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Worcester 01609 Salisbury Street
18 Pine Tree Drive
$140,000
● House - Off Market

18 Pine Tree Drive

Worcester, MA 01609
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,457 Ft²
$463,176
RealtyHop Estimate
219.65%
Since Jul 1, 1999
National-US
Primary Model

About This Property

VERY NICE RANCH IN A GREAT FAMILY NEIGHBORHOOD, TERRIFIC FAMILY ROOM OFF KITCHEN, HARDWOOD UNDER CARPET IN LR, DR, & BRMS. 2 FIREPLACES, FINISHED ROOM WITH FIREPLACE IN BASEMENT.
Unit Size
1,457 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$99
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1950

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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 #30314339)

Price History

Date / Event Date Event Price
Jun 30, 1999 Sold
Premium
Sold
Apr 27, 1999 Listed $144,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • 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: 1,257
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,730
  • Total Building Area: 1,457
  • Gross Building Area: 2,914
  • Building Area: 1,457
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,457
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERITAGE BLDG SALISBURY WEST
  • Land Acres: 0000000223
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730801

Zoning

  • Zoning: RS-10

Geography

  • Account Number: 20-041-0034B
  • Parcel: WORC M:20 B:041 L:0034B
  • Block: 41
  • Lot: 34B
  • Municipality: WORCESTER
  • Latitude: 42.2799
  • Longitude: -71.8196

    Address

  • Full Address: 18 Pine Tree Dr
  • Address - House Number: 18
  • Address - Street Name: Pine Tree
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 1408
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $495,000

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 448,121
  • High Value: 531,742
  • Low Value: 364,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,200
  • Assessed Land Value: $103,100
  • Assessed Improvements Value: $242,100

    Sales

  • Current Sale Recording Date: Jun 30, 1999
  • Current Sale Price:
    Premium
  • Current 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 Salisbury Street

Stats & Trends

Median Asking:

$646,700

Sale Price/ft²

$265

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3199 ft²

Average Home Age

85.9 years

Currently For Sale

13 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 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30314339

Frequently Asked Questions

When was property at 18 Pine Tree Drive built and last sold?
The property at 18 Pine Tree Drive was built in 1950 and last sold on Jan 1, 1970 for $139,500.
How much is this home worth?
The estimated value of the home located at 18 Pine Tree Drive is $0.
What are some comparable homes to 18 Pine Tree Drive?
There are currently no comparable homes to 18 Pine Tree Drive.
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