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Worcester 01605 Biotech Park Area
3 Winco Road
$275,000
● House - Off Market

3 Winco Road

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,144 Ft²
$392,439
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Move-in Ready Ranch that offers 3 Beds/1 Bath. Your new home has been renovated, featuring a cozy living room that flows right into the spacious eat-in kitchen. Large bathroom with Washer/Dryer Hookup, and 3 bedrooms! Young Roof, Heating System, New Oil Tank, Updated 200AMP Electrical, & New Hardwood floors throughout. Home has ample off street parking and a 2 car garage.  Walking distance to UMASS, Main Campus and Medical Technology Park. Easy access to Rt. 9 and 290.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$245
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1920

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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 #72644274)

Price History

Date / Event Date Event Price
Jun 16, 2020 Sold
Premium
Sold
Apr 15, 2020 Listed by LAER Realty Partners $279,900
Listed by LAER Realty Partners
Nov 17, 2017 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 1,144
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,144
  • Gross Building Area: 2,288
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732002

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 46-007-00501
  • Parcel: WORC M:46 B:007 L:00501
  • Block: 7
  • Lot: 501
  • Municipality: WORCESTER
  • Latitude: 42.2834
  • Longitude: -71.762

    Address

  • Full Address: 3 Winco Rd
  • Address - House Number: 3
  • Address - Street Name: Winco
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C001
  • 4-Digit Zip Code: 2339
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $465,900

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 394,234
  • High Value: 474,268
  • Low Value: 314,201

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,900
  • Assessed Land Value: $106,300
  • Assessed Improvements Value: $218,600

    Sales

  • Current Sale Contract Date: Jun 04, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63179
  • Previous Sale Recording Date: Nov 17, 2017
  • Previous Sale Amount: $275,000
  • 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 Biotech Park Area

Stats & Trends

Median Asking:

$559,900

Sale Price/ft²

$248

Below Asking

0.04%

Average Days on Market

61

Average Home Size

2497 ft²

Average Home Age

74.5 years

Currently For Sale

4 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 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# 72644274

Frequently Asked Questions

When was property at 3 Winco Road built and last sold?
The property at 3 Winco Road was built in 1920 and last sold on Jun 4, 2020 for $275,000.
How much is this home worth?
The estimated value of the home located at 3 Winco Road is $282,610.
What are some comparable homes to 3 Winco Road?
There are currently no comparable homes to 3 Winco Road.
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