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Worcester 01609 Institute Park
3 Home St
$168,367
● House - Off Market

3 Home St

Worcester, MA 01609
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,992 Ft²
$302,678
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Well maintained Single family with a nice enclosed porch located within walking distance to WPI and Becker College. Large kitchen with granite counters, white cabinets and tile floors.  The Living room and dining room has Pergo flooring. The 2 full baths have been updated with the last few years. The front entrance has a beautiful stairway leading to the second floor 3 bedrooms. Garage space for 2 cars and additional parking for 4 cars in the drive way. This is absolutely a place to call home! Walk to Elm Park in the summer! Near so many conveniences (gas Station, laundry, elementary school, grocery store, etc! You can always walk Downtown Worcester!
Unit Size
1,992 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$90
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1880

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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 #72082103)

Price History

Date / Event Date Event Price
Dec 27, 2016 Sold
Premium
Sold
Oct 16, 2016 Listed by XSell Realty, LLC $179,900
Listed by XSell Realty, LLC
Jan 12, 2010 Sold
Premium
Sold
Dec 2, 2009 Listed by XSell Realty, LLC $139,900
Listed by XSell Realty, LLC
Sep 30, 1995 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,138
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,418
  • Total Building Area: 1,992
  • Gross Building Area: 3,566
  • Building Area: 1,992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,992
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731601

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 2-034-00020
  • Parcel: WORC M:02 B:034 L:00020
  • Block: 34
  • Lot: 20
  • Municipality: WORCESTER
  • Latitude: 42.2687
  • Longitude: -71.8046

    Address

  • Full Address: 3 Home St
  • Address - House Number: 3
  • Address - Street Name: Home
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C008
  • 4-Digit Zip Code: 2611
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $461,000

    Appraisal Valuation

  • Standard Deviation: 0.2749
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 386,554
  • High Value: 492,854
  • Low Value: 280,254

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,500
  • Assessed Land Value: $80,800
  • Assessed Improvements Value: $240,700

    Sales

  • Current Sale Recording Date: Dec 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 149497
  • Previous Sale Recording Date: Jan 12, 2010
  • Previous Sale Amount: $137,500
  • 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 Institute Park

Stats & Trends

Median Asking:

$416,250

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2492 ft²

Average Home Age

113.1 years

Currently For Sale

14 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# 72082103

Frequently Asked Questions

When was property at 3 Home Street built and last sold?
The property at 3 Home Street was built in 1880 and last sold on Jan 1, 1970 for $168,367.
How much is this home worth?
The estimated value of the home located at 3 Home Street is $198,408.
What are some comparable homes to 3 Home Street?
There are currently no comparable homes to 3 Home Street.
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