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Worcester 01606 Burncoat
2 Ontario
$189,900
● House - Off Market

2 Ontario

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,312 Ft²
$337,237
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

New Roof installed October 2014!!Move right in to this spacious three bedroom cape in desireable Burncoat area! Loaded with charm and character.  Hardwood floors, Family room with Fireplace and built in bookcase.  Front entryway.  Gas Heat,  Back yard almost entirely fenced in.  One car garage for additional storage. Easy access to highway.
Unit Size
1,312 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$145
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1940

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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 #71851479)

Price History

Date / Event Date Event Price
May 14, 2021 Sold
Premium
Sold
Mar 12, 2021 Listed by Dechiaro Real Estate $299,999
Listed by Dechiaro Real Estate
Jul 29, 2015 Sold
Premium
Sold
Jun 4, 2015 Listed by Dechiaro Real Estate $189,900
Listed by Dechiaro Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 872
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 1,312
  • Gross Building Area: 2,662
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730200

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 36-028-00001
  • Parcel: WORC M:36 B:028 L:00001
  • Block: 28
  • Lot: 1
  • Municipality: WORCESTER
  • Latitude: 42.3056
  • Longitude: -71.7862

    Address

  • Full Address: 2 Ontario St
  • Address - House Number: 2
  • Address - Street Name: Ontario
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C026
  • 4-Digit Zip Code: 2116
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $453,300

    Appraisal Valuation

  • Standard Deviation: 0.2006
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 408,621
  • High Value: 490,595
  • Low Value: 326,646

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,100
  • Assessed Land Value: $95,900
  • Assessed Improvements Value: $220,200

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67204
  • Previous Sale Recording Date: Jul 29, 2015
  • Previous Sale Amount: $189,900
  • 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 Burncoat

Stats & Trends

Median Asking:

$429,900

Sale Price/ft²

$307

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1540 ft²

Average Home Age

48.2 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71851479

Frequently Asked Questions

When was property at 2 Ontario Street built and last sold?
The property at 2 Ontario Street was built in 1940 and last sold on May 14, 2021 for $357,000.
How much is this home worth?
The estimated value of the home located at 2 Ontario Street is $305,896.
What are some comparable homes to 2 Ontario Street?
There are currently no comparable homes to 2 Ontario Street.
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