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Worcester 01534
1966 Hill St
$235,000
● House - Off Market

1966 Hill St

Northbridge, MA 01534
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,382 Ft²
$364,573
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

A great starter home for the buyer that wants to add their own touch. This home has been loved by the owner for 41 years and now it's time to make it yours. Downstairs bedrooms make it great for the downsizer too. Upstairs there are 2 large rooms that would make a great office, workout room, rec room etc. The electrical panel, boiler, bathroom and roof have all been updated in the last 10 years. Outside the large flat yard is perfect for barbecues and entertaining. This one won't last so get in now to see it! Quick close possible and easy to show.
Unit Size
1,382 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$174
Property Type
House
Property Taxes
$229
HOA Dues
-
Year Built
1948

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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: 6 months ago (MLSPIN #72423412)

Price History

Date / Event Date Event Price
Jan 18, 2019 Sold
Premium
Sold
Nov 12, 2018 Listed by ERA Key Realty Services $239,900
Listed by ERA Key Realty Services

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Basement Area: 1,264
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 1,382
  • Gross Building Area: 2,648
  • Building Area: 1,382
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,382
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northbridge School District
  • Census Tract: 750200

Geography

  • Parcel: NBRI M:00019 B:00014
  • Block: 14
  • Municipality: NORTHBRIDGE
  • Latitude: 42.1614
  • Longitude: -71.6814

    Address

  • Full Address: 1966 Hill St
  • Address - House Number: 1966
  • Address - Street Name: Hill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Northbridge
  • Carrier Code: R002
  • 4-Digit Zip Code: 1032
  • Zip Code: 01534

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,000

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 393,538
  • High Value: 466,260
  • Low Value: 320,815

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,800
  • Assessed Land Value: $137,300
  • Assessed Improvements Value: $167,500

    Sales

  • Current Sale Contract Date: Jan 17, 2019
  • Current Sale Recording Date: Jan 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5695
  • Previous Sale Recording Date: Jan 18, 2019
  • Previous Sale Contract Date: Jan 17, 2019
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 71
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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2381 ft²

Average Home Age

65.5 years

Currently For Sale

1967 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: 6 months ago
Data Source: MLS PIN, MLS# 72423412

Frequently Asked Questions

When was property at 1966 Hill Street built and last sold?
The property at 1966 Hill Street was built in 1948 and last sold on Jan 17, 2019 for $235,000.
How much is this home worth?
The estimated value of the home located at 1966 Hill Street is $250,579.
What are some comparable homes to 1966 Hill Street?
There are currently no comparable homes to 1966 Hill Street.
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