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Worcester 01603 Webster Square
126 Paris Ave
$86,500
● House - Off Market

126 Paris Ave

Worcester, MA 01603
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,326 Ft²
$82,287
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Country area, house needs lots of work, could be tear down.  House being sold 'as is' will not qualify for most financing, seller will not make any repairs.  House must be on the market for 10 days or 2 weekends whichever is longer before seller will review offers.  Agent nor seller have any history regarding property.  Buyer to do diligence.  Smoke certificate and final water reading are the responsibility of the buyers/buyersagent.     Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. NOTE:  Multiple offers, highest and best offer are due by 4-26-19 at noon
Unit Size
1,326 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$43
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1927

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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 #72480819)

Price History

Date / Event Date Event Price
Jan 15, 2021 Sold
Premium
Sold
Dec 3, 2020 Listed by ERA Key Realty Services- Auburn $299,900
Listed by ERA Key Realty Services- Auburn
Feb 27, 2020 Sold
Premium
Sold
Apr 11, 2019 Listed by ERA Key Realty Services- Auburn $57,000
Listed by ERA Key Realty Services- Auburn
Oct 7, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 884
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 1,326
  • Gross Building Area: 2,820
  • Building Area: 1,326
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,326
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731002

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 42-011-00126
  • Parcel: WORC M:42 B:011 L:00126
  • Block: 11
  • Lot: 126
  • Municipality: WORCESTER
  • Latitude: 42.2519
  • Longitude: -71.8547

    Address

  • Full Address: 126 Paris Ave
  • Address - House Number: 126
  • Address - Street Name: Paris
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 1643
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $456,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1956
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 402,992
  • High Value: 481,843
  • Low Value: 324,141

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,000
  • Assessed Land Value: $85,800
  • Assessed Improvements Value: $232,200

    Sales

  • Current Sale Contract Date: Jan 12, 2021
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6970
  • Previous Sale Recording Date: Feb 27, 2020
  • Previous Sale Contract Date: Feb 24, 2020
  • Previous Sale Amount: $86,500
  • 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:

$422,200

Sale Price/ft²

$270

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2359 ft²

Average Home Age

88 years

Currently For Sale

27 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72480819

Frequently Asked Questions

When was property at 126 Paris Avenue built and last sold?
The property at 126 Paris Avenue was built in 1927 and last sold on Jan 12, 2021 for $318,000.
How much is this home worth?
The estimated value of the home located at 126 Paris Avenue is $300,961.
What are some comparable homes to 126 Paris Avenue?
There are currently no comparable homes to 126 Paris Avenue.
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