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Worcester 01609 Institute Park
10 Schussler
$104,000
● House - Off Market

10 Schussler

Worcester, MA 01609
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,130 Ft²
$394,704
RealtyHop Estimate
263.78%
Since Jun 1, 1997
National-US
Primary Model

About This Property

BETTER HOMES:SPACE FOR TODAYS ACTIVE LIFESTYLE & TOMORROWS GROWING FAMILY.DETAILS OF YESTERYEAR SET THE MOOD FOR THIS 3 STORY CLASSIC COLONIAL 4 PLUS BRS, UPDATES INCLUDE KIT,BATH, ROOF, SIDING,ELECTRICAL,ENCLOSED FRONT PORCHES.
Unit Size
2,130 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$51
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1902

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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 years ago (MLSPIN #30151791)

Price History

Date / Event Date Event Price
May 29, 1997 Sold
Premium
Sold
Mar 10, 1997 Listed by Sullivan Real Estate Group $108,500
Listed by Sullivan Real Estate Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1902
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,098
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 2,705
  • Gross Building Area: 4,672
  • Building Area: 2,705
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,705
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731602

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 11-001-00028
  • Parcel: WORC M:11 B:001 L:00028
  • Block: 1
  • Lot: 28
  • Municipality: WORCESTER
  • Latitude: 42.2716
  • Longitude: -71.809

    Address

  • Full Address: 10 Schussler Rd
  • Address - House Number: 10
  • Address - Street Name: Schussler
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C011
  • 4-Digit Zip Code: 2214
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $585,600

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 632,157
  • High Value: 737,731
  • Low Value: 526,583

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,400
  • Assessed Land Value: $84,900
  • Assessed Improvements Value: $323,500

    Sales

  • Current Sale Recording Date: May 29, 1997
  • 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 Institute Park

Stats & Trends

Median Asking:

$461,250

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2403 ft²

Average Home Age

106.3 years

Currently For Sale

12 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
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 years ago
Data Source: MLS PIN, MLS# 30151791

Frequently Asked Questions

When was property at 10 Schussler Road built and last sold?
The property at 10 Schussler Road was built in 1902 and last sold on Jan 1, 1970 for $104,000.
How much is this home worth?
The estimated value of the home located at 10 Schussler Road is $0.
What are some comparable homes to 10 Schussler Road?
There are currently no comparable homes to 10 Schussler Road.
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