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Worcester 01603 Webster Square
16 Bishop Ave
$325,000
● House - Off Market

16 Bishop Ave

Worcester, MA 01603
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,921 Ft²
$322,491
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Worcester classic colonial. Hidden gem tucked away on tranquil dead end street. Stunning workmanship with loads of  character.  Gorgeous built ins. Spacious home, hardwood floors throughout, crown molding, closet space galore.  Your entrance brings you to an oversized front to back fireplaced living room, sun room,  French doors. This well maintained four bedroom home offers plenty of room for the extended family.  Walk up attic. Recent roof and furnace.  Brand new hot water tank.   Hard to find a more solid well built home.    Easy to Show      Back on market  Due to Financing    Have multiple offers    Submit Highest  and best by Tuesday December 14  at 400 pm
Unit Size
1,921 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$167
Property Type
House
Property Taxes
$350
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 #72914106)

Price History

Date / Event Date Event Price
May 10, 2022 Sold
Premium
Sold
Oct 29, 2021 Listed by RE/MAX Advantage 1 $320,000
Listed by RE/MAX Advantage 1

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 15
  • 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: 1,037
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 1,921
  • Gross Building Area: 4,165
  • Building Area: 1,921
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,921
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731002

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 8-048-00003
  • Parcel: WORC M:08 B:048 L:00003
  • Block: 48
  • Lot: 3
  • Municipality: WORCESTER
  • Latitude: 42.2461
  • Longitude: -71.8419

    Address

  • Full Address: 16 Bishop Ave
  • Address - House Number: 16
  • Address - Street Name: Bishop
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C010
  • 4-Digit Zip Code: 1824
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $459,200

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 411,832
  • High Value: 493,053
  • Low Value: 330,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,200
  • Assessed Land Value: $81,400
  • Assessed Improvements Value: $238,800

    Sales

  • Current Sale Contract Date: May 09, 2022
  • Current Sale Recording Date: May 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 50928
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 Webster Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2368 ft²

Average Home Age

94.8 years

Currently For Sale

26 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72914106

Frequently Asked Questions

When was property at 16 Bishop Avenue built and last sold?
The property at 16 Bishop Avenue was built in 1925 and last sold on May 9, 2022 for $328,000.
How much is this home worth?
The estimated value of the home located at 16 Bishop Avenue is $333,435.
What are some comparable homes to 16 Bishop Avenue?
There are currently no comparable homes to 16 Bishop Avenue.
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