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$119,000
● Multifamily - Off Market

1335 Main

Worcester, MA
bedrooms
8 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,440 Ft²
$226,485
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

PLEASE SUBMIT ALL HIGHEST AND BEST OFFERS BY 5-11-09 12pm. Rare opportunity to own a multi-use property in a prime location of Worcester. Property needs extensive, Major REHAB,including but not limited to, roof, windows, electrical updates, heating systems, plumbing, interior renovations etc..Repairs will not be offered,Sold AS IS **PRICE REFLECTS WORK NEEDED**  Much potential for the wise buyer, the time to invest is HERE & NOW!! not a bank owned/short-sale,quick close possible.
Unit Size
3,440 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$32
Property Type
Multifamily
Property Taxes
$316
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70912243)

Price History

Date / Event Date Event Price
Jun 24, 2009 Sold
Premium
Sold
May 1, 2009 Listed by La Maison $109,900
Listed by La Maison

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Appliances: Utility Connections for Gas Range
Flooring Type: Wood
Rooms: 18
Basement: Full, Partially Finished, Walk-Out Access, Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Zoning: BL-1
Parcel Number: 1777137
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $280,800
Tax Annual Amount: $3,791
Utilities Details
Utilities: for Gas Range
Heating Type: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Pool, Park, Laundromat, Sidewalks

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 70912243
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