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Worcester 01603 Hadwen Park
224 Heard St
$435,000
● House - Off Market

224 Heard St

Worcester, MA 01603
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,497 Ft²
$351,706
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This charming 1930's home has been meticulously maintained. As you enter 224 Heard Street you are greeted by a sun filled covered front porch. Upon entering, step into a spacious dining room, that flows into a good sized living room and full bath. The eat in kitchen has been updated and offers plenty of storage including walk in pantry. The second floor has 3 bedrooms that offer so much character, with ample closet space. The large corner lot provides ample space for outdoor activities and the 2-car detached garage is perfect for storing vehicles or a workshop. Recent upgrades include windows, roof, hot water heater, heating system and paved driveway. Located conveniently near shopping, schools, restaurants, and major highways. Pride in ownership can be seen throughout this home.
Unit Size
1,497 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$233
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1930

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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 months ago (MLSPIN #73097249)

Price History

Date / Event Date Event Price
May 17, 2023 Sold
Premium
Sold
Apr 18, 2023 In contract -
In contract
Apr 11, 2023 Listed by Coldwell Banker Realty - Westford $349,000
Listed by Coldwell Banker Realty - Westford

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 15
  • Exterior Walls Type: 18
  • 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: 703
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,665
  • Total Building Area: 1,497
  • Gross Building Area: 2,438
  • Building Area: 1,497
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,497
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000314
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 733101

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 28-021-10+11
  • Parcel: WORC M:28 B:021 L:10+11
  • Block: 21
  • Lot: 10+11
  • Municipality: WORCESTER
  • Latitude: 42.2304
  • Longitude: -71.8429

    Address

  • Full Address: 224 Heard St
  • Address - House Number: 224
  • Address - Street Name: Heard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C002
  • 4-Digit Zip Code: 1741
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $408,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 412,614
  • High Value: 490,217
  • Low Value: 335,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,100
  • Assessed Land Value: $85,800
  • Assessed Improvements Value: $199,300

    Sales

  • Current Sale Contract Date: May 17, 2023
  • Current Sale Recording Date: May 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 38014
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 Hadwen Park

Stats & Trends

Median Asking:

$377,500

Sale Price/ft²

$281

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1780 ft²

Average Home Age

76.6 years

Currently For Sale

7 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# 73097249

Frequently Asked Questions

When was property at 224 Heard Street built and last sold?
The property at 224 Heard Street was built in 1930 and last sold on May 17, 2023 for $435,000.
How much is this home worth?
The estimated value of the home located at 224 Heard Street is $361,655.
What are some comparable homes to 224 Heard Street?
There are currently no comparable homes to 224 Heard Street.
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