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Worcester 01606 Greendale
16 Arbutus Rd
Photo of 16 Arbutus Rd
Sold on Jul 9, 2007

1

Map

$247,500
● House - Off Market

16 Arbutus Rd

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,464 Ft²
$430,763
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

WOW!HURRY,REDUCED 20K TO SELL THIS WEEK!Assessed at $268,100!Lovely 1988 Colonial,Burncoat,2 FULL BATHS, sold as is-needs carpet & paint,what a great house when you're done.Walk to Quinsig.Comm.College,bright open floor plan,ceramic tile kitchen-updated stove&dishwasher, fireplaced liv room, DR leads to deck,level fenced backyard.Master bedroom,walk-in closet & vaulted ceiling.Fam. room on lower level offers addit sq.footage(not in GLA),plus large area for storage.Vinyl sided.Bank Approv needed
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$171
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
1988

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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: 4 months ago (MLSPIN #70588064)

Price History

Date / Event Date Event Price
Jul 9, 2007 Sold
Premium
Sold
May 30, 2007 Listed $249,900
Listed
Jan 29, 2004 Sold
Premium
Sold
Nov 21, 2003 Listed $259,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 720
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,608
  • Total Building Area: 1,500
  • Gross Building Area: 2,236
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

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

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730200

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 23-035-00045
  • Parcel: WORC M:23 B:035 L:00045
  • Block: 35
  • Lot: 45
  • Municipality: WORCESTER
  • Latitude: 42.315
  • Longitude: -71.7884

    Address

  • Full Address: 16 Arbutus Rd
  • Address - House Number: 16
  • Address - Street Name: Arbutus
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C010
  • 4-Digit Zip Code: 1505
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $471,200

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 414,929
  • High Value: 494,973
  • Low Value: 334,884

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,600
  • Assessed Land Value: $98,900
  • Assessed Improvements Value: $229,700

    Sales

  • Current Sale Recording Date: Jul 09, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00090438
  • Previous Sale Recording Date: Jan 29, 2004
  • Previous Sale Amount: $248,500
  • 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# 70588064

Frequently Asked Questions

When was property at 16 Arbutus Road built and last sold?
The property at 16 Arbutus Road was built in 1988 and last sold on Jan 1, 1970 for $247,400.
How much is this home worth?
The estimated value of the home located at 16 Arbutus Road is $263,438.
What are some comparable homes to 16 Arbutus Road?
There are currently no comparable homes to 16 Arbutus Road.
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