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Worcester 01606 Indian Hill
3 Hockanum Way
$192,500
● House - Off Market

3 Hockanum Way

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,341 Ft²
$365,376
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

This wonderful Cape style home off of Indian Hill is just waiting for it's next owner.  The first floor offers a spacious living room, dining room with pellet stove and eat-in country kitchen.  The first floor half bath has plenty of space to bring the laundry upstairs for added convenience.  Large master and two additional beds along with an updated full bathroom complete the second floor.  The back yard has a new brick patio, space for a garden and storage shed for tools.  Large one car detached garage has lots of room for a work bench and extra storage.  New heating system, gas heat, replacement windows, city water/sewer and convenient highway access make this the perfect choice.  Easy to show and sell!
Unit Size
1,341 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$149
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1919

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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 #71778621)

Price History

Date / Event Date Event Price
Mar 30, 2015 Sold
Premium
Sold
Dec 23, 2014 Listed by Berkshire Hathaway HomeServices N.E. Prime Properties $199,900
Listed by Berkshire Hathaway HomeServices N.E. Prime Properties
Jul 30, 2009 Sold
Premium
Sold
Apr 23, 2009 Listed by Berkshire Hathaway HomeServices N.E. Prime Properties $227,900
Listed by Berkshire Hathaway HomeServices N.E. Prime Properties
Jul 19, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 681
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,400
  • Total Building Area: 1,341
  • Gross Building Area: 2,261
  • Building Area: 1,341
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,341
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 1916 DEV INDIAN HILL C
  • Land Acres: 0000000170
  • 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: 37-014-00120
  • Parcel: WORC M:37 B:014 L:00120
  • Block: 14
  • Lot: 120
  • Municipality: WORCESTER
  • Latitude: 42.3067
  • Longitude: -71.8098

    Address

  • Full Address: 3 Hockanum Way
  • Address - House Number: 3
  • Address - Street Name: Hockanum
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Worcester
  • Carrier Code: C015
  • 4-Digit Zip Code: 2605
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $446,000

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 415,903
  • High Value: 485,361
  • Low Value: 346,444

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,000
  • Assessed Land Value: $102,300
  • Assessed Improvements Value: $208,700

    Sales

  • Current Sale Recording Date: Mar 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26310
  • Previous Sale Recording Date: Jul 30, 2009
  • Previous Sale Amount: $225,400
  • 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 Indian Hill

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$303

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2093 ft²

Average Home Age

76.5 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# 71778621

Frequently Asked Questions

When was property at 3 Hockanum Way built and last sold?
The property at 3 Hockanum Way was built in 1919 and last sold on Jan 1, 1970 for $192,500.
How much is this home worth?
The estimated value of the home located at 3 Hockanum Way is $210,680.
What are some comparable homes to 3 Hockanum Way?
There are currently no comparable homes to 3 Hockanum Way.
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