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Worcester 01606 Indian Hill
3 Hingham Rd
$225,000
● House - Off Market

3 Hingham Rd

Worcester, MA 01606
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,088 Ft²
$373,273
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Great Location...This beautiful ranch style home sits on a corner lot. Featuring a spacious sun filled living room, an open eat-in, fully applianced kitchen with lots of counter top space, cabinetry and recessed lighting. The home has been freshly painted with newer replacement window. There are beautiful hardwood floors. With 4 bedrooms you will have the flexibility to use one as an office or den. a new pellet stove was installed last year and provided even heating at an economical price. A 200 Amp circuit breaker electrical service was also added. There is a party sized deck off the kitchen, a very large level yard, a one car garage and a storage shed...Stop by, you will not be disappointed.
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$202
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1973

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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 #71998110)

Price History

Date / Event Date Event Price
Jun 29, 2016 Sold
Premium
Sold
May 2, 2016 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $219,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
May 14, 2014 Sold
Premium
Sold
Oct 29, 2013 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $199,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
May 22, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 2
  • Basement Area: 1,088
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,109
  • Total Building Area: 1,088
  • Gross Building Area: 2,421
  • Building Area: 1,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HINGHAM HILL SEC A
  • Land Acres: 0000000278
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730100

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 49-042-00012
  • Parcel: WORC M:49 B:042 L:00012
  • Block: 42
  • Lot: 12
  • Municipality: WORCESTER
  • Latitude: 42.3177
  • Longitude: -71.8131

    Address

  • Full Address: 3 Hingham Rd
  • Address - House Number: 3
  • Address - Street Name: Hingham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C005
  • 4-Digit Zip Code: 2556
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $497,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 427,329
  • High Value: 509,765
  • Low Value: 344,892

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,200
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $243,900

    Sales

  • Current Sale Recording Date: Jun 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68481
  • Previous Sale Recording Date: May 14, 2014
  • Previous Sale Amount: $185,000
  • 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 Indian Hill

Stats & Trends

Median Asking:

$434,450

Sale Price/ft²

$301

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2170 ft²

Average Home Age

67.6 years

Currently For Sale

8 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: 4 months ago
Data Source: MLS PIN, MLS# 71998110

Frequently Asked Questions

When was property at 3 Hingham Road built and last sold?
The property at 3 Hingham Road was built in 1973 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 3 Hingham Road is $224,118.
What are some comparable homes to 3 Hingham Road?
There are currently no comparable homes to 3 Hingham Road.
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