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Worcester
2 Diane Ave
$453,500
● House - Off Market

2 Diane Ave

Auburn, MA 01501
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,757 Ft²
$406,449
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

**Offer deadline Monday 8/28 5pm** Charming cape located in a beautiful established neighborhood near the center of Auburn. Situated on a lovely corner lot with close proximity to schools, highways and shopping.  With 4 bedrooms and 2 full bathrooms along with a finished room in the basement there is plenty of room for everyone. Some updates in bedrooms and throughout the house. Very new furnace, updated electrical and town utilities. The home is in "move in ready" condition, all you need is to make it your own! A wonderful way to get into this great town at a reasonable price point.
Unit Size
1,757 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$233
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1952

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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: 5 months ago (MLSPIN #73151271)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Aug 29, 2023 In contract -
In contract
Aug 22, 2023 Listed by Lamacchia Realty, Inc. $409,000
Listed by Lamacchia Realty, Inc.
Feb 8, 2023 Sold
Premium
Sold
Dec 11, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,125
  • Total Building Area: 1,757
  • Gross Building Area: 3,194
  • Building Area: 1,757
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,757
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000255
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Auburn School District
  • School Tax School District: AUBURN SD
  • Census Tract: 736500

Geography

  • Account Number: 5205
  • District: 17
  • Parcel: AUBU M:0056 L:0009
  • Lot: 9
  • Municipality: AUBURN
  • Latitude: 42.1884
  • Longitude: -71.8378

    Address

  • Full Address: 2 Diane Ave
  • Address - House Number: 2
  • Address - Street Name: Diane
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Auburn
  • Carrier Code: C013
  • 4-Digit Zip Code: 2809
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $581,400

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 458,547
  • High Value: 540,357
  • Low Value: 376,738

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $389,400
  • Assessed Land Value: $130,800
  • Assessed Improvements Value: $258,600

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81186
  • Previous Sale Recording Date: Feb 08, 2023
  • Previous Sale Contract Date: Feb 08, 2023
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: 35
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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73151271

Frequently Asked Questions

When was property at 2 Diane Avenue built and last sold?
The property at 2 Diane Avenue was built in 1952 and last sold on Sep 29, 2023 for $453,500.
How much is this home worth?
The estimated value of the home located at 2 Diane Avenue is $416,728.
What are some comparable homes to 2 Diane Avenue?
There are currently no comparable homes to 2 Diane Avenue.
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