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Worcester 01606 Indian Hill
111 Ararat Street
$256,000
● House - Off Market

111 Ararat Street

Worcester, MA 01606
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$332,944
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Welcome Home!!  Pride of ownership is obvious in this well-kept Cape.  Sun drenched kitchen boasts some updates to cabinets/ counters....all appliances stay....cozy breakfast area.  Living room offers built-ins and an electric fireplace...first floor den/office has sliders to the deck which overlooks the back yard....bonus shed currently used as a workshop plus one car garage..Come and take a look at this gem of a home.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$226
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1918

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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 #72706460)

Price History

Date / Event Date Event Price
Oct 22, 2020 Sold
Premium
Sold
Aug 8, 2020 Listed by Maria Smith Real Estate $248,987
Listed by Maria Smith Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 450
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 788
  • Gross Building Area: 1,606
  • Building Area: 788
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 788
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730100

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 37-008-00014
  • Parcel: WORC M:37 B:008 L:00014
  • Block: 8
  • Lot: 14
  • Municipality: WORCESTER
  • Latitude: 42.314
  • Longitude: -71.8111

    Address

  • Full Address: 111 Ararat St
  • Address - House Number: 111
  • Address - Street Name: Ararat
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C015
  • 4-Digit Zip Code: 2647
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $348,200

    Appraisal Valuation

  • Standard Deviation: 0.2006
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 319,597
  • High Value: 383,712
  • Low Value: 255,482

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,800
  • Assessed Land Value: $89,500
  • Assessed Improvements Value: $153,300

    Sales

  • Current Sale Contract Date: Oct 15, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 126542
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 Hill

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$290

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1945 ft²

Average Home Age

70.3 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72706460

Frequently Asked Questions

When was property at 111 Ararat Street built and last sold?
The property at 111 Ararat Street was built in 1918 and last sold on Oct 15, 2020 for $256,000.
How much is this home worth?
The estimated value of the home located at 111 Ararat Street is $254,632.
What are some comparable homes to 111 Ararat Street?
There are currently no comparable homes to 111 Ararat Street.
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