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Worcester
144 Wallace Ave
$242,000
● House - Off Market

144 Wallace Ave

Auburn, MA 01501
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,420 Ft²
$386,839
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

*****MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST BY 5PM 6/9******Have you been searching for a move-in condition home in Auburn for under $250k??~ Here's your chance to own this charming, updated Cape set up on a knoll in a lovely family neighborhood! ~ Bright, open kitchen and dining area with hardwoods, built-ins and wood stove ~ Great space on first floor with living room and additional room that could be playroom or office ~ Recent flooring and paint in full bathroom ~ Enclosed front porch perfect for relaxing on summer evenings ~ Master bedroom with tons of closet space ~ Two additional spacious bedrooms and half bath with skylight complete the upstairs ~ Perfect backyard for children and pets ~ Minutes from major routes and Blue Ribbon Schools!! ~ Don't miss out on this one! ~ Quick close possible!!~
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$170
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1930

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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 #72154071)

Price History

Date / Event Date Event Price
Jul 27, 2017 Sold
Premium
Sold
Apr 27, 2017 Listed by Abode Real Estate $242,000
Listed by Abode Real Estate
Jul 30, 2009 Sold
Premium
Sold
Apr 1, 2009 Listed by Abode Real Estate $209,900
Listed by Abode Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,690
  • Total Building Area: 1,607
  • Gross Building Area: 2,952
  • Building Area: 1,607
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,607
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000245
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Auburn School District
  • School Tax School District: AUBURN SD
  • Census Tract: 736200

Geography

  • Account Number: 3355
  • District: 17
  • Parcel: AUBU M:0031 L:0111
  • Lot: 111
  • Municipality: AUBURN
  • Latitude: 42.2065
  • Longitude: -71.8539

    Address

  • Full Address: 144 Wallace Ave
  • Address - House Number: 144
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Auburn
  • Carrier Code: C006
  • 4-Digit Zip Code: 1138
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $486,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 429,202
  • High Value: 511,990
  • Low Value: 346,414

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $326,000
  • Assessed Land Value: $108,800
  • Assessed Improvements Value: $217,200

    Sales

  • Current Sale Recording Date: Jul 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80240
  • Previous Sale Recording Date: Jul 30, 2009
  • Previous Sale Amount: $200,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2390 ft²

Average Home Age

63.6 years

Currently For Sale

2084 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: 5 months ago
Data Source: MLS PIN, MLS# 72154071

Frequently Asked Questions

When was property at 144 Wallace Avenue built and last sold?
The property at 144 Wallace Avenue was built in 1930 and last sold on Jan 1, 1970 for $242,000.
How much is this home worth?
The estimated value of the home located at 144 Wallace Avenue is $250,069.
What are some comparable homes to 144 Wallace Avenue?
There are currently no comparable homes to 144 Wallace Avenue.
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