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Worcester 01607 Vernon Hill
28 Grammont Rd
$114,500
● House - Off Market

28 Grammont Rd

Worcester, MA 01607
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$450,650
RealtyHop Estimate
292.21%
Since May 1, 1994
National-US
Primary Model

About This Property

QUALITY 2000 SF.CUSTOM BUILT.ADDITION INC. FP.FAMILY ROOM-2 FULL BATHS,WET BAR.NEW KIT.,CERAMIC MANICURED LAWN,A GEM. BUYER 1ST OPTION ON ADJACENT LOT.CALL FRAN AT 798-2966.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$57
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1960

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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 years ago (MLSPIN #19052429)

Price History

Date / Event Date Event Price
May 2, 1994 Sold
Premium
Sold
Jan 12, 1994 Listed by RE/MAX Advantage 1 $114,900
Listed by RE/MAX Advantage 1
Jan 17, 1991 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 624
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,900
  • Total Building Area: 2,054
  • Gross Building Area: 3,556
  • Building Area: 2,054
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,054
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732700

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 10-036-00038
  • Parcel: WORC M:10 B:036 L:00038
  • Block: 36
  • Lot: 38
  • Municipality: WORCESTER
  • Latitude: 42.2395
  • Longitude: -71.7934

    Address

  • Full Address: 28 Grammont Rd
  • Address - House Number: 28
  • Address - Street Name: Grammont
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C004
  • 4-Digit Zip Code: 1139
  • Zip Code: 01607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $590,500

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 488,410
  • High Value: 579,549
  • Low Value: 397,271

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,800
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $308,600

    Sales

  • Current Sale Recording Date: May 02, 1994
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 17, 1991
  • Previous Sale Amount: $120,000
  • 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 Vernon Hill

Stats & Trends

Median Asking:

$679,000

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3034 ft²

Average Home Age

114.9 years

Currently For Sale

19 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 19052429

Frequently Asked Questions

When was property at 28 Grammont Road built and last sold?
The property at 28 Grammont Road was built in 1960 and last sold on Jan 1, 1970 for $114,500.
How much is this home worth?
The estimated value of the home located at 28 Grammont Road is $0.
What are some comparable homes to 28 Grammont Road?
There are currently no comparable homes to 28 Grammont Road.
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