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Worcester 01604 Grafton Hill
1 Elmire
$160,000
● House - Off Market

1 Elmire

Worcester, MA 01604
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,670 Ft²
$457,618
RealtyHop Estimate
183.35%
Since Feb 1, 2001
National-US
Primary Model

About This Property

SAME OWNERS FOR 49 YEARS.  PROPERTY HAS BEEN METICULOUSLY CARED FOR AND UPDATED.  TASTEFULLY DECORATED.  QUIET, TREE- LINED STREET NEAR PUBLIC TRANSPORTATION, SCHOOLS, SHOPPING, MEDICAL FACILITIES.  LANDSCAPED YARD. ALL WINDOW TREATMENTS
Unit Size
1,670 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$97
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
1917

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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 years ago (MLSPIN #30450707)

Price History

Date / Event Date Event Price
Nov 3, 2003 Sold
Premium
Sold
Aug 1, 2003 Listed by Barnard Real Estate $249,900
Listed by Barnard Real Estate
Jan 10, 2001 Sold
Premium
Sold
Oct 3, 2000 Listed by Barnard Real Estate $161,500
Listed by Barnard Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 836
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Total Building Area: 1,481
  • Gross Building Area: 2,730
  • Building Area: 1,481
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,481
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732302

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 18-039-19+20
  • Parcel: WORC M:18 B:039 L:19+20
  • Block: 39
  • Lot: 19+20
  • Municipality: WORCESTER
  • Latitude: 42.2569
  • Longitude: -71.7686

    Address

  • Full Address: 1 Elmire Ave
  • Address - House Number: 1
  • Address - Street Name: Elmire
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C021
  • 4-Digit Zip Code: 2323
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $469,200

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 403,344
  • High Value: 485,183
  • Low Value: 321,504

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,200
  • Assessed Land Value: $102,500
  • Assessed Improvements Value: $224,700

    Sales

  • Current Sale Recording Date: Nov 03, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00292715
  • Previous Sale Recording Date: Jan 10, 2001
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 27
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 Grafton Hill

Stats & Trends

Median Asking:

$449,950

Sale Price/ft²

$277

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1833 ft²

Average Home Age

65.1 years

Currently For Sale

24 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

Unit for rent at 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera
Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30450707

Frequently Asked Questions

When was property at 1 Elmire Avenue built and last sold?
The property at 1 Elmire Avenue was built in 1917 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 1 Elmire Avenue is $0.
What are some comparable homes to 1 Elmire Avenue?
There are currently no comparable homes to 1 Elmire Avenue.
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