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Worcester 01602 Newton Square
21 Colonial Road
$550,000
● House - Off Market

21 Colonial Road

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,048 Ft²
$526,383
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Multiple offer situation.  Please contact listing agent.  Your search will end here!  Young resale, corner lot Colonial on the West Side offers an open, airy floor plan with beautiful hardwood flooring throughout.  Bright kitchen with top of the line appliances and a slider to the deck overlooking manageable yard.  Pretty paved walkway leads you into this expansive three bedroom home with first floor laundry.  23x23 Unfinished space in lower level walk-out makes nice storage space, or finish it off for playroom, etc..  Move right in to this beauty and enjoy!
Unit Size
2,048 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$244
Property Type
House
Property Taxes
$565
HOA Dues
-
Year Built
2016

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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 #72930984)

Price History

Date / Event Date Event Price
Feb 10, 2022 Sold
Premium
Sold
Jan 4, 2022 Listed by RE/MAX Vision $499,900
Listed by RE/MAX Vision
Apr 28, 2017 Sold
Premium
Sold
Nov 3, 2016 Listed by RE/MAX Vision $379,900
Listed by RE/MAX Vision
Sep 13, 2016 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 620
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,460
  • Total Building Area: 2,048
  • Gross Building Area: 3,386
  • Building Area: 2,048
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,048
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000263
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730901

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 24-015-01B-2
  • Parcel: WORC M:24 B:015 L:01B-2
  • Block: 15
  • Lot: 1B-2
  • Municipality: WORCESTER
  • Latitude: 42.2701
  • Longitude: -71.8356

    Address

  • Full Address: 21 Colonial Rd
  • Address - House Number: 21
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C029
  • 4-Digit Zip Code: 2540
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $745,500

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 621,692
  • High Value: 719,639
  • Low Value: 523,745

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $519,900
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $416,600

    Sales

  • Current Sale Contract Date: Feb 10, 2022
  • Current Sale Recording Date: Feb 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16458
  • Previous Sale Recording Date: Apr 28, 2017
  • Previous Sale Amount: $360,000
  • 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 Newton Square

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

60

Average Home Size

5693 ft²

Average Home Age

114 years

Currently For Sale

9 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72930984

Frequently Asked Questions

When was property at 21 Colonial Road built and last sold?
The property at 21 Colonial Road was built in 2016 and last sold on Feb 10, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 21 Colonial Road is $506,350.
What are some comparable homes to 21 Colonial Road?
There are currently no comparable homes to 21 Colonial Road.
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