Investment Analysis — 31 Esther St

Worcester, MA 01604

Based on rent reported on the MLS listing, a 3-unit multi-family in 01604 carries $6,000/mo in gross rent — about a 6.84% cap rate and $46,466/yr in estimated NOI at the $679,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,210

Style

3 Family

Built

1910

This is the one you've waited for. Totally renovated top to bottom, finest materials used. New heating, electrical, floors, walls, kitchens, bathrooms. Nothing to do except generate income. Fenced yard, great location near highways, offstreet parking, spacious rooms. Enclosed back porches, clean spacious basement. 1st and 2nd floors currently on leases. Great tenants. 3rd floor recently vacant, easy to show. 1st and 2nd floor shown upon accepted offer. All 3 floors similar in looks.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.