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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Northborough at 59 School St APT B-4, Northborough, MA, 01532 earns $317/mo cash flow from $2,749/mo rent with a $1,444/mo payment. Total monthly income totals $2,749/mo, and annual cash flow totals $3,799/yr on $97,793 capital. ROI tracks 23.79% on current figures, and rental yield reads 11.18% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 126.39% and total cumulative return in cash sums $123,602. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,749/mo property income instead of your personal income.
Condo
Built in 1969
8,712 sqft lot
$N/A/sqft
$570 monthly HOA
Neighborhood data shown for ZIP Code: 01532, Northborough, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,936 (100%) |
| Owner Occupied HU | 4,611 (77.7%) |
| Renter Occupied HU | 1,154 (19.4%) |
| Vacant Housing Units | 171 ( 2.9%) |
| Median Home Value | $652,230 |
| Average Home Value | $690,710 |
Residential
5,820
Single Family
5,437
Multi-Family
383
Businesses
734
Date | Event | Price |
|---|---|---|
| 2025-01-16 | Listed for sale | $295,000 |
| 2017-02-24 | Sold | $145,000 |
| 2016-12-28 | Pending sale | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-15 | $3250.00 | 16.95% | $227,600 | 21.13% |
| 2023-02-15 | $2779.00 | -0.39% | $187,900 | 11.05% |
| 2022-02-15 | $2790.00 | 3.22% | $169,200 | 7.16% |
Listed by: Raymond F. Mattress III • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73326769
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
