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Worcester 01609 West Tatnuck
148A Tory Fort Lane
$80,000
● Land - Off Market

148A Tory Fort Lane

Worcester, MA 01602
bedrooms
Studio
bathrooms
0 Bath
$438
Est. Monthly

About This Property

Great Opportunity to Buy Buildable lot in Private, West Side Location. Situated in the RS-7 Tatnuck Square Neighborhood. Truly Country Living in the City !  All Engineering Services Completed. Flat Lot with City Water and Sewer. Easy Access to Dining, Shopping and Major Commuting Routes.  Newly Built Home Next Door to the Land Sold for $575,000 in 2022. All engineering just completed. Land is staked and in full compliance with City as buildable lot.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2005

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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 #73136273)

Price History

Date / Event Date Event Price
Nov 25, 2024 Sold
Premium
Sold
Jan 18, 2024 In contract -
In contract
Jan 10, 2024 Price Decreased $89,000
↓ $1K (1.1%)
Price Decreased
Dec 11, 2023 Price Decreased $90,000
↓ $5K (5.3%)
Price Decreased
Nov 29, 2023 Price Decreased $95,000
↓ $12K (11.2%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 644
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,617
  • Total Building Area: 2,408
  • Gross Building Area: 5,256
  • Building Area: 2,408
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,408
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000657
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730700

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 40-040-00005
  • Parcel: WORC M:40 B:040 L:00005
  • Block: 40
  • Lot: 5
  • Municipality: WORCESTER
  • Latitude: 42.2885
  • Longitude: -71.8556

    Address

  • Full Address: 148 Tory Fort Ln
  • Address - House Number: 148
  • Address - Street Name: Tory Fort
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Worcester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1255
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $684,900

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 592,465
  • High Value: 691,410
  • Low Value: 493,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $477,600
  • Assessed Land Value: $104,700
  • Assessed Improvements Value: $372,900

    Sales

  • Current Sale Recording Date: Feb 04, 2008
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00011357
  • Previous Sale Recording Date: Mar 31, 2004
  • Previous Sale Amount: $88,000
  • 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 West Tatnuck

Stats & Trends

Median Asking:

$482,450

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2033 ft²

Average Home Age

42.7 years

Currently For Sale

21 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: 4 months ago
Data Source: MLS PIN, MLS# 73136273

Frequently Asked Questions

When was property at 148A Tory Fort Lane built and last sold?
The property at 148A Tory Fort Lane was built in 2005 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 148A Tory Fort Lane is $89,890.
What are some comparable homes to 148A Tory Fort Lane?
There are currently no comparable homes to 148A Tory Fort Lane.
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