$289,900
●
Multifamily -
Off Market
447 Massasoit
Worcester, MA 01604
5 Beds
0 Bath
1,796 Ft²
$668,869
RealtyHop Estimate
130.72%
Since Jul 1, 2003
National-US
Primary Model
About This Property
SAFE, CLEAN LOCATION NEAR PARK. MINS FROM PIKE & DOWNTOWN.
IMMACULATE 2 FAMILY THAT FEELS LIKE A ONE FAMILY LARGE PRIVATE YARD
WITH PATIO, NICELY LANDSCAPED. BOTH UNITS HAVE AN ENCLOSED PORCH
WHICH CAN BE USED ALL YEAR
Unit Size
1,796 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$161
Property Type
Multifamily
Property Taxes
$233
HOA Dues
-
Year Built
1951
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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 #30710361)
Price History
Property Highlights
Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Ceiling Fans, Storage), Unit 2(Storage), Unit 1 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen, Other (See Remarks))
Appliances: Unit 1(Range, Dishwasher, Disposal, Indoor Grill, Water Treatment), Unit 2(Range, Refrigerator, Water Treatment), Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
Flooring Type: Wood, Tile, Vinyl
Laundry Features: Washer Hookup, Unit 1 Laundry Room
Rooms: 9
Has Fireplace
Fireplaces: 1
Basement: Full, Walk-Out Access, Garage Access, Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Unknown/Mixed
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s), Screens
Construction Materials: Frame
Patio and Porch Features: Enclosed, Patio
Lead Paint: Unknown
Lot Size Area: 0.31
Lot Size Units: Acres
Lot Size Acres: 0.31
Zoning: RS-7
Parcel Number: 1793161
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $166,400
Tax Annual Amount: $2,800
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Forced Air, Oil), Unit 2(Gas, Electric)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Sidewalks
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 |
|---|---|---|---|---|---|---|---|
|
01/25/2006
| |
5 Bed
|
2 Bath
|
1796 ft²
|
$337,500
5 Bed
2 Bath
1796 ft²
|
$332,500
-1.48%
03/24/2006
|
James V. Brown
|
|
04/14/2003
| |
5 Bed
|
-
|
1796 ft²
|
$289,900
5 Bed
-
1796 ft²
|
$289,900
06/09/2003
|
Skip Tebo
Coldwell Banker Realty - Worcester
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017