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Worcester 01604 Grafton Hill
3 Anderson Avenue
Photo of 3 Anderson Avenue
Sold on Jul 10, 2025

20

Map

Photo of 3 Anderson Avenue
Photo of 3 Anderson Avenue
$309,000
● House - Off Market

3 Anderson Avenue

Worcester, MA 01604
bedrooms
2 Beds
bathrooms
1 Bath
square feet
855 Ft²
$1,763
Est. Monthly
9.47%
Cap Rate

About This Property

**All offers are due Sunday, 6/1 by 10am**Charming fixer-upper in a prime location. Tucked in a beloved neighborhood and owned by the same family for over six decades, this two bedroom, one bath home is ready for its next chapter. With five rooms of living space, a sweet backyard and tons of potential this is a rare opportunity to restore character and charm or reimagine it entirely. Location is wonderful, just minutes to UMass, Lake Park, the train station, restaurants and major routes - ideal for commuters or investors looking for a smart project in a high demand area.
Unit Size
855 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$351
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1910

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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: 2 years ago (MLSPIN #73381254)

Price History

Date / Event Date Event Price
Jul 10, 2025 Sold
Premium
Sold
Jun 2, 2025 In contract -
In contract
May 28, 2025 Listed $299,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 23
  • 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: 612
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 855
  • Gross Building Area: 1,881
  • Building Area: 855
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 855
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732301

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 17-034-00017
  • Parcel: WORC M:17 B:034 L:00017
  • Block: 34
  • Lot: 17
  • Municipality: WORCESTER
  • Latitude: 42.2579
  • Longitude: -71.7662

    Address

  • Full Address: 3 Anderson Ave
  • Address - House Number: 3
  • Address - Street Name: Anderson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C021
  • 4-Digit Zip Code: 2317
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $321,200

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 305,746
  • High Value: 356,807
  • Low Value: 254,684

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,000
  • Assessed Land Value: $85,100
  • Assessed Improvements Value: $138,900
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 Grafton Hill

Stats & Trends

Median Asking:

$469,000

Sale Price/ft²

$278

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1979 ft²

Average Home Age

67.2 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73381254

Frequently Asked Questions

When was property at 3 Anderson Avenue built and last sold?
The property at 3 Anderson Avenue was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Anderson Avenue is $301,390.
What are some comparable homes to 3 Anderson Avenue?
There are currently no comparable homes to 3 Anderson Avenue.
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