$270,000
●
Multifamily -
Off Market
23 Esther St
Worcester, MA 01607
9 Beds
3 Baths
3,576 Ft²
$432,012
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
BOM. Buyer lost his job the day before closing. Investors and owner
occupied take a look! Great 3 family home with 3 bedrooms in
each unit. Updated electrical, recent renovations, vinyl
replacement windows, vinyl siding. Washer hookups for all
units in the basement and dryer hookups in the units. First
floor has been completely updated, gutted to the studs, insulated,
hardwood floors, remodeled pantry and bathroom with forced hot air.
Walk in closet in the Master! Second floor is gas on
gas, needs some updating. Third floor work has been completed
with new pantry and bath. Currently vacant on all floors so
no tenants to worry about. Easy to show. Schedule
through Showingtime. Being sold in "as is" condition. Seller
will not make improvements. Or FHA eligible unless it's
rehab.
Unit Size
3,576 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$80
Property Type
Multifamily
Property Taxes
$305
HOA Dues
-
Year Built
1890
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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: 5 years ago (MLSPIN #72193032)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street, On Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Ceiling Fans, Pantry, Walk-In Closet, Bathroom With Tub & Shower), Unit 2(Pantry, Bathroom With Tub & Shower), Unit 3(Pantry, Walk-In Closet, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Unit 1(undefined), Unit 2(Wood Flooring), Unit 3(Wood Flooring)
Laundry Features: Washer Hookup
Rooms: 15
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family - 3 Units Up/Down
Stories (Total): 6
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Features: Gentle Sloping
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: RG-5
Parcel Number: M:10 B:012 L:00011, 1771996
Water Source: Public
Financial Details
Tax Assessed Value: $190,700
Tax Annual Amount: $3,665
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Gas), Unit 3(Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
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 |
|---|---|---|---|---|---|---|---|
|
07/05/2017
| |
9 Bed
|
3 Bath
|
3576 ft²
|
$285,000
9 Bed
3 Bath
3576 ft²
|
$275,000
-3.51%
06/26/2018
|
Michael Duffy
1 Worcester Homes
|
|
09/28/2000
| |
9 Bed
|
-
|
3660 ft²
|
$157,500
9 Bed
-
3660 ft²
|
$157,500
01/25/2001
|
Tony Sanders
Real Estate Marketplace
|
|
02/09/1996
| |
9 Bed
|
-
|
3660 ft²
|
$109,000
9 Bed
-
3660 ft²
|
$102,000
-6.42%
08/08/1996
|
Clem Hultberg
The Prudential Fitzpatrick R.E
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017