51 Randall Street
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2026 | Price Decreased |
$549,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Nov 6, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Nov 6, 2026 | Listed by Lamacchia Realty, Inc. | $569,000 | |
| Listed by Lamacchia Realty, Inc. | |||
| Oct 26, 2026 | Price Decreased |
$590,000
↓ $9K
(1.5%) | |
| Price Decreased | |||
| Sep 9, 2026 | Listed by Lamacchia Realty, Inc. | $599,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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A pool, hot tub, and fenced yard bring standout outdoor living to this Burncoat multifamily, while two distinct residences offer flexibility for owner-occupants and investors alike. The up/down configuration provides the opportunity to live in one unit while generating rental income, expand an investment portfolio, or combine personal use with long-term potential. The upper residence spans two levels and features a dining area, upgraded solid-surface counters, a walk-in closet, generous storage, a balcony/deck, and a fireplace. The lower residence offers convenient single-level living with hardwood and tile flooring, its own walk-in closet, additional storage, and a second fireplace. Ceiling fans and programmable thermostats add everyday comfort and functionality. Outside, the fenced yard is made for entertaining, recreation, and relaxing, with an above-ground pool, hot tub, deck, patio, and covered outdoor area. A paved driveway provides ample off-street parking, while insulated windows and doors add practical efficiency. A fully insulated walk up attic provides ample storage space! Set in Worcester’s Burncoat neighborhood, the property is conveniently located near Quinsigamond Community College, public transportation, shopping, parks, and major highways. With two separate living spaces, useful parking, and an outdoor setup that goes well beyond the typical multifamily, this property offers an appealing mix of investment flexibility and lifestyle appeal.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017