1. Home
  2. Search
  3. Property Details
Advance Search
Clear All Close
Location
Property Type
Bedrooms
Price
Bathrooms
Parking
Date sold
Cap Rate
Historic growth
Average Rent
Square Feet
Advanced Search
Clear All Close
Location
Price
Date Rented
Property Status
Bedrooms
Bathrooms
Parking
Edit Assumptions:

Enter your expense and sales assumptions, and click apply to see impact on overall performance.

Close
INCOME
Expected Rent $0
EXPENSES
Operating Expenses $0
Net Operating Income $0
Total Unlevered Cash Flow $0
Total Net Cash Flow $
Reset to Default

Listing Price

$101,000
  • 1
  • 1
  • 721 Sq. Ft.
  • $ 140/per Sq. Ft.

10 Nuttall Ln, Worcester MA 01604

Neighborhood: Sunderland

Listing Price

$101,000
  • 1
  • 1
  • 721 Sq. Ft.
  • $ 140/per Sq. Ft.

View 4+ More

Curb View
Neighborhood Growth Rates

Property Description

Why rent!! Condo fee includes heat!! Very cute and clean condo. Spacious living room and dining area. One bedroom with two large closets . Renovated eat in kitchen with newer stainless steel appliances! Check out the barn door to the bathroom! This complex is just up the road from the new Polar Park and all that the booming Worcester downtown offers. It's quick to the highways , restaurants, UMass, Mass College of Pharmacy, Memorial Hospital, St. V's too! Paint and carpet are newer and neutral. Move right in! Quick closing! Lots of bang for the buck here!

Property Information:

  • 1
  • Off-Street
  • $1,315
  • 79840293

Condominium Information:

Condo/HOA Fee
  • Fee paid by all owners of a condominium complex to cover condominium maintenance expenses.
  • A list of what is included in the condo fee is listed under the Condominium Information tab.
  • Condo fee amount disclosed is stated by the property’s listing agent and is subject to change.
 $279
Condo Fee Includes:
  • Heat
  • Hot Water
  • Water
  • Sewer
  • Master Insurance
  • Exterior Maintenance
  • Road Maintenance
  • Landscaping
  • Snow Removal
  • Reserve Funds

Market Information:

  • Listing Date 6/1/2021
  • Days on the Market 5 Days
  • Status Active
  • Listing Brokerage N/A
  • Listing Agent N/A
Schedule a Tour
Ask For More Info
$101,000
Custom
$ 829
Custom
Monthly Loan Payment$ 0
View Advanced Assumptions
Market statistics for 01604
Year 1Year 3Year 5
Rent
  • The amount the property is estimated it can be rented for, per month.
 		$9,948 ($829/mo)$10,870 ($906/mo)$11,532 ($961/mo)
Vacancy Loss
  • The percentage of a year the property remains vacant and is not collecting rent.
  • For example, if the property is vacant in between tenants.
  • Default assumption is 5% (which is about 18 days).
 		$497$544$577
Property Taxes
  • Tax on the property, based on the assessed value by the city.
  • Property tax amount disclosed is typically for the previous year, as stated by the property’s listing agent.
 		$1,315$1,395$1,452
Property Management
  • The cost of a third-party that is hired to manage the property.
  • The cost can either be a percentage of rent or a fixed amount.
  • The default is that there is no property manager hired.
 		$0$0$0
Leasing Fees
  • Fees paid by the landlord to brokers to rent the property.
  • Default is that the tenant pays the broker fees, not the landlord.
 		$0$0$0
Condo Fees
  • Fee paid by all owners of a condominium complex to cover condominium maintenance expenses.
  • A list of what is included in the condo fee is listed under the Condominium Information tab.
  • Condo fee amount disclosed is stated by the property’s listing agent and is subject to change.
 		$3,348$3,553$3,696
Insurance
  • Homeowners insurance for your property.
  • Occasionally, insurance is included in the condo fees.
 		$0$0$0
Repair & Maintenance (Reserves)
  • The cost incurred on routine work done to maintain the property’s current conditions.
  • For example, general repairs such as replacing light bulbs, painting touchups, landscape, changing locks, professional cleaning.
  • Repairs and Maintenance are to maintain the current value, not to improve it.
  • Kitchen or bathroom renovations do not fall under Repairs and Maintenance, but are considered Capital Expenditures, since they improve the property’s value.
 		$0$0$0
Net Operating Income
  • Net Operating Income (NOI) is a metric used to calculate the operating cash flow of a property, without taking any loans or major capital improvements into consideration.
  • Think of it simply as rental revenue minus expenses.
  • For the purposes of this calculation, NOI is calculated by Estimated Rent minus Condo Fees and Taxes.
  • A more detailed version of NOI can be calculated in the Advanced Assumptions tab, and viewed in the financials tab
 		$4,788 ($399/mo)$5,379 ($448/mo)$5,808 ($484 / mo)
Capital Expenditure
  • The cost incurred for work done to improve or upgrade the property.
  • Capital expenditures increase the value of the property.
  • For example, new appliances, kitchen or bathroom renovations, new roof, new flooring.
 		$0$0$0
Total Unlevered Cash Flow
  • This is the first year net cash flow, representing the estimated rental revenue, minus tax, operating expenses and loan payments based on lending assumptions.
  • Click “View Detailed Analysis” for a further breakdown on assumptions.
 		$4,788$5,379$5,808
Loan Payment
  • The amount in cash that is paid initially when purchasing a property, specifically with a loan.
  • The down payment amount is used to calculate your initial investment and projected returns.
 		$0$0$0
Total Net Cash Flow
  • This is the first year net cash flow, representing the estimated rental revenue, minus tax, operating expenses and loan payments based on lending assumptions.
  • Click “View Detailed Analysis” for a further breakdown on assumptions.
 		$4,788 ($399/mo)$5,379 ($448/mo)$5,808 ($484/mo)
Sale of Property
Sale Price
  • The price at which you project selling the property for.
 		---
Sales Cost
  • Brokerage commission the seller must pay for upon sale.
 		---
Net Sales Proceed
  • Sales Price minus Sales Costs.
 		---
Total Profit (including Net Cash Flows)
  • Net Sales Proceeds minus purchase price plus all of the total net cash flows until sale.
 		---
Investment Metrics
Cap Rate
  • Estimated rate of return for the property, excluding loan costs.
  • Based on year 1 estimate.
  • Cap rate=Net Operating Income/Purchase price
 		---
Cash On Cash
  • Estimated rate of return for just the cash that invested into the property.
  • It is the net cash flow (rental revenue minus operating expenses and loan expenses) divided by how much cash is invested in the property (the down payment).
 		---
Total Return On Investment(ROI)
  • A rate of return, comparing the total profit from the rent and sale of the property, to the total cash invested
  • ROI= Total Net Cash Flow + (Property Sale Price – Sales Costs) – Down payment/Down payment
 		---
Internal Rate Of Return(IRR)
  • An average annualized rate of return on your total invested cash, sometimes also called annualized ROI.
  • Like ROI, it takes into account the property’s cash flow, property value appreciation upon sale, and paying down the loan balance. However, it is the average rate of return over the course of your hold
 		---
Rent$9,948 ($829/mo)
Vacancy Loss$497
Property Taxes$1,315
Property Management$0
Leasing Fees$0
Condo Fees$3,348
Insurance$0
Repair & Maintenance (Reserves)$0
Net Operating Income$4,788 ($399/mo)
Capital Expenditure$0
Total Unlevered Cash Flow$4,788
Loan Payment$0
Total Net Cash Flow$4,788 ($399/mo)
Sale of Property
Sale Price-
Sales Cost-
Net Sales Proceed-
Total Profit (including Net Cash Flows)-
Investment Metrics
Cap Rate-
Cash On Cash-
Total Return On Investment(ROI)-
Internal Rate Of Return(IRR)-
Rent$10,870 ($906/mo)
Vacancy Loss$544
Property Taxes$1,395
Property Management$0
Leasing Fees$0
Condo Fees$3,553
Insurance$0
Repair & Maintenance (Reserves)$0
Net Operating Income$5,379 ($448/mo)
Capital Expenditure$0
Total Unlevered Cash Flow$5,379
Loan Payment$0
Total Net Cash Flow$5,379 ($448/mo)
Sale of Property
Sale Price-
Sales Cost-
Net Sales Proceed-
Total Profit (including Net Cash Flows)-
Investment Metrics
Cap Rate-
Cash On Cash-
Total Return On Investment(ROI)-
Internal Rate Of Return(IRR)-
Rent$11,532 ($961/mo)
Vacancy Loss$577
Property Taxes$1,452
Property Management$0
Leasing Fees$0
Condo Fees$3,696
Insurance$0
Repair & Maintenance (Reserves)$0
Net Operating Income$5,808 ($484/mo)
Capital Expenditure$0
Total Unlevered Cash Flow$5,808
Loan Payment$0
Total Net Cash Flow$5,808 ($484/mo)
Sale of Property
Sale Price-
Sales Cost-
Net Sales Proceed-
Total Profit (including Net Cash Flows)-
Investment Metrics
Cap Rate-
Cash On Cash-
Total Return On Investment(ROI)-
Internal Rate Of Return(IRR)-
Modify Assumptions
Back To Search Results

Below are similar properties that have sold in the area approximately.

Customize Search
Date sold
Price
Property Type
Bathrooms
Cap Rate
Historic growth
$100 to $10,000
Average Rent
$100 to $10,000
Square Feet
100 sqft to 50,000 sqft
Parking
Apply
Clear All
View More

Below are similar properties that were rented in the are.

Customize Search
Rental Date
Price
Bathrooms
Property Status
Parking
Apply
Clear All
View More