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Worcester 01603 Webster Square
28 Wayne
$400,000
● House - Off Market

28 Wayne

Worcester, MA 01603
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$392,016
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Location, Location Location, minutes from Webster square, major routes, Coes pond and a plethora of shopping. Spacious colonial with large bedrooms, high ceilings and and tons of character including stained glass windows and beautiful woodwork throughout. Heating, system and roof have been recently updated, living areas and bedrooms equipped with gorgeous refinished wide pine flooring. Don't miss out on this opportunity to own a stunning property in one of Worcester's most sought after areas.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$185
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1896

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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 #73078242)

Price History

Date / Event Date Event Price
May 12, 2023 Sold
Premium
Sold
Apr 29, 2023 In contract -
In contract
Apr 20, 2023 Relisted $389,000
Relisted
Feb 22, 2023 In contract -
In contract
Feb 10, 2023 Listed by 1 Worcester Homes $389,000
Listed by 1 Worcester Homes

Property Highlights

Building Info

Overview

    General

  • Year Built: 1896
  • Effective Year Built: 1896
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 853
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,618
  • Total Building Area: 1,824
  • Gross Building Area: 3,643
  • Building Area: 1,824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,824
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000175
  • 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: 8-041-00005
  • Parcel: WORC M:08 B:041 L:00005
  • Block: 41
  • Lot: 5
  • Municipality: WORCESTER
  • Latitude: 42.247
  • Longitude: -71.8391

    Address

  • Full Address: 28 Wayne St
  • Address - House Number: 28
  • Address - Street Name: Wayne
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C010
  • 4-Digit Zip Code: 3136
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2379
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 426,838
  • High Value: 528,418
  • Low Value: 325,258

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,900
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $220,900

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36818
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73078242

Frequently Asked Questions

When was property at 28 Wayne Street built and last sold?
The property at 28 Wayne Street was built in 1896 and last sold on May 12, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 28 Wayne Street is $394,103.
What are some comparable homes to 28 Wayne Street?
There are currently no comparable homes to 28 Wayne Street.
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