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Worcester 01602 Webster Square
3 Passway Four
$79,000
● House - Off Market

3 Passway Four

Worcester, MA 01602
bedrooms
1 Bed
bathrooms
1 Bath
square feet
900 Ft²
$169,518
RealtyHop Estimate
112.16%
Since Aug 1, 2010
National-US
Primary Model

About This Property

Great  quiet dead end street. Needs work, but location makes it well worth the investment.  Nice corner lot with 1/3 of an acre of land providing great expansion possibilities.  Roof is just over a year old, washer, dryer and stove are new.  All but three windows have been replaced.  Two rooms added to the attic.  The bus stops in front of the home.  Tons of potential.
Unit Size
900 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$89
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
1935

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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 #70981192)

Price History

Date / Event Date Event Price
Jul 15, 2010 Sold
Premium
Sold
Sep 27, 2009 Listed by Sullivan Real Estate Group $79,900
Listed by Sullivan Real Estate Group

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 3
  • Exterior Walls Type: 19
  • 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: 624
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,210
  • Total Building Area: 749
  • Gross Building Area: 1,912
  • Building Area: 749
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 749
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERMITAGE CAMP SITES 03
  • Land Acres: 0000000303
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730901

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 42-023-01-04
  • Parcel: WORC M:42 B:023 L:01-04
  • Block: 23
  • Lot: 1-4
  • Municipality: WORCESTER
  • Latitude: 42.2583
  • Longitude: -71.8553

    Address

  • Full Address: 3 Passway 4
  • Address - House Number: 3
  • Address - Street Name: Passway 4
  • State: MA
  • City Name: Worcester
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $209,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 199,947
  • High Value: 238,972
  • Low Value: 160,922

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,400
  • Assessed Land Value: $85,800
  • Assessed Improvements Value: $60,600

    Sales

  • Current Sale Recording Date: Jul 15, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00074515
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 Webster Square

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2413 ft²

Average Home Age

92 years

Currently For Sale

24 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70981192

Frequently Asked Questions

When was property at 3 Passway 4 built and last sold?
The property at 3 Passway 4 was built in 1935 and last sold on Jan 1, 1970 for $79,000.
How much is this home worth?
The estimated value of the home located at 3 Passway 4 is $91,246.
What are some comparable homes to 3 Passway 4?
There are currently no comparable homes to 3 Passway 4.
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