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Worcester 01602 Newton Square
2 Highland Terrace
$185,500
● House - Off Market

2 Highland Terrace

Worcester, MA 01602
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,698 Ft²
$445,370
RealtyHop Estimate
147.57%
Since Sep 1, 2002
National-US
Primary Model

About This Property

AFFORDABLE WESTSIDE LIVING MOVE IN COND,2-3 BR CAPE,SIDED W/UPDATED WINDOWS,ELECTRIC. FRESH PAINT AND CARPETING. FEATURES GARAGE, FIREPLACED LIVING RM, HDWOODS, NEWER CARPETS
Unit Size
1,698 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$106
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1923

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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 #30618187)

Price History

Date / Event Date Event Price
Sep 11, 2002 Sold
Premium
Sold
Jun 18, 2002 Listed by Trust Better Homes $179,900
Listed by Trust Better Homes

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 1,008
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,923
  • Total Building Area: 1,950
  • Gross Building Area: 3,596
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000159
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730802

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 11-013-00030
  • Parcel: WORC M:11 B:013 L:00030
  • Block: 13
  • Lot: 30
  • Municipality: WORCESTER
  • Latitude: 42.2705
  • Longitude: -71.8242

    Address

  • Full Address: 2 Highland Ter
  • Address - House Number: 2
  • Address - Street Name: Highland
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Worcester
  • Carrier Code: C004
  • 4-Digit Zip Code: 4200
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $476,900

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 453,167
  • High Value: 528,849
  • Low Value: 377,486

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,600
  • Assessed Land Value: $101,600
  • Assessed Improvements Value: $231,000

    Sales

  • Current Sale Recording Date: Sep 11, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Newton Square

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

60

Average Home Size

5536 ft²

Average Home Age

112.4 years

Currently For Sale

10 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30618187

Frequently Asked Questions

When was property at 2 Highland Terrace built and last sold?
The property at 2 Highland Terrace was built in 1923 and last sold on Jan 1, 1970 for $185,500.
How much is this home worth?
The estimated value of the home located at 2 Highland Terrace is $182,151.
What are some comparable homes to 2 Highland Terrace?
There are currently no comparable homes to 2 Highland Terrace.
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