149 Lake St Webster, MA 01570
Two-family home or single-family conversion opportunity in 'as is' condition.
- Added:
- Apr 23, 2026
- Days on Market:
- 81
- Last Refresh:
- Jun 29 at 11:52 pm
Property Features for 149 Lake St
General Information
- Standard status
- Active
- Size
- 1,578 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1950
Listing office RE/MAX Properties (401) 639-2906
Listing date Apr 23, 2026
Source Alliancepartnersre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Key Highlights
- Potential to convert to a single‑family residence or maintain as a two‑family property.
- Ample off‑street parking with space for 5‑6 cars.
- Features four bedrooms and two full bathrooms.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.2k | $19.80 |
| − Vacancy | −$772 | −$0.49 |
| EGI | $30.5k | $19.31 |
| − OpEx | −$9.1k | −$5.79 |
| NOI | $21.3k | $13.52 |
