$225,000
●
Condo -
Off Market
16 Bayberry Dr Aka 14 Bayberry #8F
Worcester, MA 01607
2 Beds
1 Bath
880 Ft²
$1,648
Est. Monthly
$377
HOA / Fees
11.06%
Cap Rate
About This Property
Nothing wrong here! First buyer had a change in living situation,
2nd buyer had a change of heart. This condo is situated in a quiet
neighborhood setting with easy access to both Mass Pike and 290 as
well as a short drive to Canal District shopping, restaurants, and
Polar Park. You will find an abundance of storage space including
multiple closets in the unit as well as a large, secured individual
basement area offering laundry, a workshop, and plenty of shelving.
Brand new flooring and recently added mini splits for cooling on
hot days, individual storage shed, and shared attic space.
Open-concept living with cathedral ceilings. Easy to show and ready
for new owners now.
Unit Size
880 Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
Condo
Property Taxes
$190
HOA Dues
$377
Year Built
1985
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Cap Rate Calculator
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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: 4 months ago (MLSPIN #73167692)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Oct 6, 2023 | Listed by Sullivan & Company Real Estate, Inc. | $220,000 | |
| Listed by Sullivan & Company Real Estate, Inc. | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Assigned, Paved
Interior Details
Full Bathrooms: 1
Interior Features: Internet Available - Broadband
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Door Features: Insulated Doors
Laundry Features: In Basement, In Unit, Electric Dryer Hookup, Washer Hookup
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 880
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1985
Building Name: Bayberry Village
Building Area Total: 880
Other Structures: Workshop
Building Area Units: Square Feet
Window Features: Insulated Windows
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $159,100
Tax Annual Amount: $2,281
Utilities Details
Cooling Type: Ductless
Heating Type: Baseboard, Natural Gas, Ductless
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Storage
HOA Fee: $377
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
10/06/2023
|
2 Bed
|
1 Bath
|
880 ft²
|
$220,000
2 Bed
1 Bath
880 ft²
|
$225,000
+2.27%
12/15/2023
|
Cynthia Truax
Sullivan & Company Real Estate, Inc.
| |
|
10/06/2023
|
2 Bed
|
1 Bath
|
880 ft²
|
$220,000
2 Bed
1 Bath
880 ft²
|
$225,000
+2.27%
12/15/2023
|
Ann Marie Sorensen
ERA Key Realty Services- Auburn
| |
|
06/16/2000
|
1 Bed
|
1 Bath
|
1100 ft²
|
$97,500
1 Bed
1 Bath
1100 ft²
|
$95,500
-2.05%
10/22/2000
|
Non Member
State Wide MLS of Rhode Island
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017