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Worcester 01581
16 Pine Crest Drive
$285,000
● House - Off Market

16 Pine Crest Drive

Worcester, MA 01581
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,790 Ft²
$390,938
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Location, location~~~~ Perfect setting that it has a privacy/ tucked away from Route 20 Worcester/ Shrewsbury line/ Lake Quinsigamond.near by. IF you are looking for a 3 bedroom in one level living? It is the one~~~~ It has too many awesome features: Wood fireplace, bay windows and replacement windows, hardwood floor throughout~~~ Granite counter top~~~ Stainless steel appliances~~~~~~ inground pool~~~ Concrete deck~~~~ Level yard~~~ New boiler and lower level heated/ partially finished for your entertainment needs~~~ updated electrical~~~New walkway~~~~~ Come to view it and you will not be disappointed~~~~~ Please submit your highest and best offer by Wednesday 5pm!
Unit Size
1,790 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$148
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1957

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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: 5 years ago (MLSPIN #72482420)

Price History

Date / Event Date Event Price
Jul 21, 2021 Sold
Premium
Sold
Apr 25, 2021 Listed by McParland Realty $649,900
Listed by McParland Realty
May 28, 2019 Sold
Premium
Sold
Apr 15, 2019 Listed by McParland Realty $265,000
Listed by McParland Realty
Jan 31, 2019 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,040
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,040
  • Gross Building Area: 2,438
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732801

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 41-046-00011
  • Parcel: WORC M:41 B:046 L:00011
  • Block: 46
  • Lot: 11
  • Municipality: WORCESTER
  • Latitude: 42.2381
  • Longitude: -71.7371

    Address

  • Full Address: 16 Pine Crest Dr
  • Address - House Number: 16
  • Address - Street Name: Pine Crest
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C022
  • 4-Digit Zip Code: 1403
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $477,800

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 442,664
  • High Value: 519,166
  • Low Value: 366,161

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,200
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $230,000

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47961
  • Previous Sale Recording Date: Jan 31, 2019
  • Previous Sale Contract Date: Jan 30, 2019
  • Previous Sale Amount: $161,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2401 ft²

Average Home Age

63.3 years

Currently For Sale

1983 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: 5 years ago
Data Source: MLS PIN, MLS# 72482420

Frequently Asked Questions

When was property at 16 Pinecrest Drive built and last sold?
The property at 16 Pinecrest Drive was built in 1957 and last sold on May 20, 2019 for $285,000.
How much is this home worth?
The estimated value of the home located at 16 Pinecrest Drive is $0.
What are some comparable homes to 16 Pinecrest Drive?
There are currently no comparable homes to 16 Pinecrest Drive.
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