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Worcester 01603 Webster Square
16 Ludlow St
$190,000
● House - Off Market

16 Ludlow St

Worcester, MA 01603
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,996 Ft²
$352,994
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Beautiful home in Worcester! Fenced in yard with wrap around porch. Large kitchen w/ laminate.. refrigerator 2011, stove 2012, dishwasher, island.. Large full bath fits stable washer and dryer, laminate floor.. Over sized living room with hardwood floors or use as dining room/living room.. Bedroom on first floor, hardwood floors.. Large closet.. 3 large bedrooms upstairs with hardwood floors each with 2 large closets.. Large bonus room upstairs with no closet but could be used as extra bedroom or an office.. Underneath the flooring in the bonus room is hardwood flooring like the rest of the house.. Roof is 5 years old.. Electrical box was updated and electrical in basement and kitchen and bathroom on first floor has been updated.. Main entry doors were replaced.. Time sensored lighting lights the drive way..
Unit Size
1,996 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$100
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1903

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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 #71888678)

Price History

Date / Event Date Event Price
Oct 27, 2015 Sold
Premium
Sold
Aug 12, 2015 Listed by EXIT Realty Partners $199,000
Listed by EXIT Realty Partners

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • 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: 1,134
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,783
  • Total Building Area: 1,996
  • Gross Building Area: 3,680
  • Building Area: 1,996
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,996
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 733102

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 15-016-00004
  • Parcel: WORC M:15 B:016 L:00004
  • Block: 16
  • Lot: 4
  • Municipality: WORCESTER
  • Latitude: 42.2373
  • Longitude: -71.8559

    Address

  • Full Address: 16 Ludlow St
  • Address - House Number: 16
  • Address - Street Name: Ludlow
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C013
  • 4-Digit Zip Code: 1122
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $457,600

    Appraisal Valuation

  • Standard Deviation: 0.2035
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 432,586
  • High Value: 520,657
  • Low Value: 344,516

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,100
  • Assessed Land Value: $85,700
  • Assessed Improvements Value: $233,400

    Sales

  • Current Sale Recording Date: Oct 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112982
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

2345 ft²

Average Home Age

93.4 years

Currently For Sale

25 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71888678

Frequently Asked Questions

When was property at 16 Ludlow Street built and last sold?
The property at 16 Ludlow Street was built in 1903 and last sold on Jan 1, 1970 for $190,000.
How much is this home worth?
The estimated value of the home located at 16 Ludlow Street is $218,114.
What are some comparable homes to 16 Ludlow Street?
There are currently no comparable homes to 16 Ludlow Street.
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