Active

150 Days on market

65 Lake Avenue #508 Worcester — Photo 1 of 42

Recent Drop: $10,000

$425,000

$415,000

Investment Analysis — 65 Lake Avenue #508

Worcester, MA 01604

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01604 carries an estimated $2,250/mo in gross rent — about a 1.87% cap rate and $7,741/yr in estimated NOI at the $415,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,498

Style

Condominium

Built

1988

Welcome Home Waterfront Lovers! Enjoy gorgeous lake views from your private balcony off the Living Room and Bedroom of the luxurious Lakeshore Condominiums. Lakeshore offers condo living at its best with amenities including pool, hot tub, patio with grills for Bar B Q's, community function room, exercise room, sauna, sun deck, boat slips and more! Enter from the inviting foyer with closets for coats & storage and ascend to the open concept dining/ living room. Sliding glass doors to balcony offer panoramic views from living room or the generous primary bedroom w/ walk in closet + a spacious spa-like bathroom is appointed with jacuzzi tub, shower & double sink vanity. A second bedroom, used as an office/den, and another full bath with the washer/ dryer completes additional space in the unit. Garage parking w/ elevator access to all floors, extra storage unit, secure entry, guest parking, stunning lakefront & conv. location to UMass, Shopping, Major routes makes this the perfect place to live. MOTIVATED SELLER!! Let's make this the "Deal of the Decade!!"

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 MLS and other third-party data may be inaccurate or out of date.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.