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Worcester 01605 Indian Lake East
15 Catharine St
$250,000
● House - Off Market

15 Catharine St

Worcester, MA 01605
bedrooms
7 Beds
bathrooms
2 Baths
square feet
3,284 Ft²
$364,092
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Large price reduction, motivated seller. Many potential uses for this large three story house. Close to Umass Memorial and AD Care. Easy access to all major roads and highways. New high efficiency gas boiler and tank-less water heater. Freshly painted porch and interior. Hardwoods in dining room and many rooms are carpeted with hardwoods under. Ample attic storage and finished basement.  Must see to appreciate value/potential.
Unit Size
3,284 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$73
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #72332197)

Price History

Date / Event Date Event Price
Nov 21, 2018 Sold
Premium
Sold
May 22, 2018 Listed by Alpha Realty $239,900
Listed by Alpha Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,292
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,829
  • Total Building Area: 3,284
  • Gross Building Area: 5,502
  • Building Area: 3,284
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,284
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731900

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 1-012-00007
  • Parcel: WORC M:01 B:012 L:00007
  • Block: 12
  • Lot: 7
  • Municipality: WORCESTER
  • Latitude: 42.2759
  • Longitude: -71.7933

    Address

  • Full Address: 15 Catharine St
  • Address - House Number: 15
  • Address - Street Name: Catharine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C011
  • 4-Digit Zip Code: 2709
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $468,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 395,640
  • High Value: 464,062
  • Low Value: 327,218

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,900
  • Assessed Land Value: $83,600
  • Assessed Improvements Value: $243,300

    Sales

  • Current Sale Recording Date: Nov 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 123873
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 Indian Lake East

Stats & Trends

Median Asking:

$477,450

Sale Price/ft²

$295

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1087 ft²

Average Home Age

85.3 years

Currently For Sale

4 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 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera
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: 5 months ago
Data Source: MLS PIN, MLS# 72332197

Frequently Asked Questions

When was property at 15 Catharine Street built and last sold?
The property at 15 Catharine Street was built in 1900 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 15 Catharine Street is $243,626.
What are some comparable homes to 15 Catharine Street?
There are currently no comparable homes to 15 Catharine Street.
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