$147,330
●
Condo -
Off Market
18 Massasoit Rd #2
Worcester, MA 01604
2 Beds
2 Baths
1,445 Ft²
$278,825
RealtyHop Estimate
86.01%
Since May 1, 2008
National-US
Primary Model
About This Property
UNBELIEVABLE PRICE REDUCTION!!!WAY BELOW ASSESSED VALUE!!!Rare
find! Priced to sell!!!!Small complex of only three units.....2 car
deeded parking, new kitchen, new deck--just being completed today--
full basement that is partially finished,two large bedrooms and 2
full baths! Close to shopping/conveniences, major routes and
hospitals to make commuting a breeze!Easy to show!
Unit Size
1,445 Ft²
Days on Market
-
Land Size
-
Price per sqft
$104
Property Type
Condo
Property Taxes
$163
HOA Dues
$100
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 #70616398)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2008 | Sold | ||
| Sold | |||
| Jul 18, 2007 | Listed by eXp Realty | $149,900 | |
| Listed by eXp Realty | |||
Property Highlights
Interior Details
Level: First
Level: Second
Level: First
Level: Basement
Level: Second
Features: No
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Electric Water Heater, Tank Water Heater
Flooring Type: Vinyl, Carpet
Laundry Features: In Basement
Rooms: 4
Basement: Y
Parking Details
Parking Features: Deeded
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Masswood Condominiums
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: res
Parcel Number: M:35 B:008 L:0442, 1793934
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $161,300
Tax Annual Amount: $1,951
Utilities Details
Cooling Type: None
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $100
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
07/17/2025
|
2 Bed
|
2 Bath
|
1580 ft²
|
$319,000
2 Bed
2 Bath
1580 ft²
|
$319,000
10/17/2025
|
Jeffrey Incutto
BA Property & Lifestyle Advisors
| |
|
05/30/2024
|
2 Bed
|
2 Bath
|
1080 ft²
|
$259,900
2 Bed
2 Bath
1080 ft²
|
$275,000
+5.81%
07/01/2024
|
Wendy Butler
29 Realty Group, Inc.
| |
|
12/14/2023
|
2 Bed
|
2 Bath
|
1080 ft²
|
$259,900
2 Bed
2 Bath
1080 ft²
|
$275,000
+5.81%
04/26/2024
|
Tammy Berthiaume
Coldwell Banker Realty - Worcester
| |
|
05/02/2023
|
2 Bed
|
2 Bath
|
-
|
$249,900
2 Bed
2 Bath
|
-
-
|
Tammy Berthiaume
Coldwell Banker Realty - Worcester
| |
|
05/23/2018
|
2 Bed
|
2 Bath
|
1080 ft²
|
$157,900
2 Bed
2 Bath
1080 ft²
|
$153,500
-2.79%
08/24/2018
|
Michael Mahan
Mahan Real Estate
| |
|
08/26/2016
|
2 Bed
|
2 Bath
|
1080 ft²
|
$115,000
2 Bed
2 Bath
1080 ft²
|
$113,000
-1.74%
03/01/2017
|
Lee Joseph
Coldwell Banker Realty - Worcester
| |
|
07/18/2007
|
2 Bed
|
2 Bath
|
1445 ft²
|
$149,900
2 Bed
2 Bath
1445 ft²
|
$147,330
-1.71%
04/11/2008
|
Lee Joseph
Coldwell Banker Realty - Worcester
| |
|
09/28/2002
|
2 Bed
|
2 Bath
|
1427 ft²
|
$138,000
2 Bed
2 Bath
1427 ft²
|
$137,000
-0.72%
11/18/2002
|
Lee Joseph
Coldwell Banker Realty - Worcester
|
Building Info
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