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Worcester 01602 Salisbury Street
23 Suburban Rd
$169,000
● House - Off Market

23 Suburban Rd

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,502 Ft²
$331,197
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Excellent opportunity to buy this large 3 bedroom, 2 bath brick Colonial, in a desirable residential area of town! Walk across the street to play in the park.  Features include hardwood floors, good sized rooms, eat in kitchen, natural wood work, walk up attic,  updated windows and a fire place. This is a Fannie Mae HomePath property. This property is approved  for HomePath Renovation Mortgage. Buy this property for as little as 5%down. Investor offers will be entertained 15 days after list date. Multiple Offer Deadline – Sep 11, 2013, 02:42:00 PM (EDT)
Unit Size
2,502 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$68
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1934

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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 #71540310)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Aug 5, 2021 Listed by RE/MAX One Call Realty $497,500
Listed by RE/MAX One Call Realty
Dec 31, 2013 Sold
Premium
Sold
Jun 12, 2013 Listed by RE/MAX One Call Realty $169,900
Listed by RE/MAX One Call Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 23
  • 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: 1,243
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,170
  • Total Building Area: 2,502
  • Gross Building Area: 4,968
  • Building Area: 2,502
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,502
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000348
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730801

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 43-012-00006
  • Parcel: WORC M:43 B:012 L:00006
  • Block: 12
  • Lot: 6
  • Municipality: WORCESTER
  • Latitude: 42.2715
  • Longitude: -71.8241

    Address

  • Full Address: 23 Suburban Rd
  • Address - House Number: 23
  • Address - Street Name: Suburban
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C004
  • 4-Digit Zip Code: 4207
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $668,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 595,851
  • High Value: 703,675
  • Low Value: 488,028

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $465,800
  • Assessed Land Value: $103,500
  • Assessed Improvements Value: $362,300

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 137872
  • Previous Sale Recording Date: Dec 31, 2013
  • Previous Sale Amount: $169,000
  • 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 Salisbury Street

Stats & Trends

Median Asking:

$646,700

Sale Price/ft²

$265

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3006 ft²

Average Home Age

83.8 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: 4 months ago
Data Source: MLS PIN, MLS# 71540310

Frequently Asked Questions

When was property at 23 Suburban Road built and last sold?
The property at 23 Suburban Road was built in 1934 and last sold on Sep 30, 2021 for $486,500.
How much is this home worth?
The estimated value of the home located at 23 Suburban Road is $501,072.
What are some comparable homes to 23 Suburban Road?
There are currently no comparable homes to 23 Suburban Road.
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