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Worcester 01604 Lake Park
199 Lake Ave.
Photo of 199 Lake Ave.
Sold on Sep 16, 2008

1

Map

$415,000
● House - Off Market

199 Lake Ave.

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,066 Ft²
$854,948
RealtyHop Estimate
95.19%
Since Oct 1, 2008
National-US
Primary Model

About This Property

WATER FRONT-LAKE QUINSIGAMOND-Possible Lease to Own, 3 Bedroom, 2 Full Bath,2 Car Garage,Fantastic Water Views from all 3 Levels.New Ceramic Tile in Kitchen&Bath Granite Counter Tops,Hardwood Flr in DR,Cathedral Ceiling LR/DR.Hugh Master Bedroom w/Great Veiw of Lake.Large Family Rm in Lower Level w/Slider to Yard/Lake.Central Vac/200 Amp Electric.Good Size,Level Lot-Nicely Landscaped,Great for Entertaining.40' Boat Dock for YOUR Water Craft.Fenced Yard.You want Lake Front this IS IT!
Unit Size
2,066 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$212
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
2000

Payment Calculator

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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 #70787311)

Price History

Date / Event Date Event Price
Sep 16, 2008 Sold
Premium
Sold
Jul 3, 2008 Listed $438,000
Listed
Jan 14, 2000 Sold
Premium
Sold
Jul 29, 1999 Listed $110,000
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 1,120
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,610
  • Total Building Area: 1,260
  • Gross Building Area: 3,800
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND MILLVILLE
  • Land Acres: 0000000404
  • 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: 17-028-00006
  • Parcel: WORC M:17 B:028 L:00006
  • Block: 28
  • Lot: 6
  • Municipality: WORCESTER
  • Latitude: 42.2667
  • Longitude: -71.755

    Address

  • Full Address: 199 Lake Ave
  • Address - House Number: 199
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C008
  • 4-Digit Zip Code: 1137
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $917,100

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 773,041
  • High Value: 895,415
  • Low Value: 650,667

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $639,545
  • Assessed Land Value: $347,445
  • Assessed Improvements Value: $292,100

    Sales

  • Current Sale Recording Date: Sep 16, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00103607
  • Previous Sale Recording Date: Jan 14, 2000
  • Previous Sale Amount: $100,000
  • 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# 70787311

Frequently Asked Questions

When was property at 199 Lake Avenue built and last sold?
The property at 199 Lake Avenue was built in 2000 and last sold on Jan 1, 1970 for $415,000.
How much is this home worth?
The estimated value of the home located at 199 Lake Avenue is $466,468.
What are some comparable homes to 199 Lake Avenue?
There are currently no comparable homes to 199 Lake Avenue.
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