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Worcester 01603 Columbus Park
220 Lovell Street
$253,000
● House - Off Market

220 Lovell Street

Worcester, MA 01603
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,624 Ft²
$380,083
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

This charming one owner home is offered for sale for the first time since it was built.  It is directly across the street from the Hadwen Arboretum which was bequeathed to Clark University in 1907. It contains 6.4 acres of woodland green space  - a delightful sanctuary for hiking, picnicking, dog walking, etc.  The 8 room home has hardwood floors, formal fireplaced living room, formal dining room, heated sunroom/family room with walls of windows, eat-in kitchen with stainless counter top and build-ins. Second floor offers a master addition with a dressing room or office off, 2 other bedrooms and a full tiled bath.
Unit Size
1,624 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$159
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1930

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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: 5 months ago (MLSPIN #72503932)

Price History

Date / Event Date Event Price
Jul 15, 2019 Sold
Premium
Sold
May 21, 2019 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $259,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • 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: 784
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,474
  • Total Building Area: 1,440
  • Gross Building Area: 3,047
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731101

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 14-027-00007
  • Parcel: WORC M:14 B:027 L:00007
  • Block: 27
  • Lot: 7
  • Municipality: WORCESTER
  • Latitude: 42.2578
  • Longitude: -71.8303

    Address

  • Full Address: 220 Lovell St
  • Address - House Number: 220
  • Address - Street Name: Lovell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C005
  • 4-Digit Zip Code: 3218
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $452,400

    Appraisal Valuation

  • Standard Deviation: 0.2035
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 402,458
  • High Value: 484,395
  • Low Value: 320,521

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,500
  • Assessed Land Value: $85,200
  • Assessed Improvements Value: $230,300

    Sales

  • Current Sale Contract Date: Jul 12, 2019
  • Current Sale Recording Date: Jul 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67529
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 Columbus Park

Stats & Trends

Median Asking:

$570,000

Sale Price/ft²

$231

Below Asking

0.03%

Average Days on Market

69

Average Home Size

2445 ft²

Average Home Age

105.9 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72503932

Frequently Asked Questions

When was property at 220 Lovell Street built and last sold?
The property at 220 Lovell Street was built in 1930 and last sold on Jul 12, 2019 for $253,000.
How much is this home worth?
The estimated value of the home located at 220 Lovell Street is $271,345.
What are some comparable homes to 220 Lovell Street?
There are currently no comparable homes to 220 Lovell Street.
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