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Worcester 01604 Lake Park
13 Locust Ave
$160,000
● House - Off Market

13 Locust Ave

Worcester, MA 01604
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,172 Ft²
$593,873
RealtyHop Estimate
271.17%
Since Sep 1, 1996
National-US
Primary Model

About This Property

INCREDIBLE RANCH W/NEW 28X24 BRICK GREAT ROOM ABSOLUTELY THE BEST OF EVERYTHING.LGE PRIV FENCED YARD W/MANY FRUIT TREES, LGE PATIO,STONE WALLS & WALKWAYS. FRML LR,DR,TILE THRUOUT. LGE FULL 2BDRM IN-LAW, A CASTLE! ONE OF A KIND. INCRED VALUE
Unit Size
2,172 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$74
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1952

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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 years ago (MLSPIN #30113366)

Price History

Date / Event Date Event Price
Sep 13, 2021 Sold
Premium
Sold
Jun 23, 2021 Listed by RE/MAX Advantage 1 $499,900
Listed by RE/MAX Advantage 1
Aug 30, 1996 Sold
Premium
Sold
Jun 22, 1996 Listed by RE/MAX Advantage 1 $160,000
Listed by RE/MAX Advantage 1

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 4
  • Exterior Walls Type: 23
  • 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: 1,328
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,384
  • Total Building Area: 1,834
  • Gross Building Area: 5,300
  • Building Area: 1,834
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,834
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000353
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732201

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 17-014-38+40
  • Parcel: WORC M:17 B:014 L:38+40
  • Block: 14
  • Lot: 38+40
  • Municipality: WORCESTER
  • Latitude: 42.2728
  • Longitude: -71.7619

    Address

  • Full Address: 13 Locust Ave
  • Address - House Number: 13
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C012
  • 4-Digit Zip Code: 6021
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $641,000

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 578,474
  • High Value: 680,285
  • Low Value: 476,663

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447,000
  • Assessed Land Value: $103,500
  • Assessed Improvements Value: $343,500

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 128211
  • Previous Sale Recording Date: Aug 30, 1996
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 27
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 Lake Park

Stats & Trends

Median Asking:

$544,450

Sale Price/ft²

$276

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1335 ft²

Average Home Age

43.8 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

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: 4 years ago
Data Source: MLS PIN, MLS# 30113366

Frequently Asked Questions

When was property at 13 Locust Avenue built and last sold?
The property at 13 Locust Avenue was built in 1952 and last sold on Sep 13, 2021 for $540,000.
How much is this home worth?
The estimated value of the home located at 13 Locust Avenue is $504,239.
What are some comparable homes to 13 Locust Avenue?
There are currently no comparable homes to 13 Locust Avenue.
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