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Worcester 01605 Central Business District
2 Shelby Place
$100,000
● House - Off Market

2 Shelby Place

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,226 Ft²
$256,185
RealtyHop Estimate
113.67%
Since Apr 1, 2010
National-US
Primary Model

About This Property

Condo alternative. Features 6 rooms, 3 bedrooms, 1 bath, off street parking for 2 cars. Vinyl sided, side enclosed porch, great for 1st time home buyers and $8,000 tax credit. Close to train station, Shrewsbury Street (restaurant row), all major routes & close to hospitals. Driveway patrially paved.
Unit Size
1,226 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$98
Property Type
House
Property Taxes
$181
HOA Dues
-
Year Built
1898

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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 #70988538)

Price History

Date / Event Date Event Price
Mar 31, 2010 Sold
Premium
Sold
Oct 13, 2009 Listed by Coldwell Banker Residential Brokerage - Shrewsbury $119,900
Listed by Coldwell Banker Residential Brokerage - Shrewsbury

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1898
  • Effective Year Built: 1898
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 780
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,794
  • Total Building Area: 1,245
  • Gross Building Area: 2,300
  • Building Area: 1,245
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,245
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000041
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731802

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 1-032-00023
  • Parcel: WORC M:01 B:032 L:00023
  • Block: 32
  • Lot: 23
  • Municipality: WORCESTER
  • Latitude: 42.2682
  • Longitude: -71.7917

    Address

  • Full Address: 2 Shelby Pl
  • Address - House Number: 2
  • Address - Street Name: Shelby
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Worcester
  • Carrier Code: C015
  • 4-Digit Zip Code: 3029
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $295,100

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 53
  • Final Value: 348,393
  • High Value: 428,948
  • Low Value: 267,837

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,800
  • Assessed Land Value: $39,800
  • Assessed Improvements Value: $166,000

    Sales

  • Current Sale Recording Date: Mar 31, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00032126
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 Central Business District

Stats & Trends

Median Asking:

$220,056

Sale Price/ft²

$274

Below Asking

0.03%

Average Days on Market

60

Average Home Size

654 ft²

Average Home Age

55.5 years

Currently For Sale

6 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# 70988538

Frequently Asked Questions

When was property at 2 Shelby Place built and last sold?
The property at 2 Shelby Place was built in 1898 and last sold on Jan 1, 1970 for $100,000.
How much is this home worth?
The estimated value of the home located at 2 Shelby Place is $133,221.
What are some comparable homes to 2 Shelby Place?
There are currently no comparable homes to 2 Shelby Place.
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