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$385,000
● House - Off Market

401 May

Worcester, MA
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,080 Ft²
$427,518
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

This is a beautiful 4 bedroom, i full and 2 half bathroom colonial located in the west section of Worcester. Welcoming front porch with composite flooring, gleaming hardwood in every rooms, built in window seating and cabinets and a four seasoned sunroom are some of the great features in this house. The walk up attic, partially finished has a lot extra storage space. Two drive ways, one leading to the shared garage and one on the other side of the house. Very conveniently located to area amenities including universities, restaurants, highways, schools and hospitals.
Unit Size
2,080 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$178
Property Type
House
Property Taxes
$452
HOA Dues
-
Year Built
-

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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: 5 years ago (MLSPIN #72839755)

Price History

Date / Event Date Event Price
Jul 12, 2021 Sold
Premium
Sold
May 30, 2021 Listed by Keller Williams Realty Greater Worcester $369,900
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Level: First
Features: Bathroom - Half
Level: Second
Features: Ceiling Fan(s), Flooring - Hardwood
Level: First
Features: Bathroom - With Tub & Shower
Level: First
Level: Second
Level: First
Features: Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
Level: First
Features: Flooring - Hardwood
Features: Bathroom - Half
Level: Basement
Level: Second
Level: Second
Half Bathrooms: 2
Full Bathrooms: 1
Appliances: Oven, Dishwasher, Microwave, Countertop Range, Refrigerator, Gas Water Heater, Utility Connections for Electric Oven
Flooring Type: Tile, Hardwood
Rooms: 9
Has Fireplace
Fireplaces: 1
Basement: Full
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 1
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Zoning: RL-7
Parcel Number: 1789458
Water Source: Public
Financial Details
Tax Assessed Value: $333,300
Tax Annual Amount: $5,426
Utilities Details
Utilities: for Electric Oven
Cooling Type: Window Unit(s)
Heating Type: Hot Water
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Medical Facility, Laundromat, Conservation Area, Highway Access, Public School, University

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72839755
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