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Worcester 01610 University Park
22 Hancock St
$85,000
● House - Off Market

22 Hancock St

Worcester, MA 01610
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,452 Ft²
$600
Est. Monthly
48.25%
Cap Rate

About This Property

****THINK OUTSIDE THE BOX**** Although there are hundreds of boxes all over the place, house seems to be in decent condition *** Despite the TLC needed, subject features several updates: 1) Roof under 7 years old; 2) Newer HW tank, 3) Porch was enclosed, 4) Some electrical updates.  Home is one of the few SD detached properties in the immediate neighborhood. *****AT LEAST 4 parking spaces****. Plenty of storage area. Attic has extra storage area *****  4 BEDROOMS **** Close to Clark University.
Unit Size
1,452 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$59
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1898

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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: 2 years ago (MLSPIN #71117734)

Price History

Date / Event Date Event Price
Jul 1, 2011 Sold
Premium
Sold
Aug 26, 2010 Sold
Premium
Sold
Aug 2, 2010 Listed $85,000
Listed
Oct 27, 2000 Sold
Premium
Sold
Jun 25, 2000 Listed by Fitzpatrick Real Estate $75,000
Listed by Fitzpatrick Real Estate
FENCED IN YARD,NICE SIZE LOT. CABINETS,COUNTER AND FLOOR IN KITCHEN FAIRLY NEW.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1898
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 969
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,150
  • Total Building Area: 1,557
  • Gross Building Area: 2,941
  • Building Area: 1,557
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,557
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731300

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 7-002-00010
  • Parcel: WORC M:07 B:002 L:00010
  • Block: 2
  • Lot: 10
  • Municipality: WORCESTER
  • Latitude: 42.2503
  • Longitude: -71.818

    Address

  • Full Address: 22 Hancock St
  • Address - House Number: 22
  • Address - Street Name: Hancock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 1627
  • Zip Code: 01610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $391,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2322
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 53
  • Final Value: 353,333
  • High Value: 435,387
  • Low Value: 271,278

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,100
  • Assessed Land Value: $51,100
  • Assessed Improvements Value: $222,000

    Sales

  • Current Sale Recording Date: Jul 01, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000006
  • Previous Sale Recording Date: Aug 26, 2010
  • Previous Sale Amount: $127,844
  • Previous Sale Document Type: 34
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 University Park

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$214

Below Asking

0.03%

Average Days on Market

73

Average Home Size

3613 ft²

Average Home Age

112.2 years

Currently For Sale

13 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 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71117734

Frequently Asked Questions

When was property at 22 Hancock Street built and last sold?
The property at 22 Hancock Street was built in 1898 and last sold on Jan 1, 1970 for $36,750.
How much is this home worth?
The estimated value of the home located at 22 Hancock Street is $0.
What are some comparable homes to 22 Hancock Street?
There are currently no comparable homes to 22 Hancock Street.
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