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Worcester 01609 Institute Park
2 Einhorn Road
$293,000
● House - Off Market

2 Einhorn Road

Worcester, MA 01609
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,718 Ft²
$559,318
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Single family home in move in condition located near Elm Park, WPI and Becker.  Updates have been completed to wiring, insulation, roof, kitchen, full bathrooms, energy efficient heating system, 3rd floor master suite, fully wired fire alarm and security system.
Unit Size
2,718 Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72145941)

Price History

Date / Event Date Event Price
Jul 27, 2017 Sold
Premium
Sold
Apr 14, 2017 Listed by Keller Williams Realty Greater Worcester $349,900
Listed by Keller Williams Realty Greater Worcester
May 16, 2013 Sold
Premium
Sold
Oct 6, 2012 Listed by Keller Williams Realty Greater Worcester $229,000
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 15
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,244
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,815
  • Total Building Area: 2,718
  • Gross Building Area: 5,096
  • Building Area: 2,718
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,718
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731602

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 11-002-00035
  • Parcel: WORC M:11 B:002 L:00035
  • Block: 2
  • Lot: 35
  • Municipality: WORCESTER
  • Latitude: 42.271
  • Longitude: -71.8112

    Address

  • Full Address: 2 Einhorn Rd
  • Address - House Number: 2
  • Address - Street Name: Einhorn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C011
  • 4-Digit Zip Code: 2208
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $571,700

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 622,207
  • High Value: 726,119
  • Low Value: 518,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,700
  • Assessed Land Value: $76,500
  • Assessed Improvements Value: $322,200

    Sales

  • Current Sale Recording Date: Jul 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80445
  • Previous Sale Recording Date: May 16, 2013
  • Previous Sale Amount: $189,200
  • 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 Institute Park

Stats & Trends

Median Asking:

$437,500

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2478 ft²

Average Home Age

108.3 years

Currently For Sale

13 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 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera
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# 72145941

Frequently Asked Questions

When was property at 2 Einhorn Road built and last sold?
The property at 2 Einhorn Road was built in 1900 and last sold on Jan 1, 1970 for $293,000.
How much is this home worth?
The estimated value of the home located at 2 Einhorn Road is $363,332.
What are some comparable homes to 2 Einhorn Road?
There are currently no comparable homes to 2 Einhorn Road.
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