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$154,200
● Multifamily - Off Market

22 Crompton

Worcester, MA
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,140 Ft²
$294,554
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Don't let this one pass you by. Average size three family occupied expect for 2nd Floor. First & Third floor rented. First floor Hot water tank just replaced. Also has some updates such as Tile floors, new force hot air furnance. Second Floor has newer electric baseboard heat. Front hall and back hall has just recently been painted and new flooring. Owner is working on renting 2nd floor, but if a buyer needs a unit vacant to live in, please write into offer before owner signs lease with a new tenant. Owner will consider delivering 2nd floor vacant, but reserves the right not deliver vacant any units.
Unit Size
2,140 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$78
Property Type
Multifamily
Property Taxes
$265
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 5 years ago (MLSPIN #71788476)

Price History

Date / Event Date Event Price
Jul 1, 2015 Sold
Premium
Sold
Jan 30, 2015 Listed by Century 21 North East $165,865
Listed by Century 21 North East

Property Highlights

Parking Available
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Gas Water Heater, Electric Water Heater
Rooms: 13
Basement: Full, Dirt Floor
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Yes, Unknown
Lot Features: Level
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: RG5
Parcel Number: 1769346
Water Source: Public
Financial Details
Tax Map Number: 07
Tax Assessed Value: $162,900
Tax Annual Amount: $3,183
Utilities Details
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Gas, Electric, Unit Control), Unit 3(Gas, Individual)
Sewer : Public Sewer
Location Details
Community Features: Sidewalks

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 71788476
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