56 Edgeworth #16 Worcester — Photo 1 of 26
$230,000
Investment Analysis — 56 Edgeworth #16
Worcester, MA 01605
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01605 carries an estimated $2,130/mo in gross rent — about a 6.63% cap rate and $15,247/yr in estimated NOI at the $230,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
745
Style
Condominium
Built
1986
Are you looking for a two (2) bedroom affordable condo, with low monthly fee ($231) in Worcester? THIS is IT! Just painted throughout, carpets cleaned and other repairs and updates done. The kitchen greets with attractive white cabinets, new fridge & stove as well as newer coordinated counter top. From the living room a slider with new blinds opens to a balcony for wonderful fresh air. Patio will have fresh stain as soon as the humidity drops. PLUS, there is laundry in the condo! Convenient four zone heat allows you to heat the rooms you are using. Very efficient. Never enough storage. Additional storage provided in the building. With these many desirable features, it will not last long.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Dishwasher • Disposal • Microwave • Refrigerator • Dryer • Washer/Dryer
Neighborhood
Public Transportation • Shopping • Medical Facility • Highway Access • House of Worship • Private School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wall to Wall Carpet, Balcony - Exterior, Exterior Access, Slider
Kitchen
Lvl Main,FirstFlooring - Vinyl, Pantry, Countertops - Upgraded, Dryer Hookup - Electric, Washer Hookup, Lighting - Overhead
Master Bedroom
Lvl FirstCloset, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstListing Agent: Jeri Baily
Listing Office: Coldwell Banker Realty - Worcester
MLS® Number: 73566868