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Worcester 01602 Beaver Brook
273 Lovell St
$186,000
● House - Off Market

273 Lovell St

Worcester, MA 01602
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,656 Ft²
$337,241
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

West side Cape on 1-way street with nicely landscaped yard and hardwoods floors throughout. Recent updates include roof and siding. Updated electric. Kitchen opens dining room. 4 bed, 2 bath. 1 car garage with plenty of parking. 3 season porch not included in living area. 2 Gas furnaces.  3 season porch not included in living area. Close to Worcester State University.
Unit Size
1,656 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$115
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1947

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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: 5 months ago (MLSPIN #71892614)

Price History

Date / Event Date Event Price
Aug 18, 2021 Sold
Premium
Sold
Jul 20, 2021 Listed by Keller Williams Realty Greater Worcester $249,900
Listed by Keller Williams Realty Greater Worcester
Dec 21, 2015 Sold
Premium
Sold
Aug 20, 2015 Listed by Keller Williams Realty Greater Worcester $190,000
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • 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: 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: 1,003
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,298
  • Total Building Area: 1,656
  • Gross Building Area: 2,968
  • Building Area: 1,656
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,656
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000168
  • 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: 14-035-0007A
  • Parcel: WORC M:14 B:035 L:0007A
  • Block: 35
  • Lot: 7A
  • Municipality: WORCESTER
  • Latitude: 42.26
  • Longitude: -71.8299

    Address

  • Full Address: 273 Lovell St
  • Address - House Number: 273
  • Address - Street Name: Lovell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C002
  • 4-Digit Zip Code: 4318
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $442,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 406,243
  • High Value: 474,088
  • Low Value: 338,398

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,800
  • Assessed Land Value: $84,900
  • Assessed Improvements Value: $223,900

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 115789
  • Previous Sale Recording Date: Dec 21, 2015
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: O
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 Beaver Brook

Stats & Trends

Median Asking:

$549,450

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1265 ft²

Average Home Age

114 years

Currently For Sale

2 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: 5 months ago
Data Source: MLS PIN, MLS# 71892614

Frequently Asked Questions

When was property at 273 Lovell Street built and last sold?
The property at 273 Lovell Street was built in 1947 and last sold on Aug 5, 2021 for $300,000.
How much is this home worth?
The estimated value of the home located at 273 Lovell Street is $252,043.
What are some comparable homes to 273 Lovell Street?
There are currently no comparable homes to 273 Lovell Street.
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