$191,900
●
Multifamily -
Off Market
53 Whipple Street
Worcester, MA 01607
7 Beds
3 Baths
2,973 Ft²
$358,688
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model
About This Property
Well kept triple decker unit in sought after location. First
floor unit is owner occupied. First floor layout has a bonus
bedroom to rear of unit which is a great spot for a nanny as it has
its own access door. In unit laundry on first floor, coin op
unit in basement for units 2 & 3. Updated wiring, electric
service plus replacement hot water heaters in 2012. Vinyl sided
with replacement windows for easy maintenance. Younger parlor
heaters with separate thermostats. Move in condition
building. Tenant on second floor requires some notice.
Unit Size
2,973 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$65
Property Type
Multifamily
Property Taxes
$287
HOA Dues
-
Year Built
1880
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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 #71633960)
Price History
Property Highlights
Parking Details
Parking Features: Common, Unpaved
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Vinyl, Carpet, Unit 1(undefined), Unit 2(Wall to Wall Carpet)
Rooms: 13
Basement: Full, Interior Entry, Concrete
Exterior Details
Security Features: Unit 1 Security System
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Zoning: Res
Parcel Number: 1772293
Water Source: Public
Financial Details
Tax Map Number: 10
Tax Assessed Value: $185,500
Tax Annual Amount: $3,447
Utilities Details
Utilities: for Gas Range
Heating Type: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, University, 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 |
|---|---|---|---|---|---|---|---|
|
02/16/2014
| |
7 Bed
|
3 Bath
|
2973 ft²
|
$191,900
7 Bed
3 Bath
2973 ft²
|
$191,900
05/07/2014
|
Linda Rankin
Property Investors & Advisors, LLC
|
|
11/18/2011
| |
6 Bed
|
3 Bath
|
2703 ft²
|
$114,000
6 Bed
3 Bath
2703 ft²
|
$107,000
-6.14%
03/21/2012
|
Melinda Titus
REMAX 300
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017