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Worcester 01610 University Park
15 Shepard Street
$139,000
● House - Off Market

15 Shepard Street

Worcester, MA 01610
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,480 Ft²
$234,291
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Super 4 Bedroom Home in Convenient Location!  All new wood laminate and tile flooring.  Newer roof and interior paint.  First floor has large eat-in kitchen, open living room and dining room, bedroom and 1/2 bath. Second floor has three bedrooms, full bathroom and nice large hallway.  Enclosed porch on front, small deck and small yard in back.   This is a move-in ready home!
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$98
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1890

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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 #72102170)

Price History

Date / Event Date Event Price
May 8, 2017 Sold
Premium
Sold
Dec 14, 2016 Listed by C. B. Blair Real Estate $145,000
Listed by C. B. Blair Real Estate
Mar 19, 2009 Sold
Premium
Sold
Feb 4, 2009 Listed by C. B. Blair Real Estate $35,900
Listed by C. B. Blair Real Estate
Mar 28, 2005 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • 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: 815
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,467
  • Total Building Area: 1,480
  • Gross Building Area: 2,576
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000057
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731400

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 6-025-00027
  • Parcel: WORC M:06 B:025 L:00027
  • Block: 25
  • Lot: 27
  • Municipality: WORCESTER
  • Latitude: 42.2558
  • Longitude: -71.8153

    Address

  • Full Address: 15 Shepard St
  • Address - House Number: 15
  • Address - Street Name: Shepard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C016
  • 4-Digit Zip Code: 1425
  • Zip Code: 01610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $312,800

    Appraisal Valuation

  • Standard Deviation: 0.2319
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 53
  • Final Value: 282,668
  • High Value: 348,241
  • Low Value: 217,094

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,100
  • Assessed Land Value: $33,300
  • Assessed Improvements Value: $184,800

    Sales

  • Current Sale Recording Date: May 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46469
  • Previous Sale Recording Date: Mar 19, 2009
  • Previous Sale Amount: $35,101
  • 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 University Park

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$210

Below Asking

0.03%

Average Days on Market

70

Average Home Size

4041 ft²

Average Home Age

118.4 years

Currently For Sale

10 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72102170

Frequently Asked Questions

When was property at 15 Shepard Street built and last sold?
The property at 15 Shepard Street was built in 1890 and last sold on Jan 1, 1970 for $139,000.
How much is this home worth?
The estimated value of the home located at 15 Shepard Street is $149,268.
What are some comparable homes to 15 Shepard Street?
There are currently no comparable homes to 15 Shepard Street.
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