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Worcester 01609 Salisbury Street
3 Academy Street
Photo of 3 Academy Street
Sold on Oct 17, 2011

1

Map

$550,000
● House - Off Market

3 Academy Street

Worcester, MA 01609
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,303 Ft²
$1,272,731
RealtyHop Estimate
127.31%
Since Nov 1, 2011
National-US
Primary Model

About This Property

Gracious foyer overlooks lovely grounds and inground pool. Grand Formal fireplaced living room, lovly formal dining room. Eat-in kitchen with stainless steel appliances, large pantry and familyroom with built-ins and wood stove. Magnificiant staircase leads to second floor. Master bedroom with fireplace, full bath and dressing room. A pleasure to show.
Unit Size
4,303 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$130
Property Type
House
Property Taxes
$839
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 months ago (MLSPIN #71221971)

Price History

Date / Event Date Event Price
Oct 17, 2011 Sold
Premium
Sold
Apr 26, 2011 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $559,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Sep 15, 1998 Sold
Premium
Sold
Jun 16, 1998 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $389,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Aug 18, 1995 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,408
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 26,500
  • Total Building Area: 5,371
  • Gross Building Area: 8,623
  • Building Area: 5,371
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 5,371
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000608
  • 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: 20-009-13+14
  • Parcel: WORC M:20 B:009 L:13+14
  • Block: 9
  • Lot: 13+14
  • Municipality: WORCESTER
  • Latitude: 42.2803
  • Longitude: -71.813

    Address

  • Full Address: 3 Academy St
  • Address - House Number: 3
  • Address - Street Name: Academy
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C015
  • 4-Digit Zip Code: 1616
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,269,200

    Appraisal Valuation

  • Standard Deviation: 0.1578
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,073,777
  • High Value: 1,243,297
  • Low Value: 904,258

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $885,100
  • Assessed Land Value: $107,600
  • Assessed Improvements Value: $777,500

    Sales

  • Current Sale Recording Date: Oct 17, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000010
  • Previous Sale Recording Date: Sep 15, 1998
  • Previous Sale Amount: $365,000
  • 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 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

Unit for rent at 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera
Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 71221971

Frequently Asked Questions

When was property at 3 Academy Street built and last sold?
The property at 3 Academy Street was built in 1910 and last sold on Jan 1, 1970 for $550,000.
How much is this home worth?
The estimated value of the home located at 3 Academy Street is $562,131.
What are some comparable homes to 3 Academy Street?
There are currently no comparable homes to 3 Academy Street.
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