$370,000
●
Condo -
Off Market
9 Gates Rd #A
Worcester, MA 01603
2 Beds
2 Baths,
1
Half Bath
1,320 Ft²
$2,047
Est. Monthly
5.67%
Cap Rate
About This Property
OPEN HOUSE CANCELED. OFFER ACCEPTED. Welcome Home to
this fabulous 2 bedroom, 1.5 bath, 1,320 square foot corner lot
unit town house. Step inside and walk up the stairs into an open
concept living room with fireplace and dining room. Access via the
dining room slider to the back deck or to the beautifully renovated
kitchen. An updated half bathroom completes this floor. Upstairs
you will find 2 spacious bedrooms with wall-to-wall carpet and an
updated full bathroom. Walk-in closets in bedrooms. The
first floor basement features a finished bonus room, laundry room
and garage access. The 2 unit town home has no condo fees!
Convenient to the highway, shopping, walking trails and area
amenities. Move in ready! This could be the one for
you!
Unit Size
1,320 Ft²
Days on Market
-
Land Size
-
Price per sqft
$265
Property Type
Condo
Property Taxes
$328
HOA Dues
-
Year Built
1998
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Cap Rate Calculator
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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: 3 years ago (MLSPIN #73186092)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2024 | Sold | ||
| Sold | |||
| Dec 14, 2023 | In contract | - | |
| In contract | |||
| Dec 8, 2023 | Listed by Keller Williams Realty North Central | $350,000 | |
| Listed by Keller Williams Realty North Central | |||
| Aug 27, 2019 | Sold | ||
| Sold | |||
| Jul 8, 2019 | Listed by 1 Worcester Homes | $239,900 | |
| Listed by 1 Worcester Homes | |||
| | |||
|
Amazing remodel located in the heart of Worcester. Great location with easy access to highways and shopping. This newly renovated property is move-in ready and features new granite counter tops & cabinets, new wall to wall carpeting on the second floor, new laminate wood floors in the kitchen, dining room and living room. All the big-ticket items needing done are complete. Exterior Freshly Painted! You'll find a rear deck for entertaining as well as an attached garage. Act now and you can enjoy the rest of the Summer in a beautiful remodeled home! No condo fees. Don't miss out on all that Worcester has to offer with redevelopment of downtown, Harding Green, Kelley Square and the coming Baseball Stadium! Get in now! Based on activity and feedback there will be a deadline for offers by Friday, July 12th at 4:00 pm.
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Interior Details
Level: Second
Width: 11
Length: 12
Features: Flooring - Laminate, Countertops - Stone/Granite/Solid
Area: 132
Level: Third
Area: 66
Width: 6
Features: Bathroom - Full, Bathroom - With Tub & Shower
Length: 11
Area: 20
Features: Bathroom - Half
Length: 5
Level: Second
Width: 4
Level: Third
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Width: 10
Length: 14
Area: 140
Width: 11
Features: Flooring - Laminate
Length: 12
Level: Second
Area: 132
Length: 23
Level: Second
Area: 368
Features: Flooring - Laminate
Width: 16
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Third
Length: 17
Width: 12
Area: 204
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Bonus Room
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Utility Connections for Electric Range
Flooring Type: Carpet, Hardwood, Flooring - Wall to Wall Carpet
Laundry Features: Flooring - Laminate, First Floor, In Unit
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual, Renovated Since
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Conventional (2x4-2x6)
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RS-7
Parcel Number: M:42 B:038 L:0012L, 1800202
Water Source: Public
Financial Details
Tax Assessed Value: $274,200
Tax Annual Amount: $3,932
Utilities Details
Utilities: for Electric Range
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, University
Complex is Completed
Management: No Management
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 |
|---|---|---|---|---|---|---|---|
|
12/08/2023
|
2 Bed
|
2 Bath
|
1320 ft²
|
$350,000
2 Bed
2 Bath
1320 ft²
|
$370,000
+5.71%
02/28/2024
|
Minh Voduy
Thread Real Estate, LLC
| |
|
07/08/2019
|
2 Bed
|
2 Bath
|
1300 ft²
|
$239,900
2 Bed
2 Bath
1300 ft²
|
$239,900
08/27/2019
|
Brittany Preston
1 Worcester Homes
| |
|
05/28/2010
|
2 Bed
|
1 Bath
|
1212 ft²
|
$175,900
2 Bed
1 Bath
1212 ft²
|
-
-
|
David Delaney
David R. Delaney, Esq.
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017