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Worcester 01606 Burncoat
21 Michigan Road
$260,000
● House - Off Market

21 Michigan Road

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,191 Ft²
$461,277
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Very well  maintained Oversized Raised Ranch, located in very desirable area off Upper Burncoat. Loads of updates, Vinyl Siding, Windows, Gutter Helmets, Roof, Driveway,   Repointed Chimney, list goes on and on. Hardwood Floors, 2 Fireplaces, 2 staircases, front and back. 3 Bedrooms,   2 Full Baths, Basement has  Family room, Bonus room that could be 4th bedroom,  sliders to deck , 2 Car Garage, Great Highway access only Minutes to 290/190. You won't be disappointed.
Unit Size
2,191 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$119
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1963

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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 #71822891)

Price History

Date / Event Date Event Price
Nov 4, 2015 Sold
Premium
Sold
Apr 23, 2015 Listed by RE/MAX Advantage 1 $260,000
Listed by RE/MAX Advantage 1

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • 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: 778
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,520
  • Total Building Area: 1,413
  • Gross Building Area: 2,975
  • Building Area: 1,413
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,413
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000173
  • 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: 23-041-00048
  • Parcel: WORC M:23 B:041 L:00048
  • Block: 41
  • Lot: 48
  • Municipality: WORCESTER
  • Latitude: 42.3176
  • Longitude: -71.7887

    Address

  • Full Address: 21 Michigan Rd
  • Address - House Number: 21
  • Address - Street Name: Michigan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C010
  • 4-Digit Zip Code: 1515
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $626,100

    Appraisal Valuation

  • Standard Deviation: 0.1855
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 486,122
  • High Value: 576,311
  • Low Value: 395,933

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $436,600
  • Assessed Land Value: $102,400
  • Assessed Improvements Value: $334,200

    Sales

  • Current Sale Recording Date: Nov 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 117214
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

1486 ft²

Average Home Age

49.1 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# 71822891

Frequently Asked Questions

When was property at 21 Michigan Road built and last sold?
The property at 21 Michigan Road was built in 1963 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 21 Michigan Road is $282,297.
What are some comparable homes to 21 Michigan Road?
There are currently no comparable homes to 21 Michigan Road.
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