$655,000
●
Multifamily -
Off Market
62 Raymond St
Worcester, MA 01607
6 Beds
3 Baths
2,958 Ft²
$617,071
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
MULTIPLE OFFERS . ALL OFFERS DUE TUESDAY MAY 17, 2022
3PM.This is the one !! Completely renovated 3 family !!! This
would be an excellent opportunity an investor or owner occupant.
Conveniently located off Rt 146 and only few minutes from Union
Station and The Shops at Blackstone Valley ( movie theater ,
restaurants & shopping center ) . Desirable Worcester location with
easy access to MA Pike and I-290 . Each apartment features 2
bedrooms , living room , kitchen , porch and bath . New Lifeproof
vinyl flooring , high ceilings , large bedrooms, plenty of closet
space and tons of natural light . Certified lead compliant
certificates in hand!!! All new appliances , windows , cabinets ,
heating system and hot water tanks . Coin ops in basement for
little extra income !! Great backyard for barbecues and gatherings
. Turn key property !!!
Unit Size
2,958 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$206
Property Type
Multifamily
Property Taxes
$443
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 #72978837)
Price History
Property Highlights
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available), Unit 3(Lead Certification Available), 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), Electric Water Heater, Utility Connections for Gas Range
Flooring Type: Wood
Rooms: 15
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Patio and Porch Features: Porch
Lead Paint: Certified Treated
Lot Features: Corner Lot
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Zoning: RG-5
Parcel Number: M:10 B:004 L:00002, 1771700
Water Source: Public
Financial Details
Tax Assessed Value: $349,200
Tax Annual Amount: $5,311
Utilities Details
Utilities: for Gas Range
Sewer : Public Sewer
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 |
|---|---|---|---|---|---|---|---|
|
05/10/2022
| |
6 Bed
|
3 Bath
|
2958 ft²
|
$610,000
6 Bed
3 Bath
2958 ft²
|
$655,000
+7.38%
06/10/2022
|
Javier Velez
Keller Williams Realty Greater Worcester
|
|
05/13/2019
| |
6 Bed
|
3 Bath
|
2958 ft²
|
$199,900
6 Bed
3 Bath
2958 ft²
|
$200,000
+0.05%
06/28/2019
|
Michael Moylan
Vylla Home
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017