$750,000
●
Multifamily -
Off Market
35 Grammont Road
Worcester, MA 01607
9 Beds
6 Baths
4,497 Ft²
$4,309
Est. Monthly
37.81%
Cap Rate
About This Property
Discover this exceptional 3-family home, located in Worcester, with
easy access to I-290 and Route 146. Perfect for owner occupants or
savvy investors, this property offers three distinct units with
spacious layouts. Units on the lower-level and first floor feature
2 bedrooms and 2 full baths, and second floor unit offers a
generous layout with 4 bedrooms and 2 full baths! Solar panels
recently installed, along with a brand new roof! This versatile
property presents a fantastic opportunity for rental income or
multi-generational living. Don't miss out on this rare find in a
prime location!
Unit Size
4,497 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$169
Property Type
Multifamily
Property Taxes
$582
HOA Dues
-
Year Built
1900
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Cap Rate Calculator
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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: 2 years ago (MLSPIN #73270084)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 17, 2024 | Price Decreased |
$759,000
↓ $6K
(0.8%) | |
| Price Decreased | |||
| Aug 10, 2024 | Price Decreased |
$765,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jul 26, 2024 | Listed by Lamacchia Realty, Inc. | $775,000 | |
| Listed by Lamacchia Realty, Inc. | |||
Show More
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 6
Interior Features: Bathroom with Shower Stall, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Kitchen, Living Room
Appliances: Range, Refrigerator
Flooring Type: Tile, Vinyl, Carpet, Varies, Hardwood
Rooms: 14
Basement: Finished
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family - 3 Units Up/Down
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: Unknown
Lot Features: Cleared, Level
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: RG-5
Parcel Number: M:10 B:036 L:00028, 1772728
Water Source: Public
Financial Details
Tax Map Number: 10
Tax Assessed Value: $508,100
Tax Annual Amount: $6,986
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: None
Heating Type: Electric, Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Public School
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 |
|---|---|---|---|---|---|---|---|
|
07/26/2024
| |
9 Bed
|
6 Bath
|
4497 ft²
|
$775,000
9 Bed
6 Bath
4497 ft²
|
$750,000
-3.23%
10/18/2024
|
Tisia Ciesluk
Coldwell Banker Realty - Northborough
|
|
07/07/2021
| |
8 Bed
|
6 Bath
|
4497 ft²
|
$499,000
8 Bed
6 Bath
4497 ft²
|
$564,000
+13.03%
09/10/2021
|
Ray Mattress
Lamacchia Realty, Inc.
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017