What is the estimated cap rate for 508 Rollstone St, Fitchburg, MA 01420?

Based on rent reported on the MLS listing, 508 Rollstone St, Fitchburg, MA 01420 (2 units) has an estimated 5.31% cap rate at its $599,900 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 508 Rollstone St, Fitchburg, MA 01420?

The MLS listing reports about $4,200/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

9 Days on market

508 Rollstone St Fitchburg — Photo 1 of 26

$599,900

Investment Analysis — 508 Rollstone St

Fitchburg, MA 01420

Based on rent reported on the MLS listing, a 2-unit multi-family in 01420 carries $4,200/mo in gross rent — about a 5.31% cap rate and $31,849/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,177

Style

Multi Family

Built

1922

Welcome to this Beautiful and well maintained 2 Family home. Great opportunity for Investment or owner occupied. The First-Floor unit offers nice layout, 4 Bedrooms, 3 baths and an updated Kitchen featuring granite counters and stainless-steel appliances. Second Floor offers 2 Bedroom, 1 Bath, and ample sunlight. New Windows and New Granite Countertop. the semi-finish basement serves as additional living space, includes a Kitchenette, full bath, family room, and one bedroom. The Backyard has street frontage on Bourque Terrance, possibly buildable with city approval....

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 MLS and other third-party data may be inaccurate or out of date.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$599,900

Annual Taxes$6,455

Parking

Garage0

Off-Street6

Interior Specifications

Total Rooms17

FireplacesNone

FlooringTile, Vinyl / VCT, Hardwood, Wood

BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas

CoolingCentral Air, Window Unit(s)

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationStone

ZoningRA

Property & Lot

Acres--

SqFt Lot0.22

Lot Features--

Amenities & Appliances

Range • Disposal • Refrigerator • Washer • Dryer • Plumbed For Ice Maker

Neighborhood

Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area • Highway Access

Geography

Listing Provided By

Listing Agent: Marianne Menezes

Listing Office: One Way Realty

MLS® Number: 73578165