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Worcester
29 Jerome Ave
$293,000
● House - Off Market

29 Jerome Ave

Auburn, MA 01501
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$1,745
Est. Monthly

About This Property

Welcome Home! This two-bedroom home has warmth and character. The built-in cabinets give it a cozy cottage feel. There are many different layout possibilities and with some tlc you will really be able to personalize the space and make it your own.  Enjoy the beautiful natural light indoors or relax for the evening on the enclosed porch and watch the seasons go by. Around the back you'll find a spacious deck and generous backyard that is ideal for entertaining. Not only would this be a great starter home, but by renting to college students, it could also be the perfect opportunity for an investment property.  Located close to all major routes such as 290, the Mass Pike, Rt 146 & Rt 20.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$288
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1925

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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 #73169450)

Price History

Date / Event Date Event Price
Dec 20, 2023 Sold
Premium
Sold
Nov 4, 2023 In contract -
In contract
Oct 12, 2023 Listed by The Network Group $299,000
Listed by The Network Group
Aug 31, 2007 Sold
Premium
Sold
Jul 9, 2007 Listed by The Network Group $199,000
Listed by The Network Group
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,100
  • Total Building Area: 1,040
  • Gross Building Area: 2,178
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000278
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Auburn School District
  • School Tax School District: AUBURN SD
  • Census Tract: 736400

Geography

  • Account Number: 770
  • District: 17
  • Parcel: AUBU M:0006 L:0079
  • Lot: 79
  • Municipality: AUBURN
  • Latitude: 42.2285
  • Longitude: -71.818

    Address

  • Full Address: 29 Jerome Ave
  • Address - House Number: 29
  • Address - Street Name: Jerome
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Auburn
  • Carrier Code: C004
  • 4-Digit Zip Code: 2619
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $344,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0856
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 300,703
  • High Value: 326,473
  • Low Value: 274,933

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $230,800
  • Assessed Land Value: $103,900
  • Assessed Improvements Value: $126,900

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Dec 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 106508
  • Previous Sale Recording Date: Aug 31, 2007
  • Previous Sale Amount: $191,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2401 ft²

Average Home Age

63.3 years

Currently For Sale

2000 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 months ago
Data Source: MLS PIN, MLS# 73169450

Frequently Asked Questions

When was property at 29 Jerome Avenue built and last sold?
The property at 29 Jerome Avenue was built in 1925 and last sold on Dec 20, 2023 for $293,000.
How much is this home worth?
The estimated value of the home located at 29 Jerome Avenue is $296,039.
What are some comparable homes to 29 Jerome Avenue?
There are currently no comparable homes to 29 Jerome Avenue.
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