Worcester
16 General Hobbs Rd #1
$578,500
●
Multifamily -
Off Market
16 General Hobbs Rd #1
Holden, MA 01522
8 Beds
4 Baths,
4
Half Baths
1,092 Ft²
$1,065,342
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model
About This Property
GREAT OPPORTUNITY to buy ALL 4 TOWNHOUSES in Holden .
Seperate townhouse units, Fully applianced plus washer/dryer in
basement. All rented with a 1 year lease to be honored. These
highly sought after UPDATED Townhouses are listed below market
value and would be great for a 1031 exchange. Full eat in
kitchens/pantry and deck off sliders in kitchen. Double
closets in Master bdrm. Lots of storage in additional space in
basement. Laundry area. Close to area amenities and easy hwy
access.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$549
Property Type
Multifamily
Property Taxes
$173
HOA Dues
-
Year Built
-
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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 months ago (MLSPIN #71851979)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2015 | Sold | ||
| Sold | |||
| Jun 5, 2015 | Listed by Conway - Brighton | $599,900 | |
| Listed by Conway - Brighton | |||
| | |||
|
GREAT OPPORTUNITY to buy ALL 4 TOWNHOUSES in Holden . Seperate townhouse units, Fully applianced plus washer/dryer in basement. All rented with a 1 year lease to be honored. These highly sought after UPDATED Townhouses are listed below market value and would be great for a 1031 exchange. Full eat in kitchens/pantry and deck off sliders in kitchen. Double closets in Master bdrm. Lots of storage in additional space in basement. Laundry area. Close to area amenities and easy hwy access.
| |||
Property Highlights
Parking Available
Parking Details
Has Open Parking
Parking Features: Off Street, Paved, Paved Drive
Interior Details
Half Bathrooms: 4
Full Bathrooms: 4
Interior Features: Storage, Living Room, Kitchen, Laundry Room
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Vinyl, Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup
Rooms: 16
Basement: Full, Interior Entry
Exterior Details
Square Footage: 1092
Year Built Source: Public Records
Year Built: 1986
Building Area Total: 1092
Levels: 8
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s), Screens
Construction Materials: Frame, Brick
Patio and Porch Features: Deck - Wood
Pool is Private
Lot Size Area: 0.55
Lot Size Units: Acres
Lot Size Acres: 0.55
Lot Size Square Feet: 23983
Water Source: Public
Financial Details
Tax Assessed Value: $116,800
Tax Annual Amount: $2,073
Utilities Details
Sewer : Private Sewer
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 |
|---|---|---|---|---|---|---|---|
|
06/05/2015
|
8 Bed
|
8 Bath
|
1092 ft²
|
$599,900
8 Bed
8 Bath
1092 ft²
|
$578,500
-3.57%
07/08/2015
|
Susan Ovian
ERA Key Realty Services - Worcester
|
Building Info
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