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Worcester 01606 Indian Lake East
12 Hastings Ave
$219,900
● House - Off Market

12 Hastings Ave

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
1 Bath
square feet
900 Ft²
$310,783
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Welcome to this quaint three bedroom cape style home which has been lovingly cared for. The lower level features a cozy living room, eat in kitchen, master bedroom, full bath with skylight and a bonus room that can be used as an additional bedroom or office. The second level offers two additional bedrooms with ample storage. Partially finished basement, and three season room with lots of natural light and slider leading to a flat fenced in yard perfect for entertaining and easy maintenance. Ideal opportunity if you are just getting started or those looking to downsize!  Excellent commuter location with easy access to highways, restaurants and shopping.
Unit Size
900 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$244
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1948

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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 #72635636)

Price History

Date / Event Date Event Price
May 15, 2020 Sold
Premium
Sold
Mar 19, 2020 Listed by Coldwell Banker Residential Brokerage - Shrewsbury $219,900
Listed by Coldwell Banker Residential Brokerage - Shrewsbury

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1973
  • 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: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 720
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,276
  • Total Building Area: 900
  • Gross Building Area: 2,338
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 900
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730500

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 13-015-00010
  • Parcel: WORC M:13 B:015 L:00010
  • Block: 15
  • Lot: 10
  • Municipality: WORCESTER
  • Latitude: 42.294
  • Longitude: -71.8069

    Address

  • Full Address: 12 Hastings Ave
  • Address - House Number: 12
  • Address - Street Name: Hastings
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C012
  • 4-Digit Zip Code: 3546
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $403,500

    Appraisal Valuation

  • Standard Deviation: 0.2006
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 340,211
  • High Value: 408,462
  • Low Value: 271,961

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $281,400
  • Assessed Land Value: $96,100
  • Assessed Improvements Value: $185,300

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: May 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49978
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 Lake East

Stats & Trends

Median Asking:

$477,450

Sale Price/ft²

$303

Below Asking

0.01%

Average Days on Market

68

Average Home Size

1261 ft²

Average Home Age

75.5 years

Currently For Sale

4 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: 5 months ago
Data Source: MLS PIN, MLS# 72635636

Frequently Asked Questions

When was property at 12 Hastings Avenue built and last sold?
The property at 12 Hastings Avenue was built in 1948 and last sold on May 12, 2020 for $219,900.
How much is this home worth?
The estimated value of the home located at 12 Hastings Avenue is $225,139.
What are some comparable homes to 12 Hastings Avenue?
There are currently no comparable homes to 12 Hastings Avenue.
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