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Worcester 01602 Webster Square
2 Maher Street
$255,000
● House - Off Market

2 Maher Street

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,638 Ft²
$524,954
RealtyHop Estimate
101.98%
Since Aug 1, 2004
National-US
Primary Model

About This Property

Outstanding, meticulously maintained 3 bedroom Colonial, 1.5 baths, applianced eat in kitchen, 1st floor laudry,slider to deck, spacious rooms,fenced private yard, garage, dead end street in Worcester's West side. **Subject to sellers finding suitable housing.
Unit Size
1,638 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$159
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1986

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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 #70025631)

Price History

Date / Event Date Event Price
Jun 25, 2004 Sold
Premium
Sold
Apr 27, 2004 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $259,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 600
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,795
  • Total Building Area: 1,680
  • Gross Building Area: 2,904
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 51-002-0009A
  • Parcel: WORC M:51 B:002 L:0009A
  • Block: 2
  • Lot: 9A
  • Municipality: WORCESTER
  • Latitude: 42.261
  • Longitude: -71.8494

    Address

  • Full Address: 2 Maher St
  • Address - House Number: 2
  • Address - Street Name: Maher
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C033
  • 4-Digit Zip Code: 2826
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $477,200

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 426,114
  • High Value: 508,801
  • Low Value: 343,427

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,800
  • Assessed Land Value: $85,700
  • Assessed Improvements Value: $247,100

    Sales

  • Current Sale Recording Date: Feb 12, 2008
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 00014195
  • Previous Sale Recording Date: Jun 25, 2004
  • Previous Sale Amount: $258,000
  • Previous 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 Webster Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2413 ft²

Average Home Age

92 years

Currently For Sale

24 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70025631

Frequently Asked Questions

When was property at 2 Maher Street built and last sold?
The property at 2 Maher Street was built in 1986 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Maher Street is $273,333.
What are some comparable homes to 2 Maher Street?
There are currently no comparable homes to 2 Maher Street.
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