #302 Middleboro — Photo 1 of 6
$250,000
Investment Analysis — 511 W Grove St #302
Middleboro, MA 02346
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02346 carries an estimated $2,040/mo in gross rent — about a 6.83% cap rate and $17,063/yr in estimated NOI at the $250,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
2
SqFt
1,275
Style
Other
Built
1986
Ideally located business office condo in a professional business building. Just off the Middleboro Rotary, and easy access to Routs 24, 495, 18, and 28, this office condo is a great place to start or grow your business. Parking for approximately 135 cars and professionally maintained, own your own space and stop paying rent! This unit was updated six years ago and has been well maintained since. Newer carpeting and LVP flooring and efficient LED lighting as well as new bathrooms. This condo is serviced by municipal gas and electric which help keep the utility costs low. All assessments are paid and current. New entry doors and building alarm
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 MLS and other third-party data may be inaccurate or out of date.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: John J. Coutinho
Listing Office: NextHome South Coast Realty
MLS® Number: 73560284