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Worcester 01606 Indian Lake East
106 Tower St
Photo of 106 Tower St

1

Map

$215,000
● House - Off Market

106 Tower St

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,668 Ft²
$1,297
Est. Monthly

About This Property

PLATINUM PLUS PROPERTY!!!  Immaculate family home updated for today's lifestyle!  Lovely colonial in convenient location with recent updates including windows, siding,  and furnace features eat-in kitchen, fireplaced living room, formal dining room with built-ins, first floor family room or 4th BR, 3 spacious bedrooms, walk-up attic, and hardwoods under carpet.  Property includes 16' x 21' deck overlooking double lot (2 parcels), fenced yard, shed, and walk-out from partially finished basement
Unit Size
1,668 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$129
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1910

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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: 29 days ago (MLSPIN #71263706)

Price History

Date / Event Date Event Price
Dec 5, 2012 Sold
Premium
Sold
Aug 14, 2012 Listed by RE/MAX Vision $180,000
Listed by RE/MAX Vision
Jul 19, 2011 Listed by RE/MAX Vision $215,000
Listed by RE/MAX Vision

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 728
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,283
  • Total Building Area: 1,632
  • Gross Building Area: 3,294
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730500

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 13-014-00052
  • Parcel: WORC M:13 B:014 L:00052
  • Block: 14
  • Lot: 52
  • Municipality: WORCESTER
  • Latitude: 42.2959
  • Longitude: -71.8059

    Address

  • Full Address: 106 Tower St
  • Address - House Number: 106
  • Address - Street Name: Tower
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C012
  • 4-Digit Zip Code: 2723
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $471,100

    Appraisal Valuation

  • Standard Deviation: 0.1855
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 417,809
  • High Value: 495,324
  • Low Value: 340,294

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,500
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $225,300

    Sales

  • Current Sale Recording Date: Dec 05, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000010
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 Indian Lake East

Stats & Trends

Median Asking:

$479,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1865 ft²

Average Home Age

90.7 years

Currently For Sale

6 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: 29 days ago
Data Source: MLS PIN, MLS# 71263706

Frequently Asked Questions

When was property at 106 Tower Street built and last sold?
The property at 106 Tower Street was built in 1910 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 106 Tower Street is $195,515.
What are some comparable homes to 106 Tower Street?
There are currently no comparable homes to 106 Tower Street.
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