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Worcester 01602 Newton Square
23 Colonial Rd
$365,000
● House - Off Market

23 Colonial Rd

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,745 Ft²
$385,592
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Great West Side location, spacious one floor living with 7 rooms, 3 bedrooms, 3 season porch, deck, 2 gas fireplaces with remote control, hardwood floor, Also possible to expend living space to finish walk-up attic. Finished walk-out basement could be in-law apartment.  House has many up-dates   5-7 years  old. Roof about 10 years old, new kitchen with granite counter, ample cabinets 5 years old, FHA gas  and C  A/C 10 years old installed on attic. Water 50 gal heater 1 year old. Both garage doors and openers about 5 years old.   The finished basement features a full bathroom, bar area, remote controlled gas fireplace, walk-in cedar  closets.WELCOME to visit our OPEN HOUSE Oct 10, 2021  12-1:30
Unit Size
1,745 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$201
Property Type
House
Property Taxes
$462
HOA Dues
-
Year Built
1924

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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 years ago (MLSPIN #72899142)

Price History

Date / Event Date Event Price
Dec 14, 2021 Sold
Premium
Sold
Sep 23, 2021 Listed by Top View Realty $349,995
Listed by Top View Realty
Aug 30, 1991 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,124
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,983
  • Total Building Area: 1,745
  • Gross Building Area: 5,751
  • Building Area: 1,745
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,745
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730901

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 24-015-0001A
  • Parcel: WORC M:24 B:015 L:0001A
  • Block: 15
  • Lot: 1A
  • Municipality: WORCESTER
  • Latitude: 42.2703
  • Longitude: -71.8361

    Address

  • Full Address: 23 Colonial Rd
  • Address - House Number: 23
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C029
  • 4-Digit Zip Code: 2540
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $585,200

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 473,844
  • High Value: 562,255
  • Low Value: 385,434

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,100
  • Assessed Land Value: $102,900
  • Assessed Improvements Value: $305,200

    Sales

  • Current Sale Contract Date: Dec 14, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 174609
  • Previous Sale Recording Date: Aug 30, 1991
  • Previous Sale Amount: $126,000
  • 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:

$527,450

Sale Price/ft²

$272

Below Asking

0.02%

Average Days on Market

62

Average Home Size

4993 ft²

Average Home Age

110.7 years

Currently For Sale

11 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 years ago
Data Source: MLS PIN, MLS# 72899142

Frequently Asked Questions

When was property at 23 Colonial Road built and last sold?
The property at 23 Colonial Road was built in 1924 and last sold on Dec 14, 2021 for $365,000.
How much is this home worth?
The estimated value of the home located at 23 Colonial Road is $362,272.
What are some comparable homes to 23 Colonial Road?
There are currently no comparable homes to 23 Colonial Road.
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