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Worcester 01606 Greendale
Lot 29 Greendale Ave
$105,000
● Land - Off Market

Lot 29 Greendale Ave

Worcester, MA 01606
bedrooms
Studio
bathrooms
0 Bath
$140,405
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Prime building opportunity in a Greendale area of the city. All plans on hands, city water and sewer, and gas available on street. Approved variance by the city of Worcester.  Quiet, dead end street.   Everything is ready for you to apply for permit. See attached documents.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2021

Payment Calculator

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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 #72715819)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Oct 9, 2020 Sold
Premium
Sold
Aug 26, 2020 Listed by Starterline $105,000
Listed by Starterline

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,798
  • Gross Building Area: 3,455
  • Building Area: 2,798
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,798
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730300

Geography

  • Account Number: 12-018-006-1
  • Parcel: WORC M:12 B:018 L:006-1
  • Block: 18
  • Lot: 6-1
  • Municipality: WORCESTER
  • Latitude: 42.3087
  • Longitude: -71.7937

    Address

  • Full Address: 29 Greendale Ave
  • Address - House Number: 29
  • Address - Street Name: Greendale
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C023
  • 4-Digit Zip Code: 2229
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $748,500

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 84
  • Final Value: 637,426
  • High Value: 721,887
  • Low Value: 552,964

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $522,000
  • Assessed Land Value: $98,900
  • Assessed Improvements Value: $423,100

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 137478
  • Previous Sale Recording Date: Oct 09, 2020
  • Previous Sale Contract Date: Oct 06, 2020
  • Previous Sale Amount: $105,865
  • 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 Greendale

Stats & Trends

Median Asking:

$469,000

Sale Price/ft²

$293

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2653 ft²

Average Home Age

73.6 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72715819

Frequently Asked Questions

When was property at 29 Greendale Avenue built and last sold?
The property at 29 Greendale Avenue was built in 2021 and last sold on Sep 30, 2021 for $519,865.
How much is this home worth?
The estimated value of the home located at 29 Greendale Avenue is $0.
What are some comparable homes to 29 Greendale Avenue?
There are currently no comparable homes to 29 Greendale Avenue.
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