$217,900
●
Multifamily -
Off Market
1 Othello Road
Worcester, MA 01604
4 Beds
2 Baths
2,118 Ft²
$425,327
RealtyHop Estimate
95.19%
Since Oct 1, 2008
National-US
Primary Model
About This Property
Pride of 1 family ownership in this great 2 family w/ 4 yr young
roof * hardwood fls * eat-in kitchen w/pantry * updated windows *
Dining rms w/ built-in china cabinet * recently updated electric *
recently painted exterior * brick fireplace living rms * Level
mostly fenced yard * Close to UMASS Medical School, Lake Park, MA
Transit Station, Rt 9, Rt 20, Rt 290, Mass Pike * Furance
maintainence warranty transferable to buyer * Knotty-pine lined
porch & entrance way.
Unit Size
2,118 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$103
Property Type
Multifamily
Property Taxes
$263
HOA Dues
-
Year Built
1910
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 years ago (MLSPIN #70810470)
Price History
Property Highlights
Parking Details
Parking Features: Other
Interior Details
Full Bathrooms: 2
Interior Features: Storage, Other (See Remarks), Unit 1(Pantry, Storage), Unit 2(Ceiling Fans, Pantry, Storage), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator, Washer), Tank Water Heaterless, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Other
Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
Rooms: 10
Has Fireplace
Fireplaces: 2
Basement: Full, Interior Entry, Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s), Screens
Construction Materials: Frame, Brick
Patio and Porch Features: Enclosed
Lead Paint: Unknown
Lot Features: Other
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Zoning: RL-7
Parcel Number: 1779931
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 17
Tax Assessed Value: $252,000
Tax Annual Amount: $3,160
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Steam, Oil), Unit 2(Steam, Oil)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/01/2015
| |
4 Bed
|
2 Bath
|
2172 ft²
|
$249,900
4 Bed
2 Bath
2172 ft²
|
$249,900
07/29/2015
|
Dina Raneri
KW Pinnacle MetroWest
|
|
08/22/2008
| |
4 Bed
|
2 Bath
|
2118 ft²
|
$217,900
4 Bed
2 Bath
2118 ft²
|
$217,900
09/30/2008
|
Jean Rinker
|
Building Info
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