$350,000
●
Multifamily -
Off Market
4 Maxwell Ct
Worcester, MA 01607
6 Beds
2 Baths
2,184 Ft²
$396,185
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
INVESTORS, LANDLORDS, OWNER OCCUPANTS, Have you seen this
opportunity? It will go quick for sure. Up and coming area with
home values soaring. Be part of the renaissance that is Worcester.
Situated on a DOUBLE LOT( property is coupled with 0 ROY St. both
lots on one deed). 2 Water heaters and 2 boilers that have
automatic water feed are a few yrs young. New electrical panels
with an exterior service to the house. Great layout with /front and
rear stairs, gas and hot water, updated vinyl windows in both
units, HARDWOOD floors!! and 5 Rooms in each unit with generous
room sizes. Common laundry washer and dryer in basement. 71 ft
frontage for street parking. Fully occupied with tenants on lease.
Schedule an appointment or come to the open house.
Unit Size
2,184 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$160
Property Type
Multifamily
Property Taxes
$314
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 #72842386)
Price History
Property Highlights
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Lead Certification Available, Bathroom With Tub & Shower), Unit 2(Lead Certification Available, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator, Vent Hood), Unit 2(Range, Microwave, Refrigerator), Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
Laundry Features: Washer Hookup, Dryer Hookup
Rooms: 10
Basement: Full, Unfinished
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lead Paint: Yes, Certified Treated
Lot Size Area: 0.32
Lot Size Units: Acres
Lot Size Acres: 0.32
Zoning: RG-5
Parcel Number: M:10 B:003 L:00005, 1771667
Water Source: Public
Financial Details
Tax Map Number: 10
Tax Assessed Value: $231,300
Tax Annual Amount: $3,766
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Steam), Unit 2(Steam)
Sewer : Public Sewer
Location Details
Community Features: Shopping, Highway Access, 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 |
|---|---|---|---|---|---|---|---|
|
01/09/2026
| |
6 Bed
|
2 Bath
|
2184 ft²
|
$589,900
6 Bed
2 Bath
2184 ft²
|
-
-
|
Frances Alvarez
Palace Realty Boston
|
|
06/03/2021
| |
6 Bed
|
2 Bath
|
2184 ft²
|
$349,000
6 Bed
2 Bath
2184 ft²
|
$350,000
+0.29%
09/29/2021
|
Frances Alvarez
Palace Realty Boston
|
|
02/21/2018
| |
6 Bed
|
2 Bath
|
2184 ft²
|
$150,000
6 Bed
2 Bath
2184 ft²
|
$197,500
+31.67%
03/30/2018
|
Michael Yerardi
Proactive Realty
|
Building Info
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