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Worcester 01606 Burncoat
3 Pocasset Ave
$225,000
● House - Off Market

3 Pocasset Ave

Worcester, MA 01606
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,128 Ft²
$298,108
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

**HIGHEST AND BEST DUE SATURDAY MAY 30, 2020 AT 6PM.** Great starter or retirement home in the Burncoat area.  This 1100+SF Cape style home has 2 bedroom,1 bath and features a fireplaced living room and a first floor master bedroom. Updates include: newer siding, windows and heating system. Enjoy the private level backyard and easy access to anywhere in the City.
Unit Size
1,128 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$191
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1938

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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: 6 months ago (MLSPIN #72661885)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Oct 3, 2021 Listed by RE/MAX Advantage 1 $269,900
Listed by RE/MAX Advantage 1
Jul 9, 2020 Sold
Premium
Sold
May 26, 2020 Listed by RE/MAX Advantage 1 $215,000
Listed by RE/MAX Advantage 1

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 4
  • 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: 778
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,128
  • Gross Building Area: 2,312
  • Building Area: 1,128
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,128
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730200

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 36-025-00144
  • Parcel: WORC M:36 B:025 L:00144
  • Block: 25
  • Lot: 144
  • Municipality: WORCESTER
  • Latitude: 42.309
  • Longitude: -71.7833

    Address

  • Full Address: 3 Pocasset Ave
  • Address - House Number: 3
  • Address - Street Name: Pocasset
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C026
  • 4-Digit Zip Code: 1860
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $371,000

    Appraisal Valuation

  • Standard Deviation: 0.2007
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 346,687
  • High Value: 416,269
  • Low Value: 277,104

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,700
  • Assessed Land Value: $85,100
  • Assessed Improvements Value: $173,600

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 162815
  • Previous Sale Recording Date: Jul 09, 2020
  • Previous Sale Contract Date: Jul 03, 2020
  • Previous Sale Amount: $225,000
  • 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 Burncoat

Stats & Trends

Median Asking:

$429,000

Sale Price/ft²

$304

Above Asking

0.00%

Average Days on Market

54

Average Home Size

1378 ft²

Average Home Age

70.3 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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72661885

Frequently Asked Questions

When was property at 3 Pocasset Avenue built and last sold?
The property at 3 Pocasset Avenue was built in 1938 and last sold on Nov 19, 2021 for $306,000.
How much is this home worth?
The estimated value of the home located at 3 Pocasset Avenue is $279,217.
What are some comparable homes to 3 Pocasset Avenue?
There are currently no comparable homes to 3 Pocasset Avenue.
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