$375,000
●
Multifamily -
Off Market
4 Stebbins St
Worcester, MA 01607
6 Beds
3 Baths
3,586 Ft²
$533,873
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Terrific investment opportunity in this 3 unit near College Square.
Each unit includes 2 bedrooms and one bath. Two car garage, HUGE
side yard and large driveway. Nice dovetailed hardwood in the first
floor living room. Many of the bigger projects are already done.
Vinyl siding on house, relatively new roof, and almost all
replacement windows (unsure of when installed). First floor unit
has newer cabinetry, and and newer bathroom. Needs some cosmetics
throughout. Second and third floor need some work and updating,
Offers due by Friday, October 18th at 5PM.
Unit Size
3,586 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$102
Property Type
Multifamily
Property Taxes
$528
HOA Dues
-
Year Built
2022
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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: 4 years ago (MLSPIN #72579454)
Price History
Property Highlights
Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street, Tandem, Common, Paved
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Storage, Bathroom With Tub & Shower, Internet Available - Unknown), Unit 2(Storage, Bathroom With Tub & Shower), Unit 3(Walk-In Closet, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Dishwasher, Refrigerator), Unit 3(Range, Refrigerator), Oil Water Heater, Utility Connections for Electric Range, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Vinyl, Carpet, Varies Per Unit, Vinyl / VCT, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Tile Floor, Wood Flooring, Wall to Wall Carpet)
Laundry Features: Washer Hookup
Rooms: 14
Basement: Full, Interior Entry, Concrete, Unfinished
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Features: Cleared, Level
Lot Size Area: 0.44
Lot Size Units: Acres
Lot Size Acres: 0.44
Zoning: RL-7
Parcel Number: M:10 B:015 L:00005, 1772066
Water Source: Public
Financial Details
Tax Assessed Value: $351,800
Tax Annual Amount: $6,332
Utilities Details
Utilities: for Electric Range, for Gas Dryer, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None), Unit 3(None)
Heating Type: Unit 1(Hot Water Baseboard, Steam, Oil, Common, Unit Control), Unit 2(Hot Water Baseboard, Steam, Oil, Common, Unit Control), Unit 3(Gas, Individual)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Bike Path, Highway Access, House of Worship, Private School, Public School, 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 |
|---|---|---|---|---|---|---|---|
|
10/14/2019
| |
6 Bed
|
3 Bath
|
3586 ft²
|
$365,000
6 Bed
3 Bath
3586 ft²
|
$375,000
+2.74%
12/06/2019
|
Cherie Benoit
Keller Williams Realty Greater Worcester
|
|
12/02/1994
| |
6 Bed
|
-
|
4000 ft²
|
$119,900
6 Bed
-
4000 ft²
|
$111,000
-7.42%
06/28/1995
|
Mary Tavolieri McMahon
Fitzpatrick Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017