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Worcester 01603 Webster Square
2 Victor Ave
$185,000
● House - Off Market

2 Victor Ave

Worcester, MA 01603
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$456,904
RealtyHop Estimate
144.33%
Since Dec 1, 2002
National-US
Primary Model

About This Property

MINT RANCH IS ABSOLUTELY MOVE-IN!!!! NEW KITCHEN IS FULLY APPLIANCED-DINING AREA OPENS TO PRIVATE DECK WITH HOT TUB- UPDATED BATHS-LOWER LEVEL FAM. ROOM WITH 1/2 BATH-FENCED YARD-NOT A DRIVE-BY!! CLOSE TO SCHOOLS,MAIN RTES & BUS LINE
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$125
Property Type
House
Property Taxes
$141
HOA Dues
-
Year Built
1972

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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: 5 months ago (MLSPIN #30633588)

Price History

Date / Event Date Event Price
Nov 22, 2002 Sold
Premium
Sold
Aug 7, 2002 Listed by Susan Olson Realty $187,000
Listed by Susan Olson Realty
Jul 7, 1987 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 864
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 864
  • Gross Building Area: 2,038
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 864
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 733102

Zoning

  • Zoning: BL-1

Geography

  • Account Number: 15-038-00025
  • Parcel: WORC M:15 B:038 L:00025
  • Block: 38
  • Lot: 25
  • Municipality: WORCESTER
  • Latitude: 42.2358
  • Longitude: -71.851

    Address

  • Full Address: 2 Victor Ave
  • Address - House Number: 2
  • Address - Street Name: Victor
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C019
  • 4-Digit Zip Code: 1160
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $360,500

    Appraisal Valuation

  • Standard Deviation: 0.1956
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 336,184
  • High Value: 401,964
  • Low Value: 270,405

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,400
  • Assessed Land Value: $70,600
  • Assessed Improvements Value: $180,800

    Sales

  • Current Sale Recording Date: Nov 22, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 07, 1987
  • Previous Sale Amount: $100,000
  • 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:

$425,000

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

58

Average Home Size

2175 ft²

Average Home Age

82.4 years

Currently For Sale

32 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: 5 months ago
Data Source: MLS PIN, MLS# 30633588

Frequently Asked Questions

When was property at 2 Victor Avenue built and last sold?
The property at 2 Victor Avenue was built in 1972 and last sold on Jan 1, 1970 for $185,000.
How much is this home worth?
The estimated value of the home located at 2 Victor Avenue is $202,322.
What are some comparable homes to 2 Victor Avenue?
There are currently no comparable homes to 2 Victor Avenue.
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