$500,000
●
Multifamily -
Off Market
179 Massasoit Rd
Worcester, MA 01604
8 Beds
3 Baths
4,003 Ft²
$692,513
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
OFFER DEADLINE MONDAY 3/22 at 5pm. Pride in ownership shows in this
well cared for 3 family in Worcester. Tastefully updated units
featuring stainless steel appliances, hardwood floors & in-unit
laundry. First and second floor units have 3 bedrooms, third floor
unit has 2 bedrooms. Excellent commuter route! Less than 10 minutes
from both UMASS campuses & just 2 miles from Kelly Sq. and soon to
come Polar Stadium! This one won't last! No in person showings at
this time; Video tour available on YouTube.
Unit Size
4,003 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$122
Property Type
Multifamily
Property Taxes
$567
HOA Dues
-
Year Built
1921
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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 #72636082)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Ceiling Fans, Storage, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Bathroom With Tub & Shower), Unit 3(Ceiling Fans, Bathroom With Tub & Shower), Unit 1 Rooms(Dining Room, Kitchen, Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo, Mudroom), Unit 3 Rooms(Living Room, Kitchen, Mudroom)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Unit 3(Range, Refrigerator, Washer, Dryer), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
Rooms: 17
Basement: Full, Concrete
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual, Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Yes
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Zoning: RS-7
Parcel Number: M:34 B:014 L:00027, 1792565
Water Source: Public
Financial Details
Tax Assessed Value: $377,800
Tax Annual Amount: $6,800
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None), Unit 3(None)
Heating Type: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
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 |
|---|---|---|---|---|---|---|---|
|
03/19/2020
| |
8 Bed
|
3 Bath
|
4003 ft²
|
$490,000
8 Bed
3 Bath
4003 ft²
|
$500,000
+2.04%
05/08/2020
|
Gabrielle Aguiar
Keller Williams Boston Metrowest
|
|
08/09/2017
| |
8 Bed
|
3 Bath
|
4003 ft²
|
$350,000
8 Bed
3 Bath
4003 ft²
|
$350,000
09/26/2017
|
Karyn Holbrook
Keller Williams Realty Westborough
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017