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Worcester 01603 Webster Square
14 Merchant St
$230,000
● House - Off Market

14 Merchant St

Worcester, MA 01603
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,292 Ft²
$336,949
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

We are in a Multiple offer situation. All final and best offers are due on Monday 08/26/2019 at 12 pm. Like new.  Young 3 bedroom 1.5 bath single family  built in 2003 This home has just been through some renovation, boasting  fresh paint,  new counter tops in the kitchen, new stainless appliances and all new flooring. Sliders to a deck. High-ceilings in the basement ready to be finished,  nice yard. Laundry on the first floor,  plenty of storage and more Call today !!!
Unit Size
1,292 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$178
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
2003

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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 #72553975)

Price History

Date / Event Date Event Price
Sep 27, 2019 Sold
Premium
Sold
Aug 22, 2019 Listed by Century 21 XSELL REALTY $229,900
Listed by Century 21 XSELL REALTY
Apr 12, 2019 Sold
Premium
Sold
Dec 3, 2018 Listed by Century 21 XSELL REALTY $166,000
Listed by Century 21 XSELL REALTY
Mar 22, 2007 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 31
  • 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: 626
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,680
  • Total Building Area: 1,292
  • Gross Building Area: 2,106
  • Building Area: 1,292
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,292
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000107
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731001

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 15-009-0001R
  • Parcel: WORC M:15 B:009 L:0001R
  • Block: 9
  • Lot: 1R
  • Municipality: WORCESTER
  • Latitude: 42.2406
  • Longitude: -71.8561

    Address

  • Full Address: 14 Merchant St
  • Address - House Number: 14
  • Address - Street Name: Merchant
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C016
  • 4-Digit Zip Code: 1216
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $400,800

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 376,566
  • High Value: 439,454
  • Low Value: 313,677

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,494
  • Assessed Land Value: $67,394
  • Assessed Improvements Value: $212,100

    Sales

  • Current Sale Contract Date: Sep 23, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100628
  • Previous Sale Recording Date: Apr 12, 2019
  • Previous Sale Contract Date: Mar 22, 2019
  • Previous Sale Amount: $176,000
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72553975

Frequently Asked Questions

When was property at 14 Merchant Street built and last sold?
The property at 14 Merchant Street was built in 2003 and last sold on Sep 23, 2019 for $230,000.
How much is this home worth?
The estimated value of the home located at 14 Merchant Street is $237,085.
What are some comparable homes to 14 Merchant Street?
There are currently no comparable homes to 14 Merchant Street.
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