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Worcester 01604 Grafton Hill
23 Pine Hill Rd
$347,500
● House - Off Market

23 Pine Hill Rd

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,531 Ft²
$355,150
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Adorable cottage set on a dead end street awaits you! East side location walk to school, Lake Quinsigamond and the Shrewsbury line. Additional features include a window seat in the living room, open front porch,12x14 rear deck, fenced lot, hardwood and tile floors, granite kitchen counters, wood stove in the dining room,16x20 storage shed. Updates over the past 10 years include the kitchen, bath, boiler and Roth water heater along with recent interior cosmetics consisting of patching and painting that were just completed.
Unit Size
1,531 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$222
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1900

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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 #73049749)

Price History

Date / Event Date Event Price
Feb 22, 2023 Sold
Premium
Sold
Jan 25, 2023 In contract -
In contract
Jan 19, 2023 Relisted $177,500
Relisted
Nov 1, 2022 Withdrawn -
Withdrawn
Oct 10, 2022 Listed by ERA Key Realty Services - Worcester $339,900
Listed by ERA Key Realty Services - Worcester
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 4
  • 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: 875
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,951
  • Total Building Area: 1,531
  • Gross Building Area: 2,801
  • Building Area: 1,531
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,531
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000389
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732301

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 38-030-0103A
  • Parcel: WORC M:38 B:030 L:0103A
  • Block: 30
  • Lot: 103A
  • Municipality: WORCESTER
  • Latitude: 42.2454
  • Longitude: -71.7514

    Address

  • Full Address: 23 Pine Hill Rd
  • Address - House Number: 23
  • Address - Street Name: Pine Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C001
  • 4-Digit Zip Code: 2036
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,100

    Appraisal Valuation

  • Standard Deviation: 0.1889
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 405,287
  • High Value: 481,862
  • Low Value: 328,711

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,600
  • Assessed Land Value: $103,600
  • Assessed Improvements Value: $211,000

    Sales

  • Current Sale Contract Date: Feb 21, 2023
  • Current Sale Recording Date: Feb 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14714
  • Previous Sale Recording Date: May 09, 2016
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: O
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 Grafton Hill

Stats & Trends

Median Asking:

$449,950

Sale Price/ft²

$277

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1747 ft²

Average Home Age

69.3 years

Currently For Sale

22 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# 73049749

Frequently Asked Questions

When was property at 23 Pine Hill Road built and last sold?
The property at 23 Pine Hill Road was built in 1900 and last sold on Feb 21, 2023 for $347,500.
How much is this home worth?
The estimated value of the home located at 23 Pine Hill Road is $342,807.
What are some comparable homes to 23 Pine Hill Road?
There are currently no comparable homes to 23 Pine Hill Road.
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