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Worcester 01602 Webster Square
27 1st
$420,000
● House - Off Market

27 1st

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,248 Ft²
$370,520
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

OFFER DEADLINE Thursday May 25th 8pm. OPPORTUNITY KNOCKS... EARN INSTANT sweat equity!   Built in 1994 this raised ranch with finished basement offers two kitchens, two full bathrooms both with laundry, a large eat-in kitchen with slider to the deck and two additional bedrooms in the lower level.   The finished basement also offers two additional living area, so everyone has a place to relax.  Enjoy your morning coffee on your large private deck.  There is plenty of off street parking with 2 driveways located on each side of the home.  With some TLC & fresh paint this home will shine like new. Conveniently off Mill St between Webster & Tatnuck Squares, Minutes to the airport, Worcester State and Clark University.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$296
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1994

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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 #73115269)

Price History

Date / Event Date Event Price
Jun 28, 2023 Sold
Premium
Sold
May 27, 2023 In contract -
In contract
May 23, 2023 Listed by Real Broker MA, LLC $369,900
Listed by Real Broker MA, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 1,248
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,650
  • Total Building Area: 1,248
  • Gross Building Area: 2,880
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 42-034-00027
  • Parcel: WORC M:42 B:034 L:00027
  • Block: 34
  • Lot: 27
  • Municipality: WORCESTER
  • Latitude: 42.2541
  • Longitude: -71.8493

    Address

  • Full Address: 27 1st St
  • Address - House Number: 27
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C033
  • 4-Digit Zip Code: 3103
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $508,600

    Appraisal Valuation

  • Standard Deviation: 0.1872
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 422,770
  • High Value: 501,921
  • Low Value: 343,619

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $354,700
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $269,700

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jun 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51324
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

2345 ft²

Average Home Age

93.4 years

Currently For Sale

25 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73115269

Frequently Asked Questions

When was property at 27 1st Street built and last sold?
The property at 27 1st Street was built in 1994 and last sold on Jun 28, 2023 for $420,000.
How much is this home worth?
The estimated value of the home located at 27 1st Street is $377,496.
What are some comparable homes to 27 1st Street?
There are currently no comparable homes to 27 1st Street.
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