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Worcester 01603 Webster Square
2 Catalpa Cir
$108,000
● House - Off Market

2 Catalpa Cir

Worcester, MA 01603
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,242 Ft²
$237,316
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

RECENTLY RENOVATED ATTACHED COLONIAL IN WEBSTER SQUARE NEIGHBORHOOD.  1ST 15 DAYS OF LISTING FOR OWNER OCCUPANCY ONLY PER FREDDIE 1ST LOOK INITIATIVE TILL 7/21/2012. **SELLER OFFERING $500 TOWARDS A HOME WARRANTY FOR OWNER OCCUPANCY ONLY** MUST BE IN MLS 48 HOURS BEFORE SELLER WILL LOOK AT OFFERS
Unit Size
1,242 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$88
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1987

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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 #71406007)

Price History

Date / Event Date Event Price
Mar 11, 2021 Sold
Premium
Sold
Jan 27, 2021 Listed by Innovative Real Estate Solutions LLC $249,900
Listed by Innovative Real Estate Solutions LLC
Nov 7, 2012 Sold
Premium
Sold
Jul 6, 2012 Listed by Innovative Real Estate Solutions LLC $109,900
Listed by Innovative Real Estate Solutions LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 31
  • 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: 621
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,939
  • Total Building Area: 1,242
  • Gross Building Area: 2,295
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CATALPA CIRCLE
  • Land Acres: 0000000113
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 15-048-01-32
  • Parcel: WORC M:15 B:048 L:01-32
  • Block: 48
  • Lot: 1-32
  • Municipality: WORCESTER
  • Latitude: 42.2465
  • Longitude: -71.8438

    Address

  • Full Address: 2 Catalpa Cir
  • Address - House Number: 2
  • Address - Street Name: Catalpa
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Worcester
  • Carrier Code: C010
  • 4-Digit Zip Code: 1841
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $386,900

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 354,515
  • High Value: 413,721
  • Low Value: 295,309

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,800
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $199,800

    Sales

  • Current Sale Contract Date: Mar 11, 2021
  • Current Sale Recording Date: Mar 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33855
  • Previous Sale Recording Date: Nov 07, 2012
  • Previous Sale Amount: $108,000
  • 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

2345 ft²

Average Home Age

93.4 years

Currently For Sale

25 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71406007

Frequently Asked Questions

When was property at 2 Catalpa Circle built and last sold?
The property at 2 Catalpa Circle was built in 1987 and last sold on Mar 11, 2021 for $268,000.
How much is this home worth?
The estimated value of the home located at 2 Catalpa Circle is $260,990.
What are some comparable homes to 2 Catalpa Circle?
There are currently no comparable homes to 2 Catalpa Circle.
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