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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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4 Nook Rd , Plymouth, MA 02360
$1,566,000
Est. Payment: $3,480.00/mo
0 Bed
0 Bath
3631 Sqft
Status: Active | Days on site: 55
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AC2382 - CT009289
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House Description

Located at 4 Nook Rd, Plymouth, this sober house presents an opportunity to own a secure investment in a desirable location. Encompassing 3,631 square feet of living area, the residence, built in 1975, renovated in 2023-24, sits on a 27,841 sq. ft. lot. The sober house is MASH Certified for 24 beds, is leased on a pure triple net basis for 20 years, which commenced as of April 2023, with 2.5% annual increases, at a current rent of $140.991, which provides the investor a 9.00% yield. Perfect for a 1031 buyer. This property may also be purchased with 230 Summer St, which provides a buyer with an identical yield profile.

Highlights

Listed by J. Murray Regan , 617-851-3458 JMR Commercial RE Services , 617-851-3458.

Property Type

Commercial Sale

Lot/Acreage
0.64

Year Built

1975

County

Plymouth

Area

Downtown

Listing ID

73554586

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Legal Conforming
Roof:Asphalt/Composition Shingles
Principal Interest
$3,480
Taxes
$767

Home Price

$1,566,000

Loan Details

30 yrs
%

Down Payment

20%
$313,200
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Monthly Price:
$3,480.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,480.00 $767.43 $0.00 $4,247.43
Yearly $41,760.00 $9,209.19 $0.00 $50,969.19
Total $1,252,800.00 $276,275.70 $0.00 $1,529,075.70

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Plymouth, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.