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Worcester 01604 Hamilton
106 Locust Avenue
$335,000
● House - Off Market

106 Locust Avenue

Worcester, MA 01604
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,958 Ft²
$454,512
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Elegant colonial in long-time family neighborhood in the Lake View area.  Street ends dead end at a cul-de-sac.  Upgrades include first floor bedroom and handicap accessible bathroom, large eat-in kitchen and formal dining room.  Large fireplaced living room.  Second level includes three bedrooms and a full bath.  Partially finished dry basement.  Well kept premises with ample back yard.  Easy access to UMASS Medical Center, Massachusetts Turnpike and Route 9.
Unit Size
1,958 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$174
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1917

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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: 5 years ago (MLSPIN #72719791)

Price History

Date / Event Date Event Price
Oct 29, 2020 Sold
Premium
Sold
Sep 2, 2020 Listed by Coldwell Banker Realty - Leominster $339,900
Listed by Coldwell Banker Realty - Leominster

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • 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: 1,235
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 1,958
  • Gross Building Area: 3,763
  • Building Area: 1,958
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,958
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732201

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 17-022-00009
  • Parcel: WORC M:17 B:022 L:00009
  • Block: 22
  • Lot: 9
  • Municipality: WORCESTER
  • Latitude: 42.2649
  • Longitude: -71.7619

    Address

  • Full Address: 106 Locust Ave
  • Address - House Number: 106
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C012
  • 4-Digit Zip Code: 1161
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $530,700

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 485,143
  • High Value: 576,100
  • Low Value: 394,186

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,100
  • Assessed Land Value: $102,900
  • Assessed Improvements Value: $267,200

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 130473
  • Previous Sale Recording Date: Feb 14, 2008
  • Previous Sale Document Type: 48
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 Hamilton

Stats & Trends

Median Asking:

$485,000

Sale Price/ft²

$276

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1828 ft²

Average Home Age

59.4 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: 5 years ago
Data Source: MLS PIN, MLS# 72719791

Frequently Asked Questions

When was property at 106 Locust Avenue built and last sold?
The property at 106 Locust Avenue was built in 1917 and last sold on Oct 26, 2020 for $335,000.
How much is this home worth?
The estimated value of the home located at 106 Locust Avenue is $0.
What are some comparable homes to 106 Locust Avenue?
There are currently no comparable homes to 106 Locust Avenue.
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