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Worcester 01602 Salisbury Street
12 Germain Street
$375,000
● House - Off Market

12 Germain Street

Worcester, MA 01602
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,000 Ft²
$2,292
Est. Monthly
12.09%
Cap Rate

About This Property

Price slashed!  Final Price Drop!  West Side in Historic Hammond Heights.  Spacious rooms, high   ceilings, dual staircases, built-ins, pocket doors, window seats, storage. Hardwoods throughout.    Gorgeous sunroom and billiards room. New gas furnace, 6-zone heat, 200-amp electrical service,   mostly new wiring, new driveway, many other updates.  Walk-out basement leads to bluestone patio   and large, level backyard.  House on market only until end of June.  Brokers welcome.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$125
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1895

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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: 13 months ago (MLSPIN #71050395)

Price History

Date / Event Date Event Price
Mar 19, 2010 Listed by The Entry Only Listing Service $375,000
Listed by The Entry Only Listing Service
Nov 14, 2003 Sold
Premium
Sold
Sep 3, 2003 Listed by The Entry Only Listing Service $399,900
Listed by The Entry Only Listing Service

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,769
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,375
  • Total Building Area: 3,890
  • Gross Building Area: 6,991
  • Building Area: 3,890
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,890
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 02
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730802

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 11-008-00002
  • Parcel: WORC M:11 B:008 L:00002
  • Block: 8
  • Lot: 2
  • Municipality: WORCESTER
  • Latitude: 42.2719
  • Longitude: -71.8178

    Address

  • Full Address: 12 Germain St
  • Address - House Number: 12
  • Address - Street Name: Germain
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C004
  • 4-Digit Zip Code: 2105
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $765,500

    Appraisal Valuation

  • Standard Deviation: 0.2084
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 704,276
  • High Value: 851,100
  • Low Value: 557,452

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $533,800
  • Assessed Land Value: $103,000
  • Assessed Improvements Value: $430,800

    Sales

  • Current Sale Recording Date: Nov 14, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 301685
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 Salisbury Street

Stats & Trends

Median Asking:

$646,700

Sale Price/ft²

$265

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3006 ft²

Average Home Age

83.8 years

Currently For Sale

13 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 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 13 months ago
Data Source: MLS PIN, MLS# 71050395

Frequently Asked Questions

When was property at 12 Germain Street built and last sold?
The property at 12 Germain Street was built in 1895 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 12 Germain Street is $0.
What are some comparable homes to 12 Germain Street?
There are currently no comparable homes to 12 Germain Street.
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