$189,900
●
Multifamily -
Off Market
488 Massasoit Road
Worcester, MA 01604
3 Beds
2 Baths
1,659 Ft²
$408,816
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model
About This Property
Back On The Market! Buyers financing falls thru. Lovely Duplex
close to the Shrewsbury/Millbury line is ideal for owner occupants
who want the privacy of a single family home to live in while the
attached 1 bedroom apartment helps pay mortgage. Landlord side
offers spacious kitchen & dining area w/ceramic tile floor. Find
h/w flrs in living room & bedrooms. Newly updated bath! Great inlaw
potential in fin. basement w/2nd kitchen & family room. Private
yard, pool, screened porch & 1 car garage.
Unit Size
1,659 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$114
Property Type
Multifamily
Property Taxes
$264
HOA Dues
-
Year Built
1922
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #71417129)
Price History
Property Highlights
Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen, Family Room), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Loft)
Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Gas Dryer
Flooring Type: Wood, Tile, Vinyl, Carpet, Unit 1(undefined), Unit 2(Hardwood Floors, Wall to Wall Carpet)
Laundry Features: Washer Hookup, Unit 1 Laundry Room
Rooms: 7
Basement: Full, Partial, Partially Finished, Walk-Out Access, Interior Entry, Garage Access
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 2 Family - 2 Units Side by Side
Stories (Total): 4
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Enclosed, Deck - Wood
Lead Paint: Unknown
Pool Features: Above Ground
Lot Size Area: 0.3
Lot Size Units: Acres
Lot Size Acres: 0.3
Zoning: res
Parcel Number: 1801554
Water Source: Public
Financial Details
Tax Assessed Value: $197,300
Tax Annual Amount: $3,169
Utilities Details
Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Gas Dryer, Washer Hookup
Cooling Type: Unit 2(Window AC)
Heating Type: Unit 2(Gas)
Sewer : Public Sewer
Location Details
Community Features: Shopping, Park, Medical Facility, Highway Access, House of Worship
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 |
|---|---|---|---|---|---|---|---|
|
08/01/2012
| |
3 Bed
|
2 Bath
|
1659 ft²
|
$189,900
3 Bed
2 Bath
1659 ft²
|
$189,900
12/06/2012
|
Aida Resendes
RE/MAX Traditions, Inc.
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017