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Worcester 01606 Indian Hill
118 Indian Hill Rd
$400,000
● House - Off Market

118 Indian Hill Rd

Worcester, MA 01606
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,656 Ft²
$454,291
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Spacious cape in move in condition! Seven rooms, four bedrooms, two full baths, with a one car garage under. First floor includes kitchen, living room, two bedrooms, a full bath, and a sunroom off the kitchen that continues to large deck. Hardwood floors throughout first floor. Second floor features two more spacious bedrooms and a full bath. Brand new high efficiency boiler (2019). Bathrooms and kitchen remodeled (2018). Electric hot water heater added, giving the adaptability to use oil fired hot water heater or electric. The shed in backyard for storage and lawn tools. New insulation in garage, basement, attic etc (2021). Second floor has new flooring, and first floor hardwoods were refinished in 2019. Perfect commuter location near Rtes 190 and 290
Unit Size
1,656 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$254
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72919897)

Price History

Date / Event Date Event Price
Jan 24, 2022 Sold
Premium
Sold
Nov 22, 2021 Listed by LAER Realty Partners $420,000
Listed by LAER Realty Partners
Nov 12, 2015 Sold
Premium
Sold
Sep 4, 2012 Sold
Premium
Sold
Aug 1, 2012 Listed by LAER Realty Partners $184,000
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 578
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,017
  • Total Building Area: 1,656
  • Gross Building Area: 3,060
  • Building Area: 1,656
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,656
  • Heating Fuel Type: 0

    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: 730100

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 37-028-00077
  • Parcel: WORC M:37 B:028 L:00077
  • Block: 28
  • Lot: 77
  • Municipality: WORCESTER
  • Latitude: 42.3116
  • Longitude: -71.8146

    Address

  • Full Address: 118 Indian Hill Rd
  • Address - House Number: 118
  • Address - Street Name: Indian Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C015
  • 4-Digit Zip Code: 2659
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $504,900

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 464,091
  • High Value: 543,144
  • Low Value: 385,039

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $352,100
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $249,900

    Sales

  • Current Sale Contract Date: Jan 24, 2022
  • Current Sale Recording Date: Jan 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9198
  • Previous Sale Recording Date: Nov 12, 2015
  • Previous Sale Amount: $65,000
  • 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 Indian Hill

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$303

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2093 ft²

Average Home Age

76.5 years

Currently For Sale

8 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: 4 months ago
Data Source: MLS PIN, MLS# 72919897

Frequently Asked Questions

When was property at 118 Indian Hill Road built and last sold?
The property at 118 Indian Hill Road was built in 1959 and last sold on Jan 24, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 118 Indian Hill Road is $413,854.
What are some comparable homes to 118 Indian Hill Road?
There are currently no comparable homes to 118 Indian Hill Road.
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