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Worcester 01603 Webster Square
12 Varnum Street
$109,000
● House - Off Market

12 Varnum Street

Worcester, MA 01603
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$228,866
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model

About This Property

3 Bedroom Cape with lots of updating recent  roof, new bath, replacement windows and furnace. Circuit breakers, Hardwood floors,Three season porch .Convenient location near shopping and Highways   Minutes to 290/Mass Pike, NOT  a short sale or foreclosure. Easy to show
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$91
Property Type
House
Property Taxes
$189
HOA Dues
-
Year Built
1953

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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 #71310999)

Price History

Date / Event Date Event Price
Feb 15, 2013 Sold
Premium
Sold
Nov 14, 2011 Listed by RE/MAX Vision $109,000
Listed by RE/MAX Vision
3 Bedroom Cape with lots of updating recent roof, new bath, replacement windows and furnace. Circuit breakers, Hardwood floors,Three season porch .Convenient location near shopping and Highways Minutes to 290/Mass Pike, NOT a short sale or foreclosure. Easy to show

Property Highlights

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 800
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,322
  • Total Building Area: 1,200
  • Gross Building Area: 2,578
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000122
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 733102

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 15-025-00078
  • Parcel: WORC M:15 B:025 L:00078
  • Block: 25
  • Lot: 78
  • Municipality: WORCESTER
  • Latitude: 42.241
  • Longitude: -71.845

    Address

  • Full Address: 12 Varnum St
  • Address - House Number: 12
  • Address - Street Name: Varnum
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C019
  • 4-Digit Zip Code: 1419
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $254,100

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 253,419
  • High Value: 302,594
  • Low Value: 204,243

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,200
  • Assessed Land Value: $73,000
  • Assessed Improvements Value: $104,200

    Sales

  • Current Sale Recording Date: Feb 15, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19845
  • Previous Sale Recording Date: Feb 15, 2013
  • Previous Sale Amount: $109,000
  • 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 Webster Square

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2347 ft²

Average Home Age

93.8 years

Currently For Sale

25 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# 71310999

Frequently Asked Questions

When was property at 12 Varnum Street built and last sold?
The property at 12 Varnum Street was built in 1953 and last sold on Jan 1, 1970 for $109,000.
How much is this home worth?
The estimated value of the home located at 12 Varnum Street is $122,156.
What are some comparable homes to 12 Varnum Street?
There are currently no comparable homes to 12 Varnum Street.
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