What is the estimated cap rate for 273-279 Grafton St, Worcester, MA 01604?

Based on rent reported on the MLS listing, 273-279 Grafton St, Worcester, MA 01604 (10 units) has an estimated 7.17% cap rate at its $1,895,000 list price, assuming $17,400/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 273-279 Grafton St, Worcester, MA 01604?

The MLS listing reports about $17,400/month in total rent for a 10-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

2 Days on market

273-279 Grafton St Worcester — Photo 1 of 22

$1,895,000

Investment Analysis — 273-279 Grafton St

Worcester, MA 01604

Based on rent reported on the MLS listing, a 10-unit multi-family in 01604 carries $17,400/mo in gross rent — about a 7.17% cap rate and $135,948/yr in estimated NOI at the $1,895,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

10,000

Style

5-9 Family

Built

1900

Amazing investment opportunity in the heart of the city! This property offers 7 residential units and 3 office/retail units. Located at 273–279 Grafton Street in Worcester, this mixed-use property combines residential apartments with street-level commercial space, offering multiple sources of rental income. Its prominent streetscape presence and versatile layout make it an appealing opportunity for investors seeking to expand their portfolio. Bring your vision and capitalize on the potential of this Worcester investment. Excellent Cap rate. Great location less than 1/2 mile away from the Canal District, Polar Park, endless dining options of Shrewsbury St, and Saint Vincent's hospital. Easy, quick access to 290 as well as the MA Pike, Route 146, and public transportation.

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$1,895,000

Annual Taxes--

Parking

Garage0

Off-Street5

Interior Specifications

Total Rooms25

FireplacesNone

FlooringVinyl / VCT

BasementFull

Climate & Utilities

Heating--

Cooling--

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationStone

ZoningMG-2

Property & Lot

Acres0.1

SqFt Lot4,186

Lot FeaturesCleared

Geography

Listing Provided By

Listing Agent: Joseph Cali

Listing Office: Cali Realty Group, Inc.

MLS® Number: 73578643