$184,500
●
Multifamily -
Off Market
11 Weldon Ave
Worcester, MA 01607
4 Beds
2 Baths
1,680 Ft²
$325,589
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
About This Property
Owner occupants or investors take note on this lovely 2-family
property that is in flawless condition!! Sick of paying rent? Live
on one floor and have your tenant offset your mortgage payment!!
This property offers it all; updated roof,windows,hot-water tanks
as well as updated electrical...Both units have updated cabinets
that are complimented with granite counter-tops. Hardwood and tile
flooring throughout both units. Looking for off-street parking?
This property has plenty of it as well as a large detached garage!
This property also offers a bonus room on the third floor that
could be used for more living space. Close to all major highways
such as Rt-146, Rt-290 and the MASSPIKE. Additionally, this
property is settled on a quiet street next to recently built new
construction. Schedule your showing today this property will not
last!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$113
Property Type
Multifamily
Property Taxes
$284
HOA Dues
-
Year Built
1900
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 4 years ago (MLSPIN #71947436)
Price History
Property Highlights
Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Electric Water Heater, Utility Connections for Electric Range
Flooring Type: Tile, Hardwood
Rooms: 8
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Cleared
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Zoning: RG-5
Parcel Number: M:31 B:019 L:00145, 1790233
Water Source: Public
Financial Details
Tax Assessed Value: $169,800
Tax Annual Amount: $3,408
Utilities Details
Utilities: for Electric Range
Heating Type: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University
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 |
|---|---|---|---|---|---|---|---|
|
01/11/2016
| |
4 Bed
|
2 Bath
|
1680 ft²
|
$189,000
4 Bed
2 Bath
1680 ft²
|
$184,500
-2.38%
04/29/2016
|
Paul O'Rourke
RE/MAX Prof Associates
|
|
07/26/2010
| |
4 Bed
|
2 Bath
|
1638 ft²
|
$150,000
4 Bed
2 Bath
1638 ft²
|
$165,100
+10.07%
12/01/2010
|
Debra Rivera
1 Worcester Homes
|
|
12/02/2009
| |
4 Bed
|
2 Bath
|
1638 ft²
|
$89,900
4 Bed
2 Bath
1638 ft²
|
$165,100
+83.65%
12/01/2010
|
Seth Campbell Realty Group
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017