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$200,000
● Multifamily - Off Market

137 Eastern

Worcester, MA
bedrooms
9 Beds
bathrooms
3 Baths
square feet
3,132 Ft²
$384,912
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

A 3 unit- income property just listed located in the central of the City: 5 rooms and 3 bedrooms in each unit, it has the same lay-out, many recent updates: 3 forced air/ gas, hot water tanks, electrical and plumbing, updated kitchen, baths and much more. Letter compliance for each unit. Solid income $2950. Nothing to do just collect rent. No Shortsale. Schedule to view today!
Unit Size
3,132 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$69
Property Type
Multifamily
Property Taxes
$247
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: 4 years ago (MLSPIN #71800742)

Price History

Date / Event Date Event Price
May 29, 2015 Sold
Premium
Sold
Mar 12, 2015 Listed by DeVries Dolber Realty, LLC $214,900
Listed by DeVries Dolber Realty, LLC

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, On Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Tile, Vinyl, Carpet, Laminate
Rooms: 15
Basement: Full, Walk-Out Access
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Certified Treated
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Zoning: RG5
Parcel Number: 1777927
Water Source: Public
Financial Details
Tax Assessed Value: $147,600
Tax Annual Amount: $2,962
Utilities Details
Utilities: for Gas Range
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas)
Sewer : Public Sewer

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: 4 years ago
Data Source: MLS PIN, MLS# 71800742
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