3 Ripley Pl Worcester, MA 01610

3 beds · 2 baths · 1,725 sq ft · Lot Size: 5,227 sq ft · Multi-Family Home (2 - 4 units) · Beacon Brightly
Est. Property Value: $358,895

High Demand Long-Term Rental

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

3 Ripley Pl is in the Beacon Brightly neighborhood of Worcester, MA. It is located in Worcester County and ZIP code 01610. This Multi-Family Home (2 - 4 units) was built in 1900 and is approximately 125 years old. The multi-family home (2 - 4 units) spans 1725 sq ft with 3 bedrooms and 2 bathrooms and sits on a 5227 sq ft lot. According to public records, it was sold for $175,000. The Beacon Brightly area of Worcester has 40 residential homes with an average size of 1596 sq ft. Analyze and compare real estate investment strategies for properties like this home at 3 Ripley Pl Worcester, MA 01610 with Property Intel by Whitepages.

3 Ripley Pl

Worcester, MA 01610

Neighborhood

Owners & Occupancy for 3 Ripley Pl

No contact information is available.

Occupancy

Resident 1*******
Resident 2********* age 34
Resident 3************* age 72

Property Financials for 3 Ripley Pl

3 Ripley Pl, Worcester, MA has no known mortgage. Worcester county annual taxes are $3,341.

Property Tax

Property Tax Amount$3,341 in 2024
Purchase Price$175,000

Investment Potential for 3 Ripley Pl

The property has a current estimated value of $358,895, which is 1% below the neighborhood median, based on public records. It last sold for $175,000. Projected long-term
is $43,800 annually ($3,650 per month) with a 90% occupancy rate.

Discover more Multi-Family Home (2 - 4 units)s in Beacon Brightly.
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Long-Term

Gross Rental
$43,800 per year($3,650 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
90%in 01610 zip code
 
View Rental Potential

Property Details for 3 Ripley Pl

Property Details

Property Sq Ft

Living Area

1,725 sq ft

8% above market

Lot Size

5,227 sq ft

50% above market

Price Per Sq Ft

Living Area

$208 / sq ft

1% below market

Lot Size Area

$69 / sq ft

1% below market

Property condition, age, exterior, etc. for 3 Ripley P…
Longitude: -71.814157 Latitude: 42.252479 Parcel Number (APN): WORC-000006-000034-000016…

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Discover more multi-family homes near 3 Ripley Pl in Worcester, Massachusetts. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 3 Ripley Pl in Worcester County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$358,895
$580,341
-$221,446 (-38%)
$******
$816,011
-$322,491 (-40%)
YoY Price Change
—
—
—
Year Built
1900
1910
-10 years
Living Space
1,725 sq ft
1,928 sq ft
-203 (-11%)
$ Per Living Sq Ft
$208
$284
-$76 (-27%)
Lot Size
5,227 sq ft
6,098 sq ft
-871 (-14%)
$ Per Lot Sq Ft
$69
$105
-$36 (-35%)

Net Operating Income
$*****
$29,812
$2,157 (7%)
Annual Revenue
$43,800
$43,800
$0 (0%)
$*****
$13,769
-$1,938 (-14%)
Net Operating Income
$*****
$29,812
$2,157 (7%)
Cap Rate
****%
4.52%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Multi-Family Home (2 - 4 units) Medians

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