What is the estimated cap rate for 3 Aetna Street, Worcester, MA 01604?

Based on rent reported on the MLS listing, 3 Aetna Street, Worcester, MA 01604 (3 units) has an estimated 1.10% cap rate at its $749,000 list price, assuming $1,900/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 3 Aetna Street, Worcester, MA 01604?

The MLS listing reports about $1,900/month in total rent for a 3-unit multi-family in 01604. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

11 Days on market

3 Aetna Street Worcester — Photo 1 of 40

$749,000

Investment Analysis — 3 Aetna Street

Worcester, MA 01604 — Union Hill

Based on rent reported on the MLS listing, a 3-unit multi-family in 01604 carries $1,900/mo in gross rent — about a 1.10% cap rate and $8,271/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,690

Style

3 Family

Built

1909

Great opportunity to own a well-maintained 3-family in Worcester. Each unit offers 3 bedrooms, an eat-in kitchen, separate utilities and laundry hookups. The first and second floor units are vacant and ready for new tenants, with recent updates including fresh paint, new flooring, updated appliances and refreshed bathrooms. The third floor is occupied by a solid longtime tenant. Additional features include a younger rubber roof, large driveway with plenty of off-street parking, a detached 2-car garage with potential for future ADU use, and a small backyard. Conveniently located near Worcester Academy, Polar Park, shopping, restaurants and major routes. A great option for investors or owner-occupants!

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 MLS and other third-party data may be inaccurate or out of date.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

Financials

Original Price$749,000

Annual Taxes$9,057

Parking

Garage2

Off-Street6

Interior Specifications

Total Rooms15

FireplacesNone

FlooringLaminate, Hardwood

BasementUnfinished

Climate & Utilities

Heating--

Cooling--

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofRubber

FoundationStone

ZoningRES

Property & Lot

Acres0.12

SqFt Lot5,250

Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Listing Provided By

Listing Agent: Michael Tinsley

Listing Office: Longwood Residential, LLC

MLS® Number: 73571146