What is the estimated cap rate for 16 Dartmouth St, Worcester, MA 01604?

Based on rent reported on the MLS listing, 16 Dartmouth St, Worcester, MA 01604 (2 units) has an estimated 5.76% cap rate at its $575,000 list price, assuming $4,400/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 16 Dartmouth St, Worcester, MA 01604?

The MLS listing reports about $4,400/month in total rent for a 2-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

29 Days on market

16 Dartmouth St Worcester — Photo 1 of 21

$575,000

Investment Analysis — 16 Dartmouth St

Worcester, MA 01604

Based on rent reported on the MLS listing, a 2-unit multi-family in 01604 carries $4,400/mo in gross rent — about a 5.76% cap rate and $33,099/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,422

Style

Multi Family

Built

1900

Multiple Offers~ Highest & Best Monday @ 5pm ~ Don’t Miss Out on This Incredible Two-Family Home! Offered for the FIRST TIME IN 40+ YEARS, this lovingly cared-for property is a fantastic opportunity for an owner occupant or investor!!! Features You’ll Love ~ New Roof to be installed Prior to Closing ~Two spacious units, each with 3 bedrooms ~ Large living & dining rooms ~ Spacious, cabinet-packed eat-in kitchens ~ Laundry area/closet ~ Replacement windows ~ Updated water heaters ~ Fenced-in yard ~ Off-street parking for 4 cars ~ Walk-up to the third floor ~ Commuter-Friendly Location! Just minutes to I-290, I-495, Route 146, Route 20 & the Mass Pike! ~ When you’re ready to enjoy the city, you’re close to everything Worcester has to offer — multiple colleges, the WooSox, Worcester Railers, Worcester Art Museum, EcoTarium, Shrewsbury Streets Restaurant Row, entertainment & so much more!

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$575,000

Annual Taxes$7,029

Parking

Garage0

Off-Street4

Interior Specifications

Total Rooms12

FireplacesNone

Flooring--

BasementFull, Sump Pump, Dirt Floor, Concrete

Climate & Utilities

Heating--

Cooling--

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationGranite

ZoningRG-5

Property & Lot

Acres0.14

SqFt Lot6,000

Lot Features--

Amenities & Appliances

Range • Refrigerator • Washer • Dryer • Microwave

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • House of Worship • Public School

Geography

Listing Provided By

Listing Agent: Colleen Griffin

Listing Office: RE/MAX Vision

MLS® Number: 73564779