Overview Property Details Payment Calculator Walkability

Closed

311 Lovell St, Worcester MA 01602

$635,000

Estimated $1,503.32/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $211,666.67

Total Rent: 58800/year

Estimated CAP Rate: 8.36%

7 Bedrooms

3 Full Baths

3,215 SqFt

Total Parking: 5 (1 Garage)

7,750 SqFt

Location, Location, Location. Well maintained beautiful three family. Move in condition. Great opportunity for an owner occupant or investment. Roof is 4 year old and heat system for the first floor is 1 year old. Fenced backyard and nice garage. Rents are below market. Few ...

This home has been viewed 35 times

Last Checked: May 7th, 2024 at 1:56am (Source: MLS PIN #73064683)

Gross Income: $58,800

Gross Expenses: $5,683

Net Income Calc: $53,117

CAP Rate: 8.36%

Annual Expenses for 311 Lovell St, Worcester MA 01602

Total Gross Expenses (Calculated)$5,683/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,683.98

Annual Income & Unit Breakdown for 311 Lovell St, Worcester MA 01602

Total Gross Income (Calculated)$58,800

Unit 1

Rental Income$1,800

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,600

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent Includes

General Information for 311 Lovell St, Worcester MA 01602

Listing ID73064683

Property TypeMulti Family / 3 Family

Price$635,000 ($197.51/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,215 SqFt

Approximate Lot Size (Acres)0.18 acres

Total Parking5 (1 Garage)

Garage Parking1 / Detached

Year Built1908

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRes

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 311 Lovell St, Worcester MA 01602

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$58,800

Total Net Income By Broker$58,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 311 Lovell St, Worcester MA 01602

Real Estate Taxes$5,683.98

Tax Year2022

Assessed Value$373,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$58,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$58,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.36%

Location Information for 311 Lovell St, Worcester MA 01602

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 311 Lovell St, Worcester MA 01602

Agent

Name: Benilton C. Silva

MLS ID: NB111028

Office ID: AN2062

National Association ID: 448553463

Address: 65 First Street

City: Malden

State: MA

Zip: 02148

Office

Name: Benny's Realty Group

MLS Office ID: AN2062

Phone: 617-817-1024

Payment Calculator

$4,386.34 per month

30 Years Fixed, 6.75% Interest

Property Taxes $473.67

Principal & Interest $3,912.67

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Benny's Realty Group

Benilton C. Silva

Agent Phone

Office Phone

(617) 817-1024

Text Agent Call Agent Call Office

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)

EXIT

Closed

311 Lovell St, Worcester MA 01602

$635,000

Annual Expenses for 311 Lovell St, Worcester MA 01602

Annual Income & Unit Breakdown for 311 Lovell St, Worcester MA 01602

General Information for 311 Lovell St, Worcester MA 01602

Disclosures for 311 Lovell St, Worcester MA 01602

Financial Information for 311 Lovell St, Worcester MA 01602

Location Information for 311 Lovell St, Worcester MA 01602

Contact Information for 311 Lovell St, Worcester MA 01602

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Benny's Realty Group

Benilton C. Silva