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Worcester 01602 Webster Square
24 Passway Three
$340,000
● House - Off Market

24 Passway Three

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,192 Ft²
$354,210
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Cozy home in a dead end Road and Private three Bedrooms and two bathrooms .Beautifully Updated with new Kitchen Appliances, granite counter tops ,hardwood floors and open concept.
Unit Size
1,192 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$284
Property Type
House
Property Taxes
$273
HOA Dues
-
Year Built
1946

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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 #73065643)

Price History

Date / Event Date Event Price
Feb 15, 2023 Sold
Premium
Sold
Jan 9, 2023 In contract -
In contract
Dec 17, 2022 Listed by Get Listed Realty, LLC $339,000
Listed by Get Listed Realty, LLC
Aug 16, 2022 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 760
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,491
  • Total Building Area: 1,192
  • Gross Building Area: 2,160
  • Building Area: 1,192
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,192
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731002

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 42-022-00159
  • Parcel: WORC M:42 B:022 L:00159
  • Block: 22
  • Lot: 159
  • Municipality: WORCESTER
  • Latitude: 42.2588
  • Longitude: -71.854

    Address

  • Full Address: 24 Passway 3
  • Address - House Number: 24
  • Address - Street Name: Passway 3
  • State: MA
  • City Name: Worcester
  • Carrier Code: C011
  • 4-Digit Zip Code: 2408
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $358,600

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 348,314
  • High Value: 414,271
  • Low Value: 282,356

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,100
  • Assessed Land Value: $85,500
  • Assessed Improvements Value: $164,600

    Sales

  • Current Sale Contract Date: Feb 15, 2023
  • Current Sale Recording Date: Feb 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13373
  • Previous Sale Recording Date: Aug 16, 2022
  • Previous Sale Contract Date: Aug 15, 2022
  • Previous Sale Amount: $198,000
  • Previous Sale Document Type: 34
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 Webster Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2413 ft²

Average Home Age

92 years

Currently For Sale

24 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: 4 months ago
Data Source: MLS PIN, MLS# 73065643

Frequently Asked Questions

When was property at 24 Passway built and last sold?
The property at 24 Passway was built in 1946 and last sold on Feb 15, 2023 for $340,000.
How much is this home worth?
The estimated value of the home located at 24 Passway is $343,268.
What are some comparable homes to 24 Passway?
There are currently no comparable homes to 24 Passway.
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