$375,000
●
Multifamily -
Off Market
34 Halmstad St
Worcester, MA 01607
9 Beds
3 Baths
3,711 Ft²
$529,457
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Phenomenal 3 family on GREAT street! LOCATION LOCATION LOCATION!
This 9 bedroom 3 family is easy to rent and was recently completely
landscaped. Wonderful income potential and perfect for owner
occupant also with potential of $3000 a month in added income to
help pay the mortgage. Separately metered Electric and gas heat and
hot water. extra storage in basement. Recent upgrades include $8500
in landscaping, $5000 french drain of basement, $10,000
various repairs including new windows in basement, sump pump and
roof repair. Each unit is spacious and has 3 bedrooms, a front
porch, a galley kitchen w washer and dryers and a large eat in
kitchen too! mud room and even a back deck and storage w some
units. VINYL windows, VINYL siding, and off street parking. Just
Move in!
Unit Size
3,711 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$94
Property Type
Multifamily
Property Taxes
$420
HOA Dues
-
Year Built
1900
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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 #72349857)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Tandem, Common, Paved
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Storage, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen, Mudroom), Unit 2 Rooms(Living Room, Kitchen, Mudroom), Unit 3 Rooms(Living Room, Kitchen, Mudroom)
Appliances: Unit 1(Range, Refrigerator, Freezer, Washer, Dryer), Unit 2(Range, Refrigerator, Freezer, Washer, Dryer), Unit 3(Range, Refrigerator, Freezer, Washer, Dryer), Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Vinyl, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors, Wood Flooring), Unit 3(Hardwood Floors, Wood Flooring)
Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
Rooms: 21
Basement: Full, Interior Entry, Sump Pump, Concrete, Unfinished
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck, Patio
Lead Paint: Yes
Lot Features: Cleared, Level
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Zoning: RL-7
Parcel Number: M:10 B:023 L:00041, 1772324
Water Source: Public
Financial Details
Tax Assessed Value: $266,700
Tax Annual Amount: $5,043
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(Window AC), Unit 2(Window AC)
Heating Type: Unit 1(Hot Water Baseboard, Gas, Individual, Unit Control), Unit 2(Hot Water Baseboard, Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Highway Access, House of Worship
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 |
|---|---|---|---|---|---|---|---|
|
06/20/2018
| |
9 Bed
|
3 Bath
|
3711 ft²
|
$350,000
9 Bed
3 Bath
3711 ft²
|
$375,000
+7.14%
08/17/2018
|
Oren Mael
Sapphire Real Estate
|
|
06/24/2016
| |
9 Bed
|
3 Bath
|
3711 ft²
|
$275,000
9 Bed
3 Bath
3711 ft²
|
$270,000
-1.82%
11/10/2016
|
Stewart & Stewart
Coldwell Banker Residential Brokerage - Sturbridge
|
|
02/18/1996
| |
9 Bed
|
-
|
3324 ft²
|
$119,900
9 Bed
-
3324 ft²
|
$117,500
-2.00%
08/16/1996
|
Rochelle Jonswold
Keller Williams Realty North Central
|
Building Info
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