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Worcester 01604 Grafton Hill
118 Commonwealth Ave.
$150,000
● House - Off Market

118 Commonwealth Ave.

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,113 Ft²
$270,931
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

This charming craftsman style bungalow is waiting to be restored to it's original glory.  Built in china cabinet, bead board, bench seat, ironing board and footed bath tub are a few of the original features in this great house.  Hardwood floors throughout and original stained woodwork.  Off the kitchen is a glassed in porch that overlooks the 1/2 acre lot which is pretty hard to find in the city.  Updated windows on main house, roof, furnace and hot water heater.  One car garage under.  Economical gas heat.  This property is located on a side street minutes to U-Mass, Route 290, 20 and the Mass Pike.  A short stroll to Lake Park and near by to shopping!
Unit Size
1,113 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$153
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1900

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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 months ago (MLSPIN #72194440)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Aug 9, 2017 Sold
Premium
Sold
Jul 7, 2017 Listed by RE/MAX Executive Realty $169,900
Listed by RE/MAX Executive Realty

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,018
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,034
  • Total Building Area: 1,342
  • Gross Building Area: 4,442
  • Building Area: 1,342
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,342
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732301

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 17-042-00004
  • Parcel: WORC M:17 B:042 L:00004
  • Block: 42
  • Lot: 4
  • Municipality: WORCESTER
  • Latitude: 42.2527
  • Longitude: -71.7628

    Address

  • Full Address: 118 Commonwealth Ave
  • Address - House Number: 118
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1911
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,800

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 388,010
  • High Value: 463,683
  • Low Value: 312,337

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,700
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $204,500

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60273
  • Previous Sale Recording Date: Aug 09, 2017
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: O
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 Grafton Hill

Stats & Trends

Median Asking:

$449,950

Sale Price/ft²

$277

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1747 ft²

Average Home Age

69.3 years

Currently For Sale

22 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: 4 months ago
Data Source: MLS PIN, MLS# 72194440

Frequently Asked Questions

When was property at 118 Commonwealth Avenue built and last sold?
The property at 118 Commonwealth Avenue was built in 1900 and last sold on Apr 30, 2021 for $310,000.
How much is this home worth?
The estimated value of the home located at 118 Commonwealth Avenue is $179,156.
What are some comparable homes to 118 Commonwealth Avenue?
There are currently no comparable homes to 118 Commonwealth Avenue.
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