6 Worcester St
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 |
|---|---|---|---|
| Oct 15, 2018 | Sold | ||
| Sold | |||
| Sep 6, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $165,000 | |
| Listed | |||
| | |||
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It's the project you've been waiting for! Desirable in-town location. Property needs extensive renovations throughout; serious and experienced investors only, please. Commercial zoning offers many possibilities. Perfect for a single family flip or explore a multi family or mixed use conversion. Water supply line from street to house was recently replaced but not connected. Property is winterized. System will not be pressurized prior to closing. Extensive past termite damage in basement with many temporary supports in place (see pictures). Building offers nearly 4,000 sqft of living space. 1st and 2nd floor each have laundry hookups, living rooms and full baths. Attached 2 story barn requires extensive rehab, or tear down for additional parking. Now is the time to capitalize on the hot Grafton market! Become a part of the bustling center-of-town community just steps from the town common. BIG opportunity, big reward for a savvy and creative buyer! Sold "as is". Bring all offers. The manager has listed the unit size as 3936 square feet.
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| Apr 11, 2018 | Listed by Keller Williams Realty Greater Worcester | $165,000 | |
| Listed by Keller Williams Realty Greater Worcester | |||
| Oct 31, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017