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Worcester 01602 Tatnuck
21 Patch Reservoir Dr
$273,500
● House - Off Market

21 Patch Reservoir Dr

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath
square feet
900 Ft²
$307,318
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Here is your chance to live in a charming 3 bedroom Cape in the Tatnuck area of Worcester. This home features a first-floor bedroom w/ hardwood floors, an eat-in kitchen with a mudroom entry, a dining room w/ closet, a living room with hardwood floors, 2 bedrooms on the second floor. The backyard is fenced with a shed and there is a wonderful stream that abuts the property. The house has gas heat and hot water and a walk-out basement. The property will need some updates and the roof is older. All offers should include the following language. *Subject to estate attorney obtaining a license to sell from the Worcester probate court.
Unit Size
900 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$295
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1952

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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 years ago (MLSPIN #72796885)

Price History

Date / Event Date Event Price
Jul 15, 2021 Sold
Premium
Sold
Mar 11, 2021 Listed by Keller Williams Realty Greater Worcester $265,900
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 720
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,260
  • Total Building Area: 900
  • Gross Building Area: 2,244
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 900
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000167
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730902

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 30-029-00010
  • Parcel: WORC M:30 B:029 L:00010
  • Block: 29
  • Lot: 10
  • Municipality: WORCESTER
  • Latitude: 42.2676
  • Longitude: -71.8512

    Address

  • Full Address: 21 Patch Reservoir Dr
  • Address - House Number: 21
  • Address - Street Name: Patch Reservoir
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 2851
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $371,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 329,139
  • High Value: 395,573
  • Low Value: 262,704

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,700
  • Assessed Land Value: $102,300
  • Assessed Improvements Value: $156,400

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 98632
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 Tatnuck

Stats & Trends

Median Asking:

$449,950

Sale Price/ft²

$299

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1642 ft²

Average Home Age

78.3 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72796885

Frequently Asked Questions

When was property at 21 Patch Reservoir Drive built and last sold?
The property at 21 Patch Reservoir Drive was built in 1952 and last sold on Jul 15, 2021 for $273,500.
How much is this home worth?
The estimated value of the home located at 21 Patch Reservoir Drive is $269,480.
What are some comparable homes to 21 Patch Reservoir Drive?
There are currently no comparable homes to 21 Patch Reservoir Drive.
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