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Worcester 01604 Lake Park
198 Coburn Ave
$187,500
● House - Off Market

198 Coburn Ave

Worcester, MA 01604
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,321 Ft²
$354,793
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Agent owner says SELL..++++.OCCUPIED HOME 24 HOUR NOTICE++++ Highly sought after area. Walk to UMass Med Campus or Lake Park. Moments to the MassPike or Rt9. This big 4 bedroom 2 bath house has 2 fireplaces and 3 separate enclosed 3 season screened porches. Stainless under mount Kitchen sink with REAL GRANITE counters and new flooring. Oversized yard may be big enough to ad another attached house. Recent siding with insulation and replacement exterior doors. Replacement windows too. Hardwoods Galore! Gas stove.  Many newer baseboards and plumbing repairs including recently replaced toilets and faucets. Young electrical. Cedar storage closet.
Unit Size
1,321 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$151
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71820382)

Price History

Date / Event Date Event Price
Aug 28, 2015 Sold
Premium
Sold
Apr 20, 2015 Listed by George Russell Realty, LLC $199,900
Listed by George Russell Realty, LLC
Dec 4, 2012 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 820
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,384
  • Total Building Area: 1,321
  • Gross Building Area: 2,669
  • Building Area: 1,321
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,321
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000353
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732201

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 17-019-26+28
  • Parcel: WORC M:17 B:019 L:26+28
  • Block: 19
  • Lot: 26+28
  • Municipality: WORCESTER
  • Latitude: 42.2653
  • Longitude: -71.7597

    Address

  • Full Address: 198 Coburn Ave
  • Address - House Number: 198
  • Address - Street Name: Coburn
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C008
  • 4-Digit Zip Code: 1134
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $505,600

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 432,130
  • High Value: 519,811
  • Low Value: 344,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $352,600
  • Assessed Land Value: $103,500
  • Assessed Improvements Value: $249,100

    Sales

  • Current Sale Recording Date: Aug 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88792
  • Previous Sale Recording Date: Dec 04, 2012
  • Previous Sale Amount: $60,000
  • 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 Lake Park

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$280

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1335 ft²

Average Home Age

43.8 years

Currently For Sale

8 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 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 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# 71820382

Frequently Asked Questions

When was property at 198 Coburn Avenue built and last sold?
The property at 198 Coburn Avenue was built in 1955 and last sold on Jan 1, 1970 for $187,500.
How much is this home worth?
The estimated value of the home located at 198 Coburn Avenue is $200,935.
What are some comparable homes to 198 Coburn Avenue?
There are currently no comparable homes to 198 Coburn Avenue.
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