Worcester
24 Main St
$300,000
●
Multifamily -
Off Market
24 Main St
Sutton, MA 01590
4 Beds
4 Baths,
2
Half Baths
2,184 Ft²
$394,020
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
HIGHEST AND BEST OFFERS due 6:30pm Thu Nov. 5. WHAT A FIND - an
entire duplex in the great town of Sutton! Live on one side
and rent out the other to help with the mortgage or use as an
investment property and make some $$. The first floor of each
unit has an eat-in kitchen, living room, and full bath with
washer/dryer hookups. The second floor of each unit has 2
bedrooms, a half bath, and a 3rd room which could be a nursery,
office, walk-in closet, exercise room, etc. Units have been freshly
painted and new carpeting installed on 2nd floor. Both sides
have private fenced-in yards separated by a fence in between,
covered/screened back decks, and driveways. Home comes
equipped with a water softening system and roof approx. 12+/- years
old, shared septic (per owner, town sewer in street if buyer
chooses to connect in the future). Projected rents around
$1400+/- per side. Quick closing possible. This is a
fantastic investment opportunity and it's priced to sell - don't
miss out!
Unit Size
2,184 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$137
Property Type
Multifamily
Property Taxes
$310
HOA Dues
-
Year Built
1880
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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 #72751728)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 2
Full Bathrooms: 2
Interior Features: Unit 1 Rooms(Living Room, Kitchen, Office/Den), Unit 2 Rooms(Living Room, Kitchen, Office/Den)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Dishwasher, Refrigerator)
Rooms: 10
Basement: Sump Pump, Dirt Floor, Unfinished
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 2 Family - 2 Units Side by Side
Stories (Total): 4
Building Area Units: Square Feet
Patio and Porch Features: Deck - Wood
Lead Paint: Certified Treated
Lot Size Area: 0.24
Lot Size Units: Acres
Lot Size Acres: 0.24
Zoning: V
Parcel Number: M:0054 P:32, 3798508
Water Source: Public
Financial Details
Tax Assessed Value: $215,800
Tax Annual Amount: $3,723
Utilities Details
Heating Type: Unit 1(Oil), Unit 2(Oil)
Sewer : Private Sewer
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 |
|---|---|---|---|---|---|---|---|
|
11/02/2020
| |
4 Bed
|
4 Bath
|
2184 ft²
|
$299,900
4 Bed
4 Bath
2184 ft²
|
$300,000
+0.03%
12/17/2020
|
Winslow Homes
LAER Realty Partners
|
|
08/26/1997
| |
6 Bed
|
-
|
1782 ft²
|
$89,900
6 Bed
-
1782 ft²
|
$88,000
-2.11%
04/15/1999
|
Ana Figueroa
Coldwell Banker Realty - Worcester
|
Building Info
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