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$115,000
● Condo - Off Market

44 Elm #403

Worcester, MA
bedrooms
1 Bed
bathrooms
1 Bath
square feet
785 Ft²
$248,695
RealtyHop Estimate
111.83%
Since Dec 1, 2009
National-US
Primary Model

About This Property

Welcome to Lynden House.  This is a lovely 1 bedroom unit on the fourth floor of this well maintained complex.  Open and spacious with large windows, central air and new appliances.   1 deeded garage parking space, laundry in the building and cable is part of your condo fees.  The only additional cost is electricity.   Don't wait this is a great deal in the city.
Unit Size
785 Ft²
Days on Market
-
Land Size
-
Price per sqft
$150
Property Type
Condo
Property Taxes
$148
HOA Dues
$255
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: 4 years ago (MLSPIN #70932026)

Price History

Date / Event Date Event Price
Nov 20, 2009 Sold
Premium
Sold
Jun 10, 2009 Listed by ERA Key Realty Services - Worcester $117,403
Listed by ERA Key Realty Services - Worcester

Property Highlights

Air Conditioning
Interior Details
Level: First
Level: First
Level: First
Level: First
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator
Rooms: 4
Basement: N
Parking Details
Has Garage
Parking Features: Garage Door Opener, Deeded
Garage Spaces: 1
Exterior Details
Entry Level: 4
Security Features: Intercom, Security Gate
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: miixed
Parcel Number: 4272407
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $131,500
Tax Annual Amount: $1,775
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Security
HOA/Condo/Coop Amenities: Hot Water
HOA Fee: $255
Community Features: Public Transportation, Shopping
Management: Professional - Off Site

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: 4 years ago
Data Source: MLS PIN, MLS# 70932026
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