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Worcester 01606 Indian Lake East
1 Loring St
$230,000
● House - Off Market

1 Loring St

Worcester, MA 01606
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,713 Ft²
$333,332
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Terrific opportunity to own this beautiful 4 bedroom, 3 bath home in the Greendale area! Enter into the bright & sunny living room complete with built-in shelving unit adding tons of character! Large Kitchen features plenty of cabinet space, dining area & access to the 3 season porch. Finished basement provides additional living space – most recently being used as an extra bedroom. Enjoy the warmer days sitting on the deck overlooking Worcester, and a spacious back yard with plenty of room for gardening or outdoor activities! 1 car attached garage provides additional storage space. Close to all major routes!
Unit Size
1,713 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$128
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1913

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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 #72285420)

Price History

Date / Event Date Event Price
Sep 24, 2021 Sold
Premium
Sold
Jul 22, 2021 Listed by Lamacchia Realty, Inc. $349,999
Listed by Lamacchia Realty, Inc.
Jun 6, 2018 Sold
Premium
Sold
Feb 24, 2018 Listed by Lamacchia Realty, Inc. $219,900
Listed by Lamacchia Realty, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 4
  • 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: 875
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,150
  • Total Building Area: 1,713
  • Gross Building Area: 3,609
  • Building Area: 1,713
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,713
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730500

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 13-020-00042
  • Parcel: WORC M:13 B:020 L:00042
  • Block: 20
  • Lot: 42
  • Municipality: WORCESTER
  • Latitude: 42.2921
  • Longitude: -71.8062

    Address

  • Full Address: 1 Loring St
  • Address - House Number: 1
  • Address - Street Name: Loring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C012
  • 4-Digit Zip Code: 3552
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $536,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 399,141
  • High Value: 433,454
  • Low Value: 364,828

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,800
  • Assessed Land Value: $102,300
  • Assessed Improvements Value: $271,500

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 134429
  • Previous Sale Recording Date: Jun 06, 2018
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: O
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 Indian Lake East

Stats & Trends

Median Asking:

$479,900

Sale Price/ft²

$281

Below Asking

0.01%

Average Days on Market

68

Average Home Size

943 ft²

Average Home Age

51.2 years

Currently For Sale

6 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 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 months ago
Data Source: MLS PIN, MLS# 72285420

Frequently Asked Questions

When was property at 1 Loring Street built and last sold?
The property at 1 Loring Street was built in 1913 and last sold on Sep 24, 2021 for $355,000.
How much is this home worth?
The estimated value of the home located at 1 Loring Street is $348,923.
What are some comparable homes to 1 Loring Street?
There are currently no comparable homes to 1 Loring Street.
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