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Worcester 01605 Biotech Park Area
16 Cadorna Rd
$320,000
● House - Off Market

16 Cadorna Rd

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,052 Ft²
$523,309
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Young Contemporary Split Level in sought after Umass Med School Area* Sunsplashed open floor plan with soaring cathedral ceilings & Hardwood Floors* Living room with Fireplace* Great Kitchen with oversized island, Espresso cabinets, stainless appliances & granite counters* Hardwood Dining room with slider to deck with waterviews* Master bedroom with en-suite bath and walk-in closet* two additional bedrooms with hardwoods* Finished walkout lower level with second fireplace* two car garage with openers* FHA heating with central air* 5 Minute walk to UMMC* Great access to schools, shopping, and major routes
Unit Size
2,052 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$161
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
2014

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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 #72233928)

Price History

Date / Event Date Event Price
Aug 2, 2021 Sold
Premium
Sold
Jun 24, 2021 Listed by RE/MAX Advantage 1 $449,500
Listed by RE/MAX Advantage 1
Nov 30, 2017 Sold
Premium
Sold
Sep 26, 2017 Listed by RE/MAX Advantage 1 $329,900
Listed by RE/MAX Advantage 1
May 23, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 624
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,580
  • Total Building Area: 1,428
  • Gross Building Area: 2,944
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000335
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 46-004-26-3A
  • Parcel: WORC M:46 B:004 L:26-3A
  • Block: 4
  • Lot: 26-3A
  • Municipality: WORCESTER
  • Latitude: 42.2816
  • Longitude: -71.7621

    Address

  • Full Address: 16 Cadorna Rd
  • Address - House Number: 16
  • Address - Street Name: Cadorna
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C001
  • 4-Digit Zip Code: 2304
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $680,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 552,296
  • High Value: 651,060
  • Low Value: 453,533

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474,300
  • Assessed Land Value: $106,600
  • Assessed Improvements Value: $367,700

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108211
  • Previous Sale Recording Date: Nov 30, 2017
  • Previous Sale Amount: $320,000
  • 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 Biotech Park Area

Stats & Trends

Median Asking:

$559,900

Sale Price/ft²

$248

Below Asking

0.04%

Average Days on Market

61

Average Home Size

2798 ft²

Average Home Age

91.3 years

Currently For Sale

4 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: 4 months ago
Data Source: MLS PIN, MLS# 72233928

Frequently Asked Questions

When was property at 16 Cadorna Road built and last sold?
The property at 16 Cadorna Road was built in 2014 and last sold on Jul 22, 2021 for $487,000.
How much is this home worth?
The estimated value of the home located at 16 Cadorna Road is $447,583.
What are some comparable homes to 16 Cadorna Road?
There are currently no comparable homes to 16 Cadorna Road.
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