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Worcester 01604 Lake Park
216 Lake Ave.
Photo of 216 Lake Ave.
Sold on Aug 22, 2011

1

Map

$200,000
● House - Off Market

216 Lake Ave.

Worcester, MA 01604
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,242 Ft²
$520,628
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

Solid Cape w/many updates. Vacation & entertain in this Party Central back yard w/inground gunite pool, cabana + huge, private, fenced yard. New  LoopLock pool cover, diving board & filter. Cabana has full bath w/shower. House has two full baths, both 100% updated. Two large bedrms up w/X-large closets& new recessed lighting. Two bedrms down can also be office or dining rm. Hdwd on first floor. Most windows replaced. Fully applianced. Great proximity to UMass, rte 9, 20, & Mass Pike.
Unit Size
1,242 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$189
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1947

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 30 days ago (MLSPIN #71250321)

Price History

Date / Event Date Event Price
Jun 7, 2017 Sold
Premium
Sold
Apr 29, 2017 Listed by RE/MAX Prestige $254,900
Listed by RE/MAX Prestige
Aug 22, 2011 Sold
Premium
Sold
Jun 18, 2011 Listed by RE/MAX Prestige $234,900
Listed by RE/MAX Prestige
Dec 30, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 792
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,572
  • Total Building Area: 1,242
  • Gross Building Area: 2,776
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000266
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732201

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 17-029-00008
  • Parcel: WORC M:17 B:029 L:00008
  • Block: 29
  • Lot: 8
  • Municipality: WORCESTER
  • Latitude: 42.266
  • Longitude: -71.7555

    Address

  • Full Address: 216 Lake Ave
  • Address - House Number: 216
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C008
  • 4-Digit Zip Code: 1102
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $529,000

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 485,678
  • High Value: 569,614
  • Low Value: 401,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,900
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $265,600

    Sales

  • Current Sale Recording Date: Jun 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58411
  • Previous Sale Recording Date: Aug 22, 2011
  • Previous Sale Amount: $200,000
  • 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 Lake Park

Stats & Trends

Median Asking:

$544,450

Sale Price/ft²

$276

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1335 ft²

Average Home Age

43.8 years

Currently For Sale

8 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 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: 30 days ago
Data Source: MLS PIN, MLS# 71250321

Frequently Asked Questions

When was property at 216 Lake Avenue built and last sold?
The property at 216 Lake Avenue was built in 1947 and last sold on Jan 1, 1970 for $277,500.
How much is this home worth?
The estimated value of the home located at 216 Lake Avenue is $256,249.
What are some comparable homes to 216 Lake Avenue?
There are currently no comparable homes to 216 Lake Avenue.
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