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Worcester 01606 Indian Hill
16 Maravista Rd
$105,000
● House - Off Market

16 Maravista Rd

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,782 Ft²
$456,470
RealtyHop Estimate
297.28%
Since Sep 1, 1993
National-US
Primary Model

About This Property

SPACIOUS VILLAGE COLONIAL ON ACRE LOT. BRIGHT SUNNY HOME WITH MANY UPDATES-FURNACE, WIRING, KITCHEN, BATH. HARDWOODS THROUGHOUT, MASTER HAS OWN BATH. TOTALLY PRIVATE LOT IS GRAND- FATHERED FOR ADDITIONAL BUILDING LOT.
Unit Size
1,782 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$64
Property Type
House
Property Taxes
$111
HOA Dues
-
Year Built
1915

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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 years ago (MLSPIN #19042335)

Price History

Date / Event Date Event Price
Feb 27, 1998 Sold
Premium
Sold
May 28, 1997 Listed by Wachusett Real Estate $106,000
Listed by Wachusett Real Estate
Aug 30, 1993 Sold
Premium
Sold
Mar 6, 1993 Listed by Wachusett Real Estate $114,900
Listed by Wachusett Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 806
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 40,200
  • Total Building Area: 1,736
  • Gross Building Area: 2,817
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,736
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000923
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730100

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 49-018-00031
  • Parcel: WORC M:49 B:018 L:00031
  • Block: 18
  • Lot: 31
  • Municipality: WORCESTER
  • Latitude: 42.3259
  • Longitude: -71.807

    Address

  • Full Address: 16 Maravista Rd
  • Address - House Number: 16
  • Address - Street Name: Maravista
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C020
  • 4-Digit Zip Code: 2902
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $498,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2115
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 71
  • Final Value: 463,667
  • High Value: 561,745
  • Low Value: 365,589

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,700
  • Assessed Land Value: $104,800
  • Assessed Improvements Value: $242,900

    Sales

  • Current Sale Recording Date: Feb 27, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 30, 1993
  • Previous Sale Amount: $105,000
  • 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 Indian Hill

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$290

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1945 ft²

Average Home Age

70.3 years

Currently For Sale

11 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 19042335

Frequently Asked Questions

When was property at 16 Maravista Road built and last sold?
The property at 16 Maravista Road was built in 1915 and last sold on Jan 1, 1970 for $99,000.
How much is this home worth?
The estimated value of the home located at 16 Maravista Road is $119,808.
What are some comparable homes to 16 Maravista Road?
There are currently no comparable homes to 16 Maravista Road.
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