Active Under Contract
41 Days on market
196-198 Hayden Rd Groton — Photo 1 of 22

196-198 Hayden Rd Groton — Photo 1 of 22

$699,000

Investment Analysis — 196-198 Hayden Rd

Groton, MA 01450

Based on rent reported on the MLS listing, a 2-unit multi-family in 01450 carries $5,400/mo in gross rent — about a 6.08% cap rate and $42,500/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,532

Style

Duplex

Built

1983

Opportunity awaits! Duplex-style condo offering each unit with separate utilities, water, heat, laundry and excellent potential for investors or owner-occupied. Each unit consists of 2-bedroom, 1.5-bath home features first-floor laundry with washer and dryer, a walkout basement with ample storage and potential for future finished living space, plus plenty of off-street parking and generous backyard area. While the property could use some TLC and the building shows its age, recent improvements include new carpeting, new baseboard heating, a new oil tank, and a new boiler. Conveniently located near Routes 119, 225, and I-495 with easy access to shopping, dining,recreation, and other area amenities. A great opportunity to build equity and make this home your own. Also see MLS #73547183 and 73547182 purchase. Don't miss this affordable chance to create the home you've been looking for!

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$699,000
Annual Taxes$6,748

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
FireplacesNone
Flooring--
BasementFull, Walk-Out Access, Concrete

Climate & Utilities

Heating--
Cooling--
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres1.33
SqFt Lot58,196
Lot FeaturesWooded, Level

Geography

Listing Provided By

Listing Agent: Lana Kopsala

Listing Office: Coldwell Banker Realty - Leominster

MLS® Number: 73558095