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Worcester 01604 Union HIll
246 Fairmont Avenue
Photo of 246 Fairmont Avenue
Sold on Jul 31, 2006

1

Map

$230,000
● House - Off Market

246 Fairmont Avenue

Worcester, MA 01604
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$395,750
RealtyHop Estimate
68.48%
Since Aug 1, 2006
National-US
Primary Model

About This Property

YOUNG RANCH WITH FULL FINISHED IN-LAW APARTMENT IN LOWER LEVEL. GAS HEAT 2 ZONES, 3 BEDS UP, 2 BEDS DOWN, SEPARATE LAUNDRY, SEPARATE ELECTRIC, SHARED HEAT AND HOT WATER.MINUTE FROM 290, RT9, AND MASSPIKE. Easy to show.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$140
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1996

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #70362407)

Price History

Date / Event Date Event Price
Aug 1, 2006 Sold
Premium
Sold
Apr 6, 2006 Listed $234,900
Listed
Jun 27, 2000 Sold
Premium
Sold
May 10, 2000 Listed $134,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 960
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,038
  • Total Building Area: 960
  • Gross Building Area: 2,052
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHS INC HOLDEN
  • Land Acres: 0000000116
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732302

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 18-012-00006
  • Parcel: WORC M:18 B:012 L:00006
  • Block: 12
  • Lot: 6
  • Municipality: WORCESTER
  • Latitude: 42.2514
  • Longitude: -71.7793

    Address

  • Full Address: 246 Fairmont Ave
  • Address - House Number: 246
  • Address - Street Name: Fairmont
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 4711
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $455,200

    Appraisal Valuation

  • Standard Deviation: 0.1939
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 361,024
  • High Value: 431,056
  • Low Value: 290,992

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,400
  • Assessed Land Value: $85,400
  • Assessed Improvements Value: $232,000

    Sales

  • Current Sale Recording Date: Aug 01, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00115056
  • Previous Sale Recording Date: Jun 27, 2000
  • Previous Sale Amount: $132,750
  • Previous Sale Document Type: 27
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 Union HIll

Stats & Trends

Median Asking:

$617,000

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2985 ft²

Average Home Age

112.4 years

Currently For Sale

12 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
Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70362407

Frequently Asked Questions

When was property at 246 Fairmont Avenue built and last sold?
The property at 246 Fairmont Avenue was built in 1996 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 246 Fairmont Avenue is $237,133.
What are some comparable homes to 246 Fairmont Avenue?
There are currently no comparable homes to 246 Fairmont Avenue.
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