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Worcester 01534
245 Hemlock Street
$535,000
● House - Off Market

245 Hemlock Street

Northbridge, MA 01534
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,970 Ft²
$555,664
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Rare Hemlock Estates resale located at the end of cul-de-sac on professionally maintained lot w/ irrigation system*Upgraded kitchen cabinets with granite, stainless steel appliances, center island, and spacious eating area* Open concept Dining Room w/gorgeous hardwood flooring, wainscoting, and crown molding*Gas fireplaced family room*1st floor laundry*2nd floor has three generous sized bedrooms including primary with walk-in closet*3d floor bonus room professionally finished packed with recessed lights and charming skip planed wood accent wall and separate Mini-split Air conditioning/heat* NEW water heater 2022, NEW AC unit 2022, Above ground pool added 2021, partially fenced in yard- Nothing to do here but move in!
Unit Size
1,970 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$266
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
2012

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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 #73053385)

Price History

Date / Event Date Event Price
Jan 5, 2023 Sold
Premium
Sold
Nov 3, 2022 In contract -
In contract
Nov 1, 2022 Listed by Andrew J. Abu Inc., REALTORS® $524,900
Listed by Andrew J. Abu Inc., REALTORS®
Aug 6, 2013 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,326
  • Total Building Area: 1,584
  • Gross Building Area: 3,522
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 9
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000604
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northbridge School District
  • Census Tract: 750200

Geography

  • Account Number: 19/ 360
  • Parcel: NBRI M:00019 B:00360
  • Block: 360
  • Municipality: NORTHBRIDGE
  • Latitude: 42.159
  • Longitude: -71.6624

    Address

  • Full Address: 245 Hemlock St
  • Address - House Number: 245
  • Address - Street Name: Hemlock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Northbridge
  • Carrier Code: R002
  • 4-Digit Zip Code: 2031
  • Zip Code: 01534

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $615,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 553,769
  • High Value: 656,279
  • Low Value: 451,259

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474,500
  • Assessed Land Value: $164,600
  • Assessed Improvements Value: $309,900

    Sales

  • Current Sale Contract Date: Jan 05, 2023
  • Current Sale Recording Date: Jan 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 829
  • Previous Sale Recording Date: Apr 11, 2018
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 73053385

Frequently Asked Questions

When was property at 245 Hemlock Street built and last sold?
The property at 245 Hemlock Street was built in 2012 and last sold on Jan 5, 2023 for $535,000.
How much is this home worth?
The estimated value of the home located at 245 Hemlock Street is $534,225.
What are some comparable homes to 245 Hemlock Street?
There are currently no comparable homes to 245 Hemlock Street.
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