$415,000
●
Multifamily -
Off Market
6 Reeves
Worcester, MA 01607
6 Beds
3 Baths
3,045 Ft²
$478,614
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Nicely maintained 3 unit building in Quinsigamond Village.
All units are 2 bedrooms. Unit 1&2 have showers
only in bathroom but also have pantries in the kitchen. Tenants
pays heat/hot water. Coin op laundry in the basement but
third floor has hook ups. Lead certificates on all units.
Water meter is submetered if new owner wants tenants to pay
the water bill. Close to Holy Cross, Mass Pike, Route 290,
146 and 20, Blackstone Mall and Walmart. Near area where
WooSox stadium is being built.
Unit Size
3,045 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$126
Property Type
Multifamily
Property Taxes
$362
HOA Dues
-
Year Built
1890
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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 #72764872)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Dec 7, 2020 | Listed by Media Realty LLC | $384,900 | |
| Listed by Media Realty LLC | |||
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Assigned, Paved
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Pantry, Lead Certification Available, Storage, Bathroom with Shower Stall), Unit 2(Pantry, Lead Certification Available, Storage, Bathroom with Shower Stall), Unit 3(Lead Certification Available, Storage, Bathroom With Tub), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Tile, Vinyl, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
Laundry Features: Laundry Room, Unit 3 Laundry Room
Rooms: 12
Has Fireplace
Fireplaces: 2
Basement: Full, Interior Entry, Concrete, Unfinished
Exterior Details
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
Patio and Porch Features: Porch
Lead Paint: Certified Treated
Lot Features: Level
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Zoning: RL-7
Parcel Number: 1772347
Water Source: Public
Financial Details
Tax Map Number: 10
Tax Assessed Value: $255,500
Tax Annual Amount: $4,344
Utilities Details
Utilities: for Gas Range
Cooling Type: Unit 1(None), Unit 2(None), Unit 3(None)
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Gas, Space Heater), Unit 3(Electric Baseboard)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Highway Access, University
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 |
|---|---|---|---|---|---|---|---|
|
12/07/2020
| |
6 Bed
|
3 Bath
|
3045 ft²
|
$384,900
6 Bed
3 Bath
3045 ft²
|
$415,000
+7.82%
03/05/2021
|
Sherri Way
Media Realty LLC
|
|
02/26/2008
| |
6 Bed
|
3 Bath
|
2850 ft²
|
$200,900
6 Bed
3 Bath
2850 ft²
|
$180,000
-10.40%
10/10/2008
|
Robert Ciccarelli
Ciccarelli Homes
|
|
12/16/2002
| |
6 Bed
|
-
|
2850 ft²
|
$289,000
6 Bed
-
2850 ft²
|
$293,000
+1.38%
08/11/2003
|
Michael Santana
Realty One Group Nest
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017