160 Otis St #C1-9 Northborough — Photo 1 of 12
$325,000
Investment Analysis — 160 Otis St #C1-9
Northborough, MA 01532
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01532 carries an estimated $2,380/mo in gross rent — about a 4.87% cap rate and $15,832/yr in estimated NOI at the $325,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
1
SqFt
1,316
Style
Other
Built
2005
Bring your business to its new home with this commercial condo unit. Conveniently located just off Route 9, this warehouse unit offers over 1300 sq ft of high-ceilinged space plus an office and half bath. Sturdy prefab metal construction is equipped with an overhead door and fire alarm. 2 parking spaces in large lot plus space for at least 2 vehicles inside warehouse. Condo fee is $205 /month or $615 quarterly. Includes snow plow, landscaping and reserves.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Patrick Arena
Listing Office: Better Living Real Estate, LLC
MLS® Number: 73551410
