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Worcester 01602 Newton Square
28 Chippewa Rd
$260,000
● House - Off Market

28 Chippewa Rd

Worcester, MA 01602
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,601 Ft²
$398,830
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Highest and Best by 4pm Monday 2.12.18... Richmond Ave off beautiful neighborhood. Medium sized Colonial that is in nice condition.  Does need some updating. Older furnace and electric service still working.   Dining room light not included. Furniture negotiable.
Unit Size
1,601 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$162
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1938

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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: 4 months ago (MLSPIN #72278027)

Price History

Date / Event Date Event Price
Apr 11, 2018 Sold
Premium
Sold
Feb 6, 2018 Listed by George Russell Realty, LLC $259,900
Listed by George Russell Realty, LLC
Jan 8, 2009 Sold
Premium
Sold
Jun 19, 2008 Listed by George Russell Realty, LLC $248,500
Listed by George Russell Realty, LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • 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: 2
  • Basement Area: 675
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,840
  • Total Building Area: 1,601
  • Gross Building Area: 2,667
  • Building Area: 1,601
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,601
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000226
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730801

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 43-008-00054
  • Parcel: WORC M:43 B:008 L:00054
  • Block: 8
  • Lot: 54
  • Municipality: WORCESTER
  • Latitude: 42.2776
  • Longitude: -71.8274

    Address

  • Full Address: 28 Chippewa Rd
  • Address - House Number: 28
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C014
  • 4-Digit Zip Code: 1527
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $450,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 435,106
  • High Value: 516,289
  • Low Value: 353,924

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,200
  • Assessed Land Value: $103,100
  • Assessed Improvements Value: $211,100

    Sales

  • Current Sale Recording Date: Apr 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33529
  • Previous Sale Recording Date: Jan 08, 2009
  • Previous Sale Amount: $251,200
  • 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 Newton Square

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

60

Average Home Size

5536 ft²

Average Home Age

112.4 years

Currently For Sale

10 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# 72278027

Frequently Asked Questions

When was property at 28 Chippewa Road built and last sold?
The property at 28 Chippewa Road was built in 1938 and last sold on Jan 1, 1970 for $254,000.
How much is this home worth?
The estimated value of the home located at 28 Chippewa Road is $266,418.
What are some comparable homes to 28 Chippewa Road?
There are currently no comparable homes to 28 Chippewa Road.
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