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Worcester 01606 Indian Hill
2 Hockanum Way
$375,000
● House - Off Market

2 Hockanum Way

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,604 Ft²
$372,661
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Location, location. This home has 2-3 bedrooms, 2 full baths, a beautiful backyard and its off Indian hill area. The home is newly renovated and just waiting for a new owner. It has a new roof, a stunning white kitchen cabinetry, quartz countertops and brand new appliances, enclosed front porch with vinyl plank floor. First floor has a huge living room that can be used for a master bedroom and wide opened staircase hardwood flooring lead to other two bedrooms on the second floor. Lower level finished with a full shower, just freshly painted. It may qualify for all type of financing, nothing more to work on besides moving in and enjoying your summer here.
Unit Size
1,604 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$234
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1910

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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 #73141802)

Price History

Date / Event Date Event Price
Sep 18, 2023 Sold
Premium
Sold
Jul 31, 2023 In contract -
In contract
Jul 28, 2023 Listed by Coldwell Banker Realty - Worcester $375,000
Listed by Coldwell Banker Realty - Worcester
Jul 27, 2023 Temporarily off market -
Temporarily off market
Jul 14, 2023 Relisted $195,000
Relisted
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 600
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,920
  • Total Building Area: 1,104
  • Gross Building Area: 1,904
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 1916 DEV INDIAN HILL C
  • Land Acres: 0000000159
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730100

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 37-011-00130
  • Parcel: WORC M:37 B:011 L:00130
  • Block: 11
  • Lot: 130
  • Municipality: WORCESTER
  • Latitude: 42.3067
  • Longitude: -71.8092

    Address

  • Full Address: 2 Hockanum Way
  • Address - House Number: 2
  • Address - Street Name: Hockanum
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Worcester
  • Carrier Code: C015
  • 4-Digit Zip Code: 2606
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,600

    Appraisal Valuation

  • Standard Deviation: 0.2006
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 375,427
  • High Value: 450,742
  • Low Value: 300,112

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,900
  • Assessed Land Value: $101,500
  • Assessed Improvements Value: $174,400

    Sales

  • Current Sale Contract Date: Sep 18, 2023
  • Current Sale Recording Date: Sep 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77544
  • Previous Sale Recording Date: Oct 21, 2022
  • Previous Sale Contract Date: Aug 30, 2022
  • Previous Sale Amount: $181,000
  • Previous Sale Document Type: 34
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 Indian Hill

Stats & Trends

Median Asking:

$434,450

Sale Price/ft²

$301

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2170 ft²

Average Home Age

67.6 years

Currently For Sale

8 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# 73141802

Frequently Asked Questions

When was property at 2 Hockanum Way built and last sold?
The property at 2 Hockanum Way was built in 1910 and last sold on Sep 18, 2023 for $375,000.
How much is this home worth?
The estimated value of the home located at 2 Hockanum Way is $379,367.
What are some comparable homes to 2 Hockanum Way?
There are currently no comparable homes to 2 Hockanum Way.
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