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Worcester 01606 Burncoat
1 Purchase St
Photo of 1 Purchase St
Sold on Oct 23, 2025

37

Map

Photo of 1 Purchase St
Photo of 1 Purchase St
$430,000
● House - Off Market

1 Purchase St

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,736 Ft²
$2,352
Est. Monthly
8.35%
Cap Rate

About This Property

Located in Worcester's desirable Burncoat neighborhood, this 3 bed, 1.5 bath colonial offers 1,739 sq ft of living space with hardwood floors throughout. The spacious kitchen features an island, stone countertops, and plenty of cabinetry, opening to the dining area and living room with a fireplace. A bright bonus room with French doors makes an ideal office, playroom, or den. Upstairs you'll find three comfortable bedrooms and a full bath. Outside, enjoy the large fenced-in backyard with an expansive deck, shed, and plenty of room to entertain. Convenient to schools, parks, shopping, and major routes, this home blends comfort, space, and location.
Unit Size
1,736 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$230
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1937

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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: 12 months ago (MLSPIN #73428044)

Price History

Date / Event Date Event Price
Oct 23, 2025 Sold
Premium
Sold
Sep 14, 2025 In contract -
In contract
Sep 9, 2025 Listed by Panarelli Properties, Inc. $400,000
Listed by Panarelli Properties, Inc.
Nov 9, 1994 Sold
Premium
Sold
Sep 6, 1994 Listed by Panarelli Properties, Inc. $94,900
Listed by Panarelli Properties, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • 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: 780
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,736
  • Gross Building Area: 2,768
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,736
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730200

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 36-008-00003
  • Parcel: WORC M:36 B:008 L:00003
  • Block: 8
  • Lot: 3
  • Municipality: WORCESTER
  • Latitude: 42.309
  • Longitude: -71.7853

    Address

  • Full Address: 1 Purchase St
  • Address - House Number: 1
  • Address - Street Name: Purchase
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1603
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $436,800

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 420,600
  • High Value: 507,888
  • Low Value: 333,313

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,600
  • Assessed Land Value: $85,100
  • Assessed Improvements Value: $219,500

    Sales

  • Current Sale Recording Date: Nov 09, 1994
  • Current Sale Price:
    Premium
  • Current 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 Burncoat

Stats & Trends

Median Asking:

$429,900

Sale Price/ft²

$307

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1558 ft²

Average Home Age

48.2 years

Currently For Sale

10 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: 12 months ago
Data Source: MLS PIN, MLS# 73428044

Frequently Asked Questions

When was property at 1 Purchase Street built and last sold?
The property at 1 Purchase Street was built in 1937 and last sold on Jan 1, 1970 for $90,000.
How much is this home worth?
The estimated value of the home located at 1 Purchase Street is $0.
What are some comparable homes to 1 Purchase Street?
There are currently no comparable homes to 1 Purchase Street.
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