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Worcester 01602 Newton Square
22 Chippewa
$237,500
● House - Off Market

22 Chippewa

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,344 Ft²
$425,811
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Come Home for the Holidays in this desirable West Side Colonial. Pride of ownership shows in this meticulous, well maintained 6 room, 3 bedrooms, 1.5 bath home. Fully appliance kitchen w/ breakfast bar, front to back fire placed  living room, front to back master bedroom, formal dining room with built in china closet, 3 seasoned porch with new carpeting. Finished basement with built in desk, seating and storage. owner has completed many Major projects including new furnace (2013) roof, replacement windows, new walkway to 3 season porch, mature landscaping, Hardwoods throughout, Private, Public Schools and Colleges nearby. Unlimited area amenities, one car garage with off street parking for four, deck off kitchen overlooking gardens perfect for entertaining, storage shed in rear.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$179
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1938

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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 #71919661)

Price History

Date / Event Date Event Price
Dec 24, 2015 Sold
Premium
Sold
Oct 15, 2015 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $239,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Nov 15, 1996 Sold
Premium
Sold
Jul 16, 1996 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $119,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 672
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,840
  • Total Building Area: 1,344
  • Gross Building Area: 2,516
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000226
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730801

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 43-008-00053
  • Parcel: WORC M:43 B:008 L:00053
  • Block: 8
  • Lot: 53
  • Municipality: WORCESTER
  • Latitude: 42.2774
  • Longitude: -71.8275

    Address

  • Full Address: 22 Chippewa Rd
  • Address - House Number: 22
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C014
  • 4-Digit Zip Code: 1527
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $485,300

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 462,433
  • High Value: 541,820
  • Low Value: 383,047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,400
  • Assessed Land Value: $103,100
  • Assessed Improvements Value: $235,300

    Sales

  • Current Sale Recording Date: Dec 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 136716
  • Previous Sale Recording Date: Nov 15, 1996
  • Previous Sale Amount: $110,000
  • 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 Newton Square

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

60

Average Home Size

5536 ft²

Average Home Age

112.4 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# 71919661

Frequently Asked Questions

When was property at 22 Chippewa Road built and last sold?
The property at 22 Chippewa Road was built in 1938 and last sold on Jan 1, 1970 for $237,500.
How much is this home worth?
The estimated value of the home located at 22 Chippewa Road is $244,476.
What are some comparable homes to 22 Chippewa Road?
There are currently no comparable homes to 22 Chippewa Road.
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