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Worcester 01602 West Tatnuck
1 Bainridge Rd
$415,000
● House - Off Market

1 Bainridge Rd

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,392 Ft²
$383,568
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

*MULTIPLE OFFERS RECEIVED.  Please submit highest and best by Tuesday, March 14th at 5 PM.*A picture perfect ranch on Worcester's west side that has been lovingly cared for by the same owners for over 40 years! Offering the ease of one level ranch living, this home boasts an open floor plan that includes kitchen, dining and living areas. Economical natural gas cooking and heat, a gas heating fireplace, central A/C and gorgeous perennial landscaping add to the appeal! A new roof was done in 2021, Heating and A/C in 2010.  Charming and sweet, don't miss your opportunity to move into this home this spring and enjoy watching the flowers bloom!  Despite being close to the airport, this home is not under the flight path and is not disturbed by takeoffs and landings.
Unit Size
1,392 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$271
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73081925)

Price History

Date / Event Date Event Price
Apr 26, 2023 Sold
Premium
Sold
Mar 16, 2023 In contract -
In contract
Mar 8, 2023 Listed by Avenue Real Estate $377,000
Listed by Avenue Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,392
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,640
  • Total Building Area: 1,392
  • Gross Building Area: 3,120
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730700

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 47-014-00018
  • Parcel: WORC M:47 B:014 L:00018
  • Block: 14
  • Lot: 18
  • Municipality: WORCESTER
  • Latitude: 42.2792
  • Longitude: -71.8761

    Address

  • Full Address: 1 Bainridge Rd
  • Address - House Number: 1
  • Address - Street Name: Bainridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C020
  • 4-Digit Zip Code: 2211
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $495,400

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 429,818
  • High Value: 510,015
  • Low Value: 349,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,500
  • Assessed Land Value: $102,700
  • Assessed Improvements Value: $242,800

    Sales

  • Current Sale Contract Date: Apr 26, 2023
  • Current Sale Recording Date: Apr 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31590
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Tatnuck

Stats & Trends

Median Asking:

$475,900

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2090 ft²

Average Home Age

42 years

Currently For Sale

20 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73081925

Frequently Asked Questions

When was property at 1 Bainridge Road built and last sold?
The property at 1 Bainridge Road was built in 1950 and last sold on Apr 26, 2023 for $415,000.
How much is this home worth?
The estimated value of the home located at 1 Bainridge Road is $384,257.
What are some comparable homes to 1 Bainridge Road?
There are currently no comparable homes to 1 Bainridge Road.
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