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Worcester 01602 Columbus Park
266 Lovell Street
$345,000
● House - Off Market

266 Lovell Street

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,020 Ft²
$360,595
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

**THIS HOME IS ELIGIBLE FOR MASS HOUSING LOAN PROGRAM**What a nice home located in the heart of the city.  New replacement windows (10/2022), roof 2014.  Great for guests, teen suite or make it your main suite, the second floor was updated in 2018 and includes full bath, third bedroom and den/office area.  Take in the warmth of the sun in the three season room overlooking pretty yard.  Gas heat, fireplaced living room and mostly all hardwood flooring. Close to dog park and Arboretum.  Just in time for Thanksgiving, the dining room is big enough to host the holidays!
Unit Size
1,020 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$333
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1920

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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 #73053313)

Price History

Date / Event Date Event Price
Dec 19, 2022 Sold
Premium
Sold
Nov 2, 2022 In contract -
In contract
Oct 29, 2022 Listed by RE/MAX Vision $339,900
Listed by RE/MAX Vision
Oct 21, 2009 Sold
Premium
Sold
Jul 9, 2009 Listed by RE/MAX Vision $169,900
Listed by RE/MAX Vision

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 15
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 778
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,280
  • Total Building Area: 1,020
  • Gross Building Area: 3,187
  • Building Area: 1,020
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,020
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000167
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731102

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 14-036-00035
  • Parcel: WORC M:14 B:036 L:00035
  • Block: 36
  • Lot: 35
  • Municipality: WORCESTER
  • Latitude: 42.2596
  • Longitude: -71.8295

    Address

  • Full Address: 266 Lovell St
  • Address - House Number: 266
  • Address - Street Name: Lovell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C002
  • 4-Digit Zip Code: 4319
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $365,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 341,030
  • High Value: 397,984
  • Low Value: 284,076

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,100
  • Assessed Land Value: $84,900
  • Assessed Improvements Value: $170,200

    Sales

  • Current Sale Contract Date: Dec 19, 2022
  • Current Sale Recording Date: Dec 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 133679
  • Previous Sale Recording Date: Oct 21, 2009
  • Previous Sale Amount: $165,000
  • 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 Columbus Park

Stats & Trends

Median Asking:

$570,000

Sale Price/ft²

$226

Below Asking

0.03%

Average Days on Market

61

Average Home Size

2488 ft²

Average Home Age

110.7 years

Currently For Sale

7 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# 73053313

Frequently Asked Questions

When was property at 266 Lovell Street built and last sold?
The property at 266 Lovell Street was built in 1920 and last sold on Dec 19, 2022 for $345,000.
How much is this home worth?
The estimated value of the home located at 266 Lovell Street is $338,830.
What are some comparable homes to 266 Lovell Street?
There are currently no comparable homes to 266 Lovell Street.
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