30
Map
$319,000
●
Condo -
Off Market
18 Massasoit Rd #B
Worcester, MA 01604
2 Beds
2 Baths
1,580 Ft²
$1,948
Est. Monthly
$125
HOA / Fees
8.33%
Cap Rate
About This Property
Beautifully maintained townhouse in the heart of Worcester. This
rare unit is 1 of only 3 in this complex! Open kitchen leads to a
newly renovated deck for nice outside living. Brand new carpet on
the stairs with newer high end vinyl planking flooring throughout
the upstairs. Brand new water heater also just installed. The
basement is partly finished for even more living area with great
built ins. Unit comes with 2 deeded parking spots. 50yr shingle
roof just installed a few months ago. Perfectly situated to all
major routes and shopping.
Unit Size
1,580 Ft²
Days on Market
-
Land Size
-
Price per sqft
$202
Property Type
Condo
Property Taxes
$256
HOA Dues
$125
Year Built
-
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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: 12 months ago (MLSPIN #73406172)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Listed by BA Property & Lifestyle Advisors | $319,000 | |
| Listed by BA Property & Lifestyle Advisors | |||
| Aug 24, 2018 | Sold | ||
| Sold | |||
| May 23, 2018 | Listed by Keller Williams Realty Greater Worcester | $157,900 | |
| Listed by Keller Williams Realty Greater Worcester | |||
| | |||
|
Well cared for, middle unit condo with off-street parking and finished basement. The first floor features a living room with hardwood floor, eat-in kitchen with access to deck, and a half bathroom. The second floor features two nicely-sized bedrooms and a full bathroom. Basement features finished area perfect for a family room or office - basement also includes laundry and storage. Close to highway! Close to downtown! Close to hospitals! Low condo fee! Why rent when you could own this unit in a perfect commuter location? This is a must see, this unit will not last long!
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Deeded
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator
Flooring Type: Laminate, Hardwood
Laundry Features: In Unit
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1580
Year Built Source: Public Records
Year Built: 1986
Building Area Total: 1580
Building Area Units: Square Feet
Patio and Porch Features: Deck - Wood
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $232,900
Tax Annual Amount: $3,072
Utilities Details
Cooling Type: Ductless
Heating Type: Ductless
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
HOA Fee: $125
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 |
|---|---|---|---|---|---|---|---|
|
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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