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Worcester 01606 Greendale
15 Cutting Ave.
$217,000
● House - Off Market

15 Cutting Ave.

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,235 Ft²
$362,224
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

MULTIPLE OFFERS RECEIVED: HIGHEST & BEST DUE MON 9/19 BY 4PM : This bright Burncoat neighborhood bungalow features the charm of yesteryear with the open concept of a modern home. This must see has a  renovated kitchen which beams with sunlight and is open to the most gorgeous fenced in backyard. This house has hardwoods through out, crown molding, and leaded glass door built-ins around the showcased brick fireplace. A separate room off the living room could be used as an office or playroom and features additional French doors (not currently installed). The second floor is finished with a separate 3rd bedroom and added additional storage. Enclosed front porch is a wonderful and bright space to lounge about.
Unit Size
1,235 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$174
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1925

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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 #72067427)

Price History

Date / Event Date Event Price
Nov 9, 2016 Sold
Premium
Sold
Sep 14, 2016 Listed by Keller Williams Realty Greater Worcester $215,000
Listed by Keller Williams Realty Greater Worcester
Jun 29, 2009 Sold
Premium
Sold
Nov 10, 2008 Listed by Keller Williams Realty Greater Worcester $120,000
Listed by Keller Williams Realty Greater Worcester
Mar 16, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 988
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 1,235
  • Gross Building Area: 3,175
  • Building Area: 1,235
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,235
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730300

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 12-034-00015
  • Parcel: WORC M:12 B:034 L:00015
  • Block: 34
  • Lot: 15
  • Municipality: WORCESTER
  • Latitude: 42.307
  • Longitude: -71.7924

    Address

  • Full Address: 15 Cutting Ave
  • Address - House Number: 15
  • Address - Street Name: Cutting
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C019
  • 4-Digit Zip Code: 2207
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 78
  • Final Value: 402,190
  • High Value: 470,907
  • Low Value: 333,472

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,000
  • Assessed Land Value: $98,900
  • Assessed Improvements Value: $216,100

    Sales

  • Current Sale Recording Date: Nov 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 129218
  • Previous Sale Recording Date: Jun 29, 2009
  • Previous Sale Amount: $112,500
  • 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 Greendale

Stats & Trends

Median Asking:

$469,000

Sale Price/ft²

$293

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2653 ft²

Average Home Age

73.6 years

Currently For Sale

19 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72067427

Frequently Asked Questions

When was property at 15 Cutting Avenue built and last sold?
The property at 15 Cutting Avenue was built in 1925 and last sold on Jan 1, 1970 for $217,000.
How much is this home worth?
The estimated value of the home located at 15 Cutting Avenue is $221,603.
What are some comparable homes to 15 Cutting Avenue?
There are currently no comparable homes to 15 Cutting Avenue.
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