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Worcester 01602 Newton Square
108 Richmond Ave
$340,000
● House - Off Market

108 Richmond Ave

Worcester, MA 01602
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,212 Ft²
$517,530
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Your beautiful home is located in the desirable west-side of Worcester within walking distance to 2 of Worcester's most desired public schools.  Great layout with all the right spaces; cook and entertain for 2 or 20 in the kitchen with adjoining dining room, relax by the fire in the living room, work comfortably in the office/library, rest easy in the large master bedroom with adjoining sunroom/dressing room.  Hardwood floors, a large finished basement with full bath, a spacious garage and your own private deck leading to a manicured yard round out this homes appeal!
Unit Size
2,212 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$154
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1928

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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 months ago (MLSPIN #72296472)

Price History

Date / Event Date Event Price
May 15, 2018 Sold
Premium
Sold
Mar 21, 2018 Listed by RE/MAX Results Realty $339,900
Listed by RE/MAX Results Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,084
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,634
  • Total Building Area: 2,212
  • Gross Building Area: 3,572
  • Building Area: 2,212
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,212
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST HAVEN SEC B
  • Land Acres: 0000000175
  • 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: 43-003-00008
  • Parcel: WORC M:43 B:003 L:00008
  • Block: 3
  • Lot: 8
  • Municipality: WORCESTER
  • Latitude: 42.2801
  • Longitude: -71.8329

    Address

  • Full Address: 108 Richmond Ave
  • Address - House Number: 108
  • Address - Street Name: Richmond
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1518
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $727,200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 599,772
  • High Value: 708,305
  • Low Value: 491,239

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $507,100
  • Assessed Land Value: $102,400
  • Assessed Improvements Value: $404,700

    Sales

  • Current Sale Recording Date: May 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46349
  • Previous Sale Recording Date: Feb 03, 2009
  • Previous 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 Newton Square

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

64

Average Home Size

5051 ft²

Average Home Age

111.4 years

Currently For Sale

11 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72296472

Frequently Asked Questions

When was property at 108 Richmond Avenue built and last sold?
The property at 108 Richmond Avenue was built in 1928 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 108 Richmond Avenue is $351,460.
What are some comparable homes to 108 Richmond Avenue?
There are currently no comparable homes to 108 Richmond Avenue.
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