2 Massachusetts Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2023 | Sold | ||
| Sold | |||
| Oct 25, 2023 | In contract | - | |
| In contract | |||
| Oct 13, 2023 | Listed by Coldwell Banker Realty - Worcester | $1,900,000 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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Welcome home to the Massachusetts Avenue Historic District. Designed by Worcester Architect, George H. Clemence in 1901 for Attorney Charles Milton, this Stately Georgian Revival has been lovingly maintained by all who have lived here. Impeccable manicured grounds w/ impressive granite walkway leads you to the main entrance surrounded by leaded glass. Once you enter this Grand Foyer you are greeted by gleaming hardwood floors & exquisite woodwork. Expansive Living Room w/ architectural details & marble fireplace opens to a lovely conservatory w/ original tile. Gracious Library with built-ins. Spacious Dining Room w/ Italian Marble Fireplace that leads to updated butler's pantry is perfect for entertaining. Updated Gourmet Chef's Kitchen w/ professional appliances, large marble island, custom cabinetry & eat in area! Main Suite offers mainly possibilities. Updated Main Bath. Five additional Bedrooms. Lower Level with newer Sauna and exercise area. One of Worcester's finest locations.
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| Sep 20, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 20, 2023 | Listed by Coldwell Banker Realty - Worcester | $1,900,000 | |
| Listed by Coldwell Banker Realty - Worcester | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017