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Worcester 01607 South Quinsigamond Village
1 Melbourne Rd
$65,000
● House - Off Market

1 Melbourne Rd

Worcester, MA 01607
bedrooms
2 Beds
bathrooms
1 Bath
square feet
816 Ft²
$150,727
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Short Sale Opportunity.  Cute and cozy best describes this home.  2 bedroom cottage-style home with hardwood flooring and beautiful ceramic.  Situated on a dead end street.  Close to all major routes.
Unit Size
816 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$86
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71353093)

Price History

Date / Event Date Event Price
Jun 12, 2012 Sold
Premium
Sold
Mar 15, 2012 Listed by Emerson REALTORS® $70,000
Listed by Emerson REALTORS®
Jun 3, 2004 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • Exterior Walls Type: 11
  • 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: 816
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,200
  • Total Building Area: 816
  • Gross Building Area: 2,538
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 816
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732901

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 29-033-00024
  • Parcel: WORC M:29 B:033 L:00024
  • Block: 33
  • Lot: 24
  • Municipality: WORCESTER
  • Latitude: 42.2177
  • Longitude: -71.7973

    Address

  • Full Address: 1 Melbourne Rd
  • Address - House Number: 1
  • Address - Street Name: Melbourne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1719
  • Zip Code: 01607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $345,200

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 276,225
  • High Value: 332,522
  • Low Value: 219,928

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $240,700
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $137,400

    Sales

  • Current Sale Recording Date: Jun 12, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jun 03, 2004
  • Previous Sale Amount: $175,000
  • 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 South Quinsigamond Village

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$293

Below Asking

0.02%

Average Days on Market

42

Average Home Size

1376 ft²

Average Home Age

108.5 years

Currently For Sale

2 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71353093

Frequently Asked Questions

When was property at 1 Melbourne Road built and last sold?
The property at 1 Melbourne Road was built in 1920 and last sold on Jan 1, 1970 for $65,000.
How much is this home worth?
The estimated value of the home located at 1 Melbourne Road is $78,177.
What are some comparable homes to 1 Melbourne Road?
There are currently no comparable homes to 1 Melbourne Road.
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