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Worcester 01603 University Park
19 Richards St
$103,000
● House - Off Market

19 Richards St

Worcester, MA 01603
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,400 Ft²
$238,693
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Solid as a rock in a great commuter location near colleges,schools and downtown. Four bedrooms for a growing family plus room off dining room that would be an ideal home office. Large family room/living room with lots of natural light. Kitchen has loads of cabinets and washer/dryer which convey with all kitchen appliances. Enclosed entry way  leads to secure shed/storage area for snowblowers/mowers etc. Full unfinished basement with a workshop for the handyman. Goddard school across street.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$79
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1900

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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 #71331512)

Price History

Date / Event Date Event Price
May 31, 2012 Sold
Premium
Sold
Jan 26, 2012 Listed by Realtyology, Inc./McDonald Real Estate $110,000
Listed by Realtyology, Inc./McDonald Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 860
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,035
  • Total Building Area: 1,484
  • Gross Building Area: 2,800
  • Building Area: 1,484
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,484
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731204

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 7-010-00003
  • Parcel: WORC M:07 B:010 L:00003
  • Block: 10
  • Lot: 3
  • Municipality: WORCESTER
  • Latitude: 42.2473
  • Longitude: -71.8235

    Address

  • Full Address: 19 Richards St
  • Address - House Number: 19
  • Address - Street Name: Richards
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C011
  • 4-Digit Zip Code: 2608
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $430,800

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 400,106
  • High Value: 466,926
  • Low Value: 333,286

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,400
  • Assessed Land Value: $85,400
  • Assessed Improvements Value: $215,000

    Sales

  • Current Sale Recording Date: May 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000006
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 University Park

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$210

Below Asking

0.03%

Average Days on Market

70

Average Home Size

4041 ft²

Average Home Age

118.4 years

Currently For Sale

10 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 months ago
Data Source: MLS PIN, MLS# 71331512

Frequently Asked Questions

When was property at 19 Richards Street built and last sold?
The property at 19 Richards Street was built in 1900 and last sold on Jan 1, 1970 for $103,000.
How much is this home worth?
The estimated value of the home located at 19 Richards Street is $119,015.
What are some comparable homes to 19 Richards Street?
There are currently no comparable homes to 19 Richards Street.
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