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$559,900

For Sale - Active
13 Salisbury St, Brockton, MA 02302
4 Beds
2 Baths
1,892 Square Feet
0.43 Acres Lot
Built in 1870
For Sale - Active
Units n/a
Checked: 6 hours ago
Updated: Jun 22, 2025 at 03:16AM

Investment Summary


Monthly Cash Flow
-$494
Cap Rate
4.6%
Cash-on-Cash Return
-4.6%
Debt Coverage Ratio
0.81
Internal Rate of Return (5 years)
-0.5%

Property Description


0.43 Acres Lot
Built in 1870
For Sale - Active
Units n/a

Welcome to this spacious 8-room, 4-bedroom, 2-bath home full of character and potential! Thoughtfully updated over the years, it’s move-in ready and just waiting for your personal touch and TLC. Enjoy a large eat-in kitchen perfect for casual meals and gathering with family. A charming double-sided fireplace warms both the dining and living rooms, creating a cozy, inviting atmosphere. Step through double-doors from the large living room (or great room) onto a huge deck that overlooks a generous backyard—perfect for entertaining, family gatherings, or simply relaxing outdoors. The property includes a detached 2-car garage, two large storage sheds, a pool house, and an in-ground pool ready for revitalization. Conveniently located near the commuter train station, making city access a breeze. Don’t miss this unique chance to make a great home even greater!

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Location


Property Details


Parking

  • Description: Detached, Paved Drive, Off Street
  • Details: Paved, Detached
  • Garage Spaces: 2
  • Spaces Total: 6

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 2
  • Attic: Yes
  • Basement: Yes
  • Basement Description: Full
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Siding (Alum/Vinyl)
  • Foundation: Stone
  • Roof Material: Shingle
  • Pool: Yes

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: BROCM:128R:027S:
  • Lot Size: 18622 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Colonial
  • Year Built: 1870

Tax Information

  • Annual Tax: $6,416

Utilities

  • Water & Sewer: Public
  • Heating: Forced Air, Oil
  • Cooling: None

Location

  • County: Plymouth

Investment Summary


Monthly Cash Flow
-$494
Cap Rate
4.6%
Cash-on-Cash Return
-4.6%
Debt Coverage Ratio
0.81
Internal Rate of Return (5 years)
-0.5%

Purchase Details

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Purchase price:
$559,900
Amount financed:
-$447,920
Down payment:
$111,980
Closing costs:
$16,797
Rehab costs:
$0
Initial cash invested:
$128,777
Square feet:
1,892
Cost per square foot:
$296
Monthly rent per square foot:
$2.06

Financing Details

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Loan amount:
$447,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$2,650
Property tax:
$535
Insurance:
$273
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,458

Operating Income

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% Rent Monthly Yearly
Gross rent:
$3,900 $46,800
Vacancy loss: (6%)
6% -$234 -$2,808
Operating income:
$3,666 $43,992

Operating Expenses


% Rent Monthly Yearly
Property taxes: (14%)
14%-$535-$6,416
Insurance: (7%)
7%-$273-$3,276
Property management: (8%)
8%-$312-$3,744
Repairs & maintenance: (5%)
5%-$195-$2,340
Capital expenditures: (5%)
5%-$195-$2,340
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (39%)
39%-$1,510-$18,116

Cash Flow


Monthly Yearly
Net operating income:
$2,156 $25,872
Mortgage payments:
-$2,650 -$31,800
Cash flow:
$494 $5,928