$351,000
●
Multifamily -
Off Market
51 Marjorie
Worcester, MA
3 Beds
2 Baths
1,728 Ft²
$367,759
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Tucked away on a peaceful dead-end street in the heart of
Worcester, this charming two-family awaits an enterprising investor
or owner occupant. This well-maintained property offers an
attractive opportunity to live with family, help pay the mortgage
or rent for income in up-and-coming Worcester, in a quiet
neighborhood situated near area attractions, local businesses and
nearby major highways. Upper level unit offers two bedrooms, large
living room and in-unit washer/dryer hookup. Lower level features
ample natural lighting from all four walls, updated granite
countertops and newer wall to wall carpeting. Pergola-shaded patio
offers a peaceful respite for outdoor enjoyment. Utilities have
been separated for low-maintenance management.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$197
Property Type
Multifamily
Property Taxes
$258
HOA Dues
-
Year Built
-
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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 #72921276)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2022 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Listed by eXp Realty | $340,000 | |
| Listed by eXp Realty | |||
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Other (See Remarks), Unit 1(Ceiling Fans, Bathroom With Tub & Shower), Unit 2(Stone/Granite/Solid Counters, Upgraded Countertops, Bathroom With Tub & Shower, Open Floor Plan), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Vinyl, Carpet, Varies Per Unit, Laminate, Unit 1(undefined), Unit 2(Wall to Wall Carpet)
Laundry Features: Washer Hookup, Unit 1(Washer & Dryer Hookup)
Rooms: 9
Basement: Full, Finished, Walk-Out Access
Exterior Details
Property Condition: Unit 2 Remodeled
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 2 Family - 2 Units Up/Down
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Covered
Lead Paint: Unknown
Lot Features: Corner Lot, Easements
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: RL-7
Parcel Number: 38/ 010/ 00064/ /, 1796532
Water Source: Public
Financial Details
Tax Assessed Value: $190,300
Tax Annual Amount: $3,098
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Hot Water Baseboard, Oil), Unit 2(Hot Water Baseboard, Oil)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School, University
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017