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Worcester 01604 Grafton Hill
146 Commonwealth Ave
$98,000
● House - Off Market

146 Commonwealth Ave

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,260 Ft²
$234,819
RealtyHop Estimate
113.67%
Since Apr 1, 2010
National-US
Primary Model

About This Property

SELLER HAS ACCEPTED OFFER SUB TO P&S BEING SIGNED!Attention contractors/investors! This cape Needs extensive  restoration. Price reflects!   Will not qualify for FHA financing. Cash/rehab loan best. Condition of all components unknown. Water/Electric cannot be turned on due to pre existing conditions. (Accepted offers/counter offers  are subject to receipt of executed contracts inc any and all seller addendums w/i 72 hours of receipt or seller can cancel) (SEE firm remarks)
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$87
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1944

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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 #71025930)

Price History

Date / Event Date Event Price
Aug 31, 2010 Sold
Premium
Sold
Jun 18, 2010 Listed by RE/MAX Advantage 1 $200,000
Listed by RE/MAX Advantage 1
Mar 5, 2010 Sold
Premium
Sold
Jan 30, 2010 Listed by RE/MAX Advantage 1 $109,900
Listed by RE/MAX Advantage 1

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 910
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,567
  • Total Building Area: 1,540
  • Gross Building Area: 2,842
  • Building Area: 1,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,540
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LISLE TERRACE CENTER
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732301

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 38-012-00155
  • Parcel: WORC M:38 B:012 L:00155
  • Block: 12
  • Lot: 155
  • Municipality: WORCESTER
  • Latitude: 42.2511
  • Longitude: -71.7619

    Address

  • Full Address: 146 Commonwealth Ave
  • Address - House Number: 146
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1961
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,000

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 420,517
  • High Value: 499,358
  • Low Value: 341,676

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,000
  • Assessed Land Value: $102,400
  • Assessed Improvements Value: $231,600

    Sales

  • Current Sale Recording Date: Aug 31, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00094190
  • Previous Sale Recording Date: Mar 05, 2010
  • Previous Sale Amount: $101,000
  • 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 Grafton Hill

Stats & Trends

Median Asking:

$449,950

Sale Price/ft²

$277

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1747 ft²

Average Home Age

69.3 years

Currently For Sale

22 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 months ago
Data Source: MLS PIN, MLS# 71025930

Frequently Asked Questions

When was property at 146 Commonwealth Avenue built and last sold?
The property at 146 Commonwealth Avenue was built in 1944 and last sold on Jan 1, 1970 for $195,500.
How much is this home worth?
The estimated value of the home located at 146 Commonwealth Avenue is $214,434.
What are some comparable homes to 146 Commonwealth Avenue?
There are currently no comparable homes to 146 Commonwealth Avenue.
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