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Worcester 01602 Webster Square
2 4th Street
$175,900
● House - Off Market

2 4th Street

Worcester, MA 01602
bedrooms
2 Beds
bathrooms
1 Bath
square feet
650 Ft²
$237,239
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

MULTIPLE OFFERS-PLEASE SUBMIT BEST AND FINAL OFFERS BY TUESDAY FEBRUARY 18. Attention buyers! This cape style home has a lot of potential with room for expansion on 2nd level attic! First level features an open floor plan with living room/kitchen, 2 bedrooms, full bath and hardwood flooring. With some work this could be a great home for the empty-Nester or a starter home for the young family.  Nice private level back yard complements this home. Very convenient location, near Coes Pond, schools, shopping and within minutes to area highways and Worcester Airport. This one needs work but it could be worth it!
Unit Size
650 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$255
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1932

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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 #72612072)

Price History

Date / Event Date Event Price
Mar 9, 2021 Sold
Premium
Sold
Jan 28, 2021 Listed by HJRealty Group, LLC $295,000
Listed by HJRealty Group, LLC
Mar 18, 2020 Sold
Premium
Sold
Jan 26, 2020 Listed by HJRealty Group, LLC $165,900
Listed by HJRealty Group, LLC
Feb 12, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • 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: 2
  • Basement Area: 780
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,100
  • Total Building Area: 1,170
  • Gross Building Area: 2,388
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731002

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 42-030-00157
  • Parcel: WORC M:42 B:030 L:00157
  • Block: 30
  • Lot: 157
  • Municipality: WORCESTER
  • Latitude: 42.2564
  • Longitude: -71.8482

    Address

  • Full Address: 2 4th St
  • Address - House Number: 2
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C033
  • 4-Digit Zip Code: 3108
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $457,400

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 408,927
  • High Value: 479,128
  • Low Value: 338,726

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,000
  • Assessed Land Value: $71,400
  • Assessed Improvements Value: $247,600

    Sales

  • Current Sale Contract Date: Mar 09, 2021
  • Current Sale Recording Date: Mar 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32812
  • Previous Sale Recording Date: Mar 18, 2020
  • Previous Sale Contract Date: Mar 12, 2020
  • Previous Sale Amount: $175,900
  • Previous Sale Document Type: O
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 Webster Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2368 ft²

Average Home Age

94.8 years

Currently For Sale

26 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72612072

Frequently Asked Questions

When was property at 2 4th Street built and last sold?
The property at 2 4th Street was built in 1932 and last sold on Mar 9, 2021 for $320,000.
How much is this home worth?
The estimated value of the home located at 2 4th Street is $302,836.
What are some comparable homes to 2 4th Street?
There are currently no comparable homes to 2 4th Street.
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