$409,000
●
House -
Off Market
521 Massasoit Road
Worcester, MA 01604
5 Beds
2 Baths,
1
Half Bath
3,401 Ft²
$727,237
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
Stunning custom home built with entertaining and artwork in mind!
This home is one of a kind with spacious rooms, 18 foot
ceilings and an antique chandelier made for a castle. The grand
main room features a gas fireplace, radiant heated gleaming
hardwood floors, double french doors that open to the deck. The
open concept kitchen has a bar that can seat 6, rare rain-forest
green granite counter tops, and stainless GE appliances. Above is
the balcony, family room/game room and 2 bedrooms (currently used
as an office and massage room). Down the hall you will find the
master bed room fit for a king! The walk-in shower is a must see! 2
more guest bedrooms and a full bath finish the main level. The back
yard has an in-ground pool with expansive patio space around
it, a large multi level deck, basketball court and 3 set of french
doors to the full 2000 sq foot walk-out basement. The basement is
not finished but has very high ceilings and was designed to be a
bar, game room and gym
Unit Size
3,401 Ft²
Days on Market
-
Land Size
1.17 acres
Price per sqft
$126
Property Type
House
Property Taxes
$620
HOA Dues
-
Year Built
2006
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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 months ago (MLSPIN #71988645)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2024 | No longer available | - | |
| No longer available | |||
| Apr 1, 2024 | Delisted | - | |
| Delisted | |||
| Dec 15, 2023 | In contract | - | |
| In contract | |||
| Nov 27, 2023 | Listed by Lamacchia Realty, Inc. | $769,900 | |
| Listed by Lamacchia Realty, Inc. | |||
| | |||
|
Welcome to your dream contemporary home, where luxury & sophistication meet to create the perfect oasis for modern living. This stunning property boasts a striking design, complete w/ soaring 18-ft ceilings that provide natural light & give a sense of openness and grandeur. This architectural gem is a testament to modern design, featuring clean lines, sleek finishes, & a thoughtfully planned layout. The well-appointed kitchen features high-end appliances, sleek countertops, & an open concept layout that flows seamlessly into the living areas, making it an ideal for entertaining. The finished lower level offers addt’l living space that can be tailored to your needs, whether you desire a home theater, game room, In-law, AirBNB, or fitness area. Enjoy outdoor living w/ a large backyard, perfect for barbecues & relaxation. The poolside area is ideal for entertaining, complete w/ a patio & beautiful landscaping. Close to shopping, dining, and all the conveniences of modern life!
| |||
| Jul 14, 2016 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
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