$200,000
●
Multifamily -
Off Market
2 Esther Street
Worcester, MA 01607
7 Beds
0 Bath
3,172 Ft²
$467,556
RealtyHop Estimate
112.53%
Since Apr 1, 2004
National-US
Primary Model
About This Property
GREAT OPPORTUNITY FOR OWNER OCCUPIED OR INVESTOR CENTRAL HEAT
FIRST FLOOR GAS ON GAS SECOND AND THIRD FLOORS HARDWOOD FLOORS AND
OLD WORLD KITCHENS. OFF STREET PARKING FOR 4 OR MORE CARS.
Unit Size
3,172 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$69
Property Type
Multifamily
Property Taxes
$109
HOA Dues
-
Year Built
1904
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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: 4 years ago (MLSPIN #30766850)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Pantry), Unit 2(Pantry), Unit 3(Pantry), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator, Washer, Dryer)
Rooms: 15
Basement: Full, Interior Entry
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lead Paint: Unknown
Lot Features: Other
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Zoning: BL-1
Parcel Number: 254010000100000000300023A00000000000, 1771695
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $81,200
Tax Annual Amount: $1,312
Utilities Details
Heating Type: Unit 1(Central Heat, Unit Control), Unit 2(Gas), Unit 3(Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation
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 |
|---|---|---|---|---|---|---|---|
|
04/17/2025
|
3 Bed
|
1 Bath
|
1035 ft²
|
$174,900
3 Bed
1 Bath
1035 ft²
|
$174,900
06/30/2025
|
Michael Dagilis
Property Partners Real Estate LLC
| |
|
02/14/2023
|
3 Bed
|
1 Bath
|
1022 ft²
|
$235,900
3 Bed
1 Bath
1022 ft²
|
$233,500
-1.02%
04/21/2023
|
Marcela Diaz
RE-Connect, LLC
| |
|
12/15/2004
|
3 Bed
|
1 Bath
|
1035 ft²
|
$154,900
3 Bed
1 Bath
1035 ft²
|
$155,000
+0.06%
06/10/2005
|
Michael Deluca
Coldwell Banker Realty - Worcester
| |
|
12/07/2004
|
3 Bed
|
1 Bath
|
1022 ft²
|
$159,900
3 Bed
1 Bath
1022 ft²
|
$161,500
+1.00%
09/21/2005
|
Michael Deluca
Coldwell Banker Realty - Worcester
| |
|
12/03/2004
|
3 Bed
|
1 Bath
|
1035 ft²
|
$149,900
3 Bed
1 Bath
1035 ft²
|
$149,900
03/30/2005
|
Michael Deluca
Coldwell Banker Realty - Worcester
| |
|
09/10/2003
| |
7 Bed
|
-
|
3172 ft²
|
$220,000
7 Bed
-
3172 ft²
|
$200,000
-9.09%
03/11/2004
|
Jennifer Mewhiney
ERA Key Realty Services
|
Building Info
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