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Worcester 01605 North Lincoln Street
1 Miami St
$225,500
● House - Off Market

1 Miami St

Worcester, MA 01605
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,880 Ft²
$447,790
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

A BEAUTIFULLY RENOVATED, MOVE IN CONDITION, SPACIOUS SINGLE FAMILY. This Over Size Ranch has been updated with modern finishes that will delight you.  It offers an open floor plan with Cathedral Ceilings and kitchen upgrades such as granite countertops, Mosaic tile back splash, Stainless Steel appliances, hardwood floors. Updated electric and plumbing, vinyl replacement windows, vinyl siding and insulated walls. A Mosaic tile bath surround, a master bath with new double vanities and good size bedrooms with new wall to wall carpeting and an oversize garage.
Unit Size
1,880 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$125
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1953

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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 #71617647)

Price History

Date / Event Date Event Price
Mar 7, 2014 Sold
Premium
Sold
Dec 21, 2013 Listed by Su Casa Real Estate $234,900
Listed by Su Casa Real Estate
Sep 6, 2013 Sold
Premium
Sold
Apr 8, 2013 Listed by Su Casa Real Estate $147,500
Listed by Su Casa Real Estate
Jun 1, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,880
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,562
  • Total Building Area: 1,880
  • Gross Building Area: 3,982
  • Building Area: 1,880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,880
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732002

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 46-027-00440
  • Parcel: WORC M:46 B:027 L:00440
  • Block: 27
  • Lot: 440
  • Municipality: WORCESTER
  • Latitude: 42.3013
  • Longitude: -71.7705

    Address

  • Full Address: 1 Miami St
  • Address - House Number: 1
  • Address - Street Name: Miami
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C021
  • 4-Digit Zip Code: 1613
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $549,400

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 481,406
  • High Value: 571,707
  • Low Value: 391,105

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $383,100
  • Assessed Land Value: $61,800
  • Assessed Improvements Value: $321,300

    Sales

  • Current Sale Recording Date: Mar 07, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19335
  • Previous Sale Recording Date: Sep 06, 2013
  • Previous Sale Amount: $129,903
  • 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 North Lincoln Street

Stats & Trends

Median Asking:

$459,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1885 ft²

Average Home Age

75.7 years

Currently For Sale

9 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# 71617647

Frequently Asked Questions

When was property at 1 Miami Street built and last sold?
The property at 1 Miami Street was built in 1953 and last sold on Jan 1, 1970 for $225,500.
How much is this home worth?
The estimated value of the home located at 1 Miami Street is $245,859.
What are some comparable homes to 1 Miami Street?
There are currently no comparable homes to 1 Miami Street.
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