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Worcester 01475
232 Alger St
$122,000
● House - Off Market

232 Alger St

Winchendon, MA 01475
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$157,945
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

CONTRACTOR SPECIAL! Here lies a perfect opportunity to turn this beautiful lot into a stunning single family home with a big barn-style garage. Just over an hour commute into Boston, this ranch is in need of some TLC but the quiet, central-mass neighborhood warrants a newly renovated home on the block.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$130
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1924

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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: 6 months ago (MLSPIN #72927801)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Premium
Sold
Dec 14, 2021 Listed by Center Square Realty $149,999
Listed by Center Square Realty
Jan 12, 2012 Sold
Premium
Sold
Jul 27, 2011 Sold
Premium
Sold
Apr 15, 2011 Listed by Center Square Realty $114,900
Listed by Center Square Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,587
  • Total Building Area: 1,152
  • Gross Building Area: 2,355
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000266
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchendon School District
  • School Tax School District: WINCHENDON SD
  • Census Tract: 701101

Zoning

  • Zoning: R3

Geography

  • District: 343
  • Parcel: WINC M:8A1 B:0 L:23
  • Lot: 23
  • Municipality: WINCHENDON
  • Latitude: 42.6681
  • Longitude: -72.0699

    Address

  • Full Address: 232 Alger St
  • Address - House Number: 232
  • Address - Street Name: Alger
  • Address - Suffix Type: St
  • State: MA
  • City Name: Winchendon
  • Carrier Code: C003
  • 4-Digit Zip Code: 3003
  • Zip Code: 01475

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $200,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2043
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 193,789
  • High Value: 233,390
  • Low Value: 154,188

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $159,900
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $125,900

    Sales

  • Current Sale Contract Date: Feb 24, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 22973
  • Previous Sale Recording Date: Jan 12, 2012
  • Previous Sale Amount: $97,000
  • 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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72927801

Frequently Asked Questions

When was property at 232 Alger Street built and last sold?
The property at 232 Alger Street was built in 1924 and last sold on Feb 24, 2022 for $122,000.
How much is this home worth?
The estimated value of the home located at 232 Alger Street is $158,735.
What are some comparable homes to 232 Alger Street?
There are currently no comparable homes to 232 Alger Street.
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