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Worcester 01602 Newton Square
3 Cornell
$290,000
● House - Off Market

3 Cornell

Worcester, MA 01602
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,270 Ft²
$344,121
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Sweet West Side Cape. Two bedroom, one bath with fantastic open layout living space on first floor. Wide open classic flow... the highlighted central dining room seamlessly connects with large kitchen, huge family room, and just beyond the tasteful welcoming French Doors, you'll find the den. At some point that room was considered a bedroom. Maybe that's a possibility again? This home is selling as a 2 bedroom. Could be your gain? Hardwood floors nearly everywhere. Great storage space in full attic and walkout basement. Backyard is ideal. Not too much to mow and yet still big enough for some home run derby. This home is in tremendous shape and it has been well loved for years. Starting up or settling down... this is the one.
Unit Size
1,270 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$209
Property Type
House
Property Taxes
$249
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 years ago (MLSPIN #72761207)

Price History

Date / Event Date Event Price
Jan 15, 2021 Sold
Premium
Sold
Nov 25, 2020 Listed by Redfin Corp. $265,000
Listed by Redfin Corp.
Mar 17, 1998 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 720
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,344
  • Total Building Area: 1,270
  • Gross Building Area: 2,044
  • Building Area: 1,270
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,270
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730802

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 11-022-0037A
  • Parcel: WORC M:11 B:022 L:0037A
  • Block: 22
  • Lot: 37A
  • Municipality: WORCESTER
  • Latitude: 42.2772
  • Longitude: -71.8306

    Address

  • Full Address: 3 Cornell St
  • Address - House Number: 3
  • Address - Street Name: Cornell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1501
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $358,500

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 356,817
  • High Value: 428,838
  • Low Value: 284,796

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,000
  • Assessed Land Value: $77,100
  • Assessed Improvements Value: $172,900

    Sales

  • Current Sale Contract Date: Jan 06, 2021
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7249
  • Previous Sale Recording Date: Mar 17, 1998
  • Previous Sale Amount: $97,500
  • 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 Newton Square

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

60

Average Home Size

5536 ft²

Average Home Age

112.4 years

Currently For Sale

10 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72761207

Frequently Asked Questions

When was property at 3 Cornell Street built and last sold?
The property at 3 Cornell Street was built in 1925 and last sold on Jan 6, 2021 for $290,000.
How much is this home worth?
The estimated value of the home located at 3 Cornell Street is $0.
What are some comparable homes to 3 Cornell Street?
There are currently no comparable homes to 3 Cornell Street.
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