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Worcester 01602 Salisbury Street
10 Bancroft Tower Road
$260,000
● House - Off Market

10 Bancroft Tower Road

Worcester, MA 01609
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,801 Ft²
$404,531
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Country living in the heart of the city! Charming 3 bedroom cottage on wooded lot a short walk away from shops and restaurants. Gorgeous detailed front door leads to inviting entry hall with closet and charming window. Hardwood floors throughout. Step down living room features beamed ceiling and uniquely crafted fireplace. Formal dining room with shelved closet. Eat in kitchen with solid birch cabinetry and breakfast nook. Second floor features 3 bedrooms, several closets and study / office or playroom. New gas boiler. Lower level features 12' X 11' family room. Screened porch surrounded by trees and mature plantings, a perfect retreat. Home has an exterior gas generator for winter extra protection!
Unit Size
1,801 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$141
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1940

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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: 6 months ago (MLSPIN #72214162)

Price History

Date / Event Date Event Price
Oct 12, 2017 Sold
Premium
Sold
Aug 15, 2017 Listed by RE/MAX Vision $254,500
Listed by RE/MAX Vision

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,007
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,171
  • Total Building Area: 1,801
  • Gross Building Area: 3,422
  • Building Area: 1,801
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,801
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000371
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730801

Zoning

  • Zoning: RS-10

Geography

  • Account Number: 20-019-08+25
  • Parcel: WORC M:20 B:019 L:08+25
  • Block: 19
  • Lot: 8+25
  • Municipality: WORCESTER
  • Latitude: 42.2751
  • Longitude: -71.8166

    Address

  • Full Address: 10 Bancroft Tower Rd
  • Address - House Number: 10
  • Address - Street Name: Bancroft Tower
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C015
  • 4-Digit Zip Code: 1602
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $495,200

    Appraisal Valuation

  • Standard Deviation: 0.187
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 462,067
  • High Value: 548,512
  • Low Value: 375,622

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,300
  • Assessed Land Value: $103,600
  • Assessed Improvements Value: $241,700

    Sales

  • Current Sale Recording Date: Oct 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 113384
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 Salisbury Street

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$263

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2773 ft²

Average Home Age

91 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

Unit for rent at 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72214162

Frequently Asked Questions

When was property at 10 Bancroft Tower Road built and last sold?
The property at 10 Bancroft Tower Road was built in 1940 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 10 Bancroft Tower Road is $268,203.
What are some comparable homes to 10 Bancroft Tower Road?
There are currently no comparable homes to 10 Bancroft Tower Road.
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