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Worcester 01605 Biotech Park Area
2 Bryn Mawr Ave
$400,000
● House - Off Market

2 Bryn Mawr Ave

Worcester, MA 01605
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,856 Ft²
$358,080
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Opportunity awaits! This four bedroom colonial on nearly 1/4 acre is waiting for your personal touches and cosmetic updates to make it into a one of a kind home! Lots of potential lies behind the front door with large room sizes and hardwood flooring hidden beneath the wall to wall carpet! A first floor, dedicated office space leads off the family room for those working at home. The basement contains yet more usable space with a huge game room and bonus room as well as a laundry area. There's a large shed in the backyard providing ample storage for yard tools and you can enjoy the sun and host barbecues from your patio. This is a blank canvas which, with your imagination and sweat equity, could be a great property! Property is being sold as-is.
Unit Size
1,856 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$189
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1950

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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 #72983379)

Price History

Date / Event Date Event Price
Jul 15, 2022 Sold
Premium
Sold
May 18, 2022 Listed by Keller Williams Boston MetroWest $350,000
Listed by Keller Williams Boston MetroWest

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 768
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,856
  • Gross Building Area: 2,680
  • Building Area: 1,856
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,856
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732002

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 39-017-00537
  • Parcel: WORC M:39 B:017 L:00537
  • Block: 17
  • Lot: 537
  • Municipality: WORCESTER
  • Latitude: 42.2879
  • Longitude: -71.7737

    Address

  • Full Address: 2 Bryn Mawr Ave
  • Address - House Number: 2
  • Address - Street Name: Bryn Mawr
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 2206
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $538,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2367
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 440,628
  • High Value: 544,962
  • Low Value: 336,294

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,600
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $272,400

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 120559
  • Previous Sale Recording Date: Jun 02, 2009
  • Previous Sale Document Type: 48
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 Biotech Park Area

Stats & Trends

Median Asking:

$556,750

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2342 ft²

Average Home Age

77.3 years

Currently For Sale

4 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: 6 months ago
Data Source: MLS PIN, MLS# 72983379

Frequently Asked Questions

When was property at 2 Bryn Mawr Avenue built and last sold?
The property at 2 Bryn Mawr Avenue was built in 1950 and last sold on Jul 15, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 2 Bryn Mawr Avenue is $362,569.
What are some comparable homes to 2 Bryn Mawr Avenue?
There are currently no comparable homes to 2 Bryn Mawr Avenue.
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