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Worcester 01605 North Lincoln Street
15 Miami St
$167,000
● House - Off Market

15 Miami St

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$241,672
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Newer 3 bedroom cape in Burncoat neighborhood built in 1986 that needs work.  Priced for immediate sale, probably cash only but may qualify for conventional financing. Features include eat in kitchen, 2nd full bath roughed in already, first floor laundry, high ceilings in partially finished large basement, 7125 sq ft lot on quiet street with 2 car parking. Offers reviewed as presented.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$130
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1989

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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 #72636201)

Price History

Date / Event Date Event Price
Mar 26, 2020 Sold
Premium
Sold
Mar 20, 2020 Listed by Ocean Real Estate $169,000
Listed by Ocean Real Estate
Feb 14, 2020 Sold
Premium
Sold
Apr 1, 2019 Listed by Ocean Real Estate $149,900
Listed by Ocean Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 864
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,125
  • Total Building Area: 1,440
  • Gross Building Area: 2,880
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732002

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 46-028-00021
  • Parcel: WORC M:46 B:028 L:00021
  • Block: 28
  • Lot: 21
  • Municipality: WORCESTER
  • Latitude: 42.3024
  • Longitude: -71.7715

    Address

  • Full Address: 15 Miami St
  • Address - House Number: 15
  • Address - Street Name: Miami
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C021
  • 4-Digit Zip Code: 1613
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $433,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 374,121
  • High Value: 450,071
  • Low Value: 298,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,600
  • Assessed Land Value: $61,300
  • Assessed Improvements Value: $241,300

    Sales

  • Current Sale Contract Date: Mar 24, 2020
  • Current Sale Recording Date: Mar 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31103
  • Previous Sale Recording Date: Feb 14, 2020
  • Previous Sale Contract Date: Feb 11, 2020
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: O
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 North Lincoln Street

Stats & Trends

Median Asking:

$464,450

Sale Price/ft²

$283

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1903 ft²

Average Home Age

80.9 years

Currently For Sale

9 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: 5 months ago
Data Source: MLS PIN, MLS# 72636201

Frequently Asked Questions

When was property at 15 Miami Street built and last sold?
The property at 15 Miami Street was built in 1989 and last sold on Mar 24, 2020 for $167,000.
How much is this home worth?
The estimated value of the home located at 15 Miami Street is $179,264.
What are some comparable homes to 15 Miami Street?
There are currently no comparable homes to 15 Miami Street.
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