28 Highland St Southborough — Photo 1 of 23
$640,000
Investment Analysis — 28 Highland St
Southborough, MA 01772
Based on rent reported on the MLS listing, a 2-unit multi-family in 01772 carries $1,875/mo in gross rent — about a 1.62% cap rate and $10,355/yr in estimated NOI at the $640,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,010
Style
Multi Family
Built
1890
This charming 2-family offers about 2,000 square feet of thoughtfully designed one-level living is located on a peaceful, quiet street, yet conveniently close to the Southborough train station. Set on a private lot with a Trex deck overlooking the large backyard. The larger unit includes two ample bedrooms, a spacious office and a large eat-in kitchen that opens to a huge living room with hardwood floors. The living room features a stone fireplace upgraded with a highly efficient heating insert, paired with fully rebuilt chimneys - combining classic charm with reliable performance. Also, the updated electrical panel and the dedicated generator transfer panel, offer peace of mind during New England weather. The second unit offers a separate entrance and boasts a modern kitchen and bath, and a bright bedroom with a soaring cathedral ceiling. With strong income potential and layout flexibility, it is a great choice for rental or an in-law arrangement.
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 MLS and other third-party data may be inaccurate or out of date.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: Richard Anzalone
Listing Office: Remax A-Team
MLS® Number: 73554464
