What is the estimated cap rate for 444 Putnam Hill Rd, Sutton, MA 01590?

Based on rent reported on the MLS listing, 444 Putnam Hill Rd, Sutton, MA 01590 (2 units) has an estimated 2.91% cap rate at its $424,990 list price, assuming $1,875/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 444 Putnam Hill Rd, Sutton, MA 01590?

The MLS listing reports about $1,875/month in total rent for a 2-unit multi-family in 01590. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

2 Days on market

444 Putnam Hill Rd Sutton — Photo 1 of 24

$424,990

Investment Analysis — 444 Putnam Hill Rd

Sutton, MA 01590

Based on rent reported on the MLS listing, a 2-unit multi-family in 01590 carries $1,875/mo in gross rent — about a 2.91% cap rate and $12,386/yr in estimated NOI at the $424,990 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,640

Style

2 Family - 2 Units Side by Side

Built

1884

With one unit vacant, this property is ready for new owners! Both townhouse style units make this home feel like condo living on a street mixed with single family homes. The vacant unit offers 3 bedrooms and 1 bathroom. A one car garage with power belongs to the vacant unit. Updates for this unit included modern paint colors, granite countertops, white cabinets and stainless steel appliances. A laundry hookup is available on the main floor of each unit. The occupied side is rented to a great tenant. That side has the flexibility to be a 4 bedroom with 1 bedroom downstairs and three more upstairs. The flat yard abuts conservation land in the rear offering nice privacy. All utilities are separate and paid by the tenants except water/sewer.

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$424,990

Annual Taxes$4,714

Parking

Garage1

Off-Street7

Interior Specifications

Total Rooms12

FireplacesNone

Flooring--

BasementFull

Climate & Utilities

Heating--

Cooling--

WaterPublic

SewerPublic Sewer

Building & Exterior

Construction--

RoofShingle

FoundationStone

Zoningres

Property & Lot

Acres0.25

SqFt Lot10,890

Lot FeaturesLevel

Geography

Listing Provided By

Listing Agent: The Liberty Group

Listing Office: eXp Realty

MLS® Number: 73577114