$589,000
●
Multifamily -
Off Market
10 Massasoit Road
Worcester, MA 01604
9 Beds
3 Baths
3,770 Ft²
$608,974
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Excellent opportunity for investors and owner occupant buyers! Unit
1 consists of a bright living room w/many windows, eat-in kitchen,
pantry, 2+1 bedrooms, full bath, & laundry room. Unit 2 has 2
bedrooms, full bath, living room, kitchen, dining area, & pantry.
Unit 3 has 2+1 bedrooms, a full bath, living room, kitchen, dining
area, & pantry. Unit 1 & 3 were completely renovated recently. This
3-family property is located within close proximity to Holy Cross,
has easy access to the highway, shopping, public transportation,
restaurants & more!! A paved driveway w/ plenty of off-street
parking complete and a big lot complete the package of this
great turn-key home for owner occupant buyers or investors! Call
today, it could be gone tomorrow! Updates: roof (2018) boiler for
1st floor unit (2015), water heaters replaced 2 in 2020, 1 in 2021.
All 3 units deleaded.
Unit Size
3,770 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$156
Property Type
Multifamily
Property Taxes
$491
HOA Dues
-
Year Built
1922
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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 #73011443)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Paved
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Pantry, Storage, Bathroom With Tub & Shower), Unit 2(Pantry, Storage, Bathroom With Tub & Shower), Unit 3(Pantry, Storage, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range), Gas Water Heater, Tank Water Heater, Utility Connections for Electric Dryer
Flooring Type: Tile, Vinyl, Varies Per Unit, Hardwood, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors), Unit 3(Tile Floor, Hardwood Floors)
Laundry Features: Washer Hookup, Unit 1 Laundry Room
Rooms: 16
Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family - 3 Units Up/Down
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lead Paint: Certified Treated, Unknown
Lot Features: Cleared, Level
Lot Size Area: 0.37
Lot Size Units: Acres
Lot Size Acres: 0.37
Zoning: RG-5
Parcel Number: M:35 B:008 L:00046, 1793928
Water Source: Public
Financial Details
Tax Map Number: 35
Tax Assessed Value: $387,600
Tax Annual Amount: $5,895
Utilities Details
Utilities: for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None), Unit 3(None)
Heating Type: Unit 1(Hot Water Radiators, Gas), Unit 2(Hot Water Radiators, Gas), Unit 3(Hot Water Radiators, Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Public School
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 |
|---|---|---|---|---|---|---|---|
|
07/13/2022
| |
6 Bed
|
3 Bath
|
3770 ft²
|
$589,000
6 Bed
3 Bath
3770 ft²
|
$630,000
+6.96%
08/26/2022
|
Martha Convers
Lamacchia Realty, Inc.
|
|
05/14/2002
| |
6 Bed
|
-
|
3200 ft²
|
$249,900
6 Bed
-
3200 ft²
|
$227,000
-9.16%
09/13/2002
|
Maria Navedo
Rushton Realty of Cape Cod
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017