$185,000
●
Multifamily -
Off Market
135 Massasoit Rd
Worcester, MA 01604
6 Beds
2 Baths
2,844 Ft²
$302,454
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
*GROUP SHOWING WEDNESDAY 5/23 from 6-7:00pm. UNDER $200k !! AMAZING
NEW Price & LOCATION for this Large 2-Family on Massasoit Rd w/ a 2
Car Garage. Gas Heat, New Vinyl Siding & Newer Water Heaters! The
1st Floor pays $1150 and has updates that included gleaming
Hardwoods & Kitchen cabinets! Living/Dining Room and Very Big
Bedrooms! Nice Fenced in yard & outdoor patio area along with a
nice front porch. The 2nd floor tenants are long term & take care
of lawn and bushes. The 2nd floor has stairs to the attic which has
a lot of potential for additional finished space. The Garage is in
need of work which will eliminate FHA financing. Great property @ A
Great Price!
Unit Size
2,844 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$70
Property Type
Multifamily
Property Taxes
$408
HOA Dues
-
Year Built
1750
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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 #72275683)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2018 | Sold | ||
| Sold | |||
| Jan 30, 2018 | Listed by RE-Connect, LLC | $199,900 | |
| Listed by RE-Connect, LLC | |||
Property Highlights
Parking Available
Parking Details
Has Garage
Parking Features: Off Street, Paved
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
Flooring Type: Laminate, Hardwood
Rooms: 12
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Level
Lot Size Area: 0.19
Lot Size Units: Acres
Lot Size Acres: 0.19
Zoning: BL-1
Parcel Number: M:34 B:08A L:00008, 1793336
Water Source: Public
Financial Details
Tax Assessed Value: $259,100
Tax Annual Amount: $4,900
Utilities Details
Utilities: for Gas Range, for Electric Range
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, 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 |
|---|---|---|---|---|---|---|---|
|
01/30/2018
| |
6 Bed
|
2 Bath
|
2844 ft²
|
$199,900
6 Bed
2 Bath
2844 ft²
|
$185,000
-7.45%
07/10/2018
|
Daniel DiRoberto
RE/MAX Advantage 1
|
|
11/15/2011
| |
6 Bed
|
2 Bath
|
2915 ft²
|
$89,900
6 Bed
2 Bath
2915 ft²
|
$80,000
-11.01%
11/30/2011
|
Daniel Russell
RE/MAX Advantage 1
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017