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Worcester 01602 Salisbury Street
29 Chippewa Road
$396,000
● House - Off Market

29 Chippewa Road

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$338,782
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Charming 3BR/1 Bath Colonial set in established Salisbury Street neighborhood setting is waiting for you!  The Kitchen with maple cabinets, corian counters and dining area with bow window overlooking private, level yard is heart of the home!  Open floor plan features original hardwoods in the Dining Room and Living Room with fireplace and access to screen porch – just ideal for morning coffee or dining el fresco this summer.  1 Car Garage, and Gutters in place.  You won't be disappointed – all set on a tree lined street, with easy access to all Worcester has to offer – dining, museums, activities, shopping and services.  Welcome Home!
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$291
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1938

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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 #72971304)

Price History

Date / Event Date Event Price
Jun 1, 2022 Sold
Premium
Sold
Apr 25, 2022 Listed by Gibbs Realty Inc. $334,900
Listed by Gibbs Realty Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 528
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,813
  • Total Building Area: 1,152
  • Gross Building Area: 1,825
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AMHERST VILLAGE
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RS-10

Geography

  • Account Number: 43-008-00060
  • Parcel: WORC M:43 B:008 L:00060
  • Block: 8
  • Lot: 60
  • Municipality: WORCESTER
  • Latitude: 42.2779
  • Longitude: -71.8279

    Address

  • Full Address: 29 Chippewa Rd
  • Address - House Number: 29
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C014
  • 4-Digit Zip Code: 1526
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $420,700

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 405,773
  • High Value: 481,482
  • Low Value: 330,064

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,400
  • Assessed Land Value: $102,500
  • Assessed Improvements Value: $190,900

    Sales

  • Current Sale Contract Date: Jun 01, 2022
  • Current Sale Recording Date: Jun 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 59568
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 Salisbury Street

Stats & Trends

Median Asking:

$646,700

Sale Price/ft²

$265

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3199 ft²

Average Home Age

85.9 years

Currently For Sale

13 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# 72971304

Frequently Asked Questions

When was property at 29 Chippewa Road built and last sold?
The property at 29 Chippewa Road was built in 1938 and last sold on Jun 1, 2022 for $396,000.
How much is this home worth?
The estimated value of the home located at 29 Chippewa Road is $343,516.
What are some comparable homes to 29 Chippewa Road?
There are currently no comparable homes to 29 Chippewa Road.
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