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Worcester 01610 Main Middle
3 Ely St
$255,000
● House - Off Market

3 Ely St

Worcester, MA 01610
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,136 Ft²
$1,441
Est. Monthly

About This Property

Welcome home to 3 Ely Street in the highly desired town of Worcester, MA. This 2 bedroom 1.5 bathroom affordable home is patiently waiting for new owners to bring it back to life. New kitchen has been installed! Unbelievable location in the heart of Worcester close to hospitals, schools and highways. AS A BONUS this property comes with an additional lot next door 36 Castle Street which abuts a local park. Do not miss this opportunity to purchase in Worcester, MA for under $300k!
Unit Size
1,136 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$220
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1890

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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: 4 months ago (MLSPIN #73198485)

Price History

Date / Event Date Event Price
Apr 22, 2024 Sold
Premium
Sold
Apr 16, 2024 Temporarily off market -
Temporarily off market
Mar 18, 2024 In contract -
In contract
Mar 12, 2024 Price Decreased $250,000
↓ $25K (9.1%)
Price Decreased
Mar 5, 2024 Price Decreased $275,000
↓ $15K (5.1%)
Price Decreased
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 751
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,227
  • Total Building Area: 1,136
  • Gross Building Area: 2,136
  • Building Area: 1,136
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 7
  • Heated Square Feet: 1,136
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000028
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731400

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 6-018-0008A
  • Parcel: WORC M:06 B:018 L:0008A
  • Block: 18
  • Lot: 8A
  • Municipality: WORCESTER
  • Latitude: 42.258
  • Longitude: -71.8132

    Address

  • Full Address: 3 Ely St
  • Address - House Number: 3
  • Address - Street Name: Ely
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C016
  • 4-Digit Zip Code: 2408
  • Zip Code: 01610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $255,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 252,444
  • High Value: 274,135
  • Low Value: 230,753

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,200
  • Assessed Land Value: $23,600
  • Assessed Improvements Value: $154,600

    Sales

  • Current Sale Contract Date: Jan 16, 2024
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: 4672
  • Previous Sale Recording Date: Nov 05, 2020
  • Previous Sale Contract Date: Oct 29, 2020
  • Previous Sale Amount: $510,000
  • 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 Main Middle

Stats & Trends

Median Asking:

$639,999

Sale Price/ft²

$203

Below Asking

0.03%

Average Days on Market

72

Average Home Size

1974 ft²

Average Home Age

122.1 years

Currently For Sale

12 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: 4 months ago
Data Source: MLS PIN, MLS# 73198485

Frequently Asked Questions

When was property at 3 Ely Street built and last sold?
The property at 3 Ely Street was built in 1890 and last sold on Jan 16, 2024 for $400,000.
How much is this home worth?
The estimated value of the home located at 3 Ely Street is $252,577.
What are some comparable homes to 3 Ely Street?
There are currently no comparable homes to 3 Ely Street.
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