$232,500
●
Multifamily -
Off Market
16 Doane St
Worcester, MA 01607
7 Beds
3 Baths
2,371 Ft²
$384,827
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
Don't miss out on this incredible 3 family on a lovely ended way!
Sun drenched, and loaded with charm. Generous rooms & high
ceilings. Vernon Hill locale, is close proximity to both 146, 290,
Holy Cross, and all area offerings. First and second floor units
have both parlor heaters in the living room and electric blowers in
the bedrooms for additional heating. Third floor unit is a newly
renovated, HUGE one bedroom, with an office space, and brand new
water heater! Covered porches for the first two units. Updates to
the property include brand new gas and electric, that is separately
metered. New sewer line and brand new windows! Garage in back for
additional storage. The property is fully tenanted. Come take a
look at this potential investment opportunity.
Unit Size
2,371 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$108
Property Type
Multifamily
Property Taxes
$241
HOA Dues
-
Year Built
1890
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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 years ago (MLSPIN #72440274)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 3(Storage), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen, Office/Den)
Appliances: Unit 1(Range, Refrigerator, Freezer), Unit 2(Range, Refrigerator, Freezer), Unit 3(Range, Refrigerator, Freezer)
Laundry Features: Washer Hookup
Rooms: 14
Basement: Full, Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual, Renovated Since
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lead Paint: Unknown
Lot Features: Cleared
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Zoning: RG-5
Parcel Number: M:10 B:036 L:00008, 1772718
Water Source: Public
Financial Details
Tax Assessed Value: $153,100
Tax Annual Amount: $2,895
Utilities Details
Utilities: Washer Hookup
Heating Type: Unit 1(Electric Baseboard, Gas, Other (See Remarks)), Unit 2(Electric Baseboard, Gas, Other (See Remarks)), Unit 3(Electric Baseboard)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, 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 |
|---|---|---|---|---|---|---|---|
|
05/28/2026
| |
7 Bed
|
3 Bath
|
2707 ft²
|
$679,900
7 Bed
3 Bath
2707 ft²
|
$655,000
-3.66%
07/17/2026
|
Marilyn Green
RE/MAX Signature Properties
|
|
08/30/2019
| |
7 Bed
|
3 Bath
|
2371 ft²
|
$349,900
7 Bed
3 Bath
2371 ft²
|
$400,000
+14.32%
10/07/2019
|
Paola Gomez
Limitless Real Estate Group, LLC
|
|
07/25/2018
| |
7 Bed
|
3 Bath
|
2371 ft²
|
$290,000
7 Bed
3 Bath
2371 ft²
|
$232,500
-19.83%
02/22/2019
|
Michael Giovangelo
|
|
08/10/2016
| |
5 Bed
|
3 Bath
|
2371 ft²
|
$139,900
5 Bed
3 Bath
2371 ft²
|
$145,000
+3.65%
09/28/2016
|
Pamela Kelley
Janice Mitchell R.E., Inc
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017