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Worcester 01602 Newton Square
31 St Elmo Rd
$430,000
● House - Off Market

31 St Elmo Rd

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,482 Ft²
$473,623
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Welcome HOME to this updated, 3 bedroom, 2 full bath colonial on a dead end street! First floor has a brand new kitchen with custom tile and gleaming, newly refinished hardwoods. The living room has a Carrera marble gas fireplace and French door access to a screened in porch and expansive multi level deck overlooking a pool. Second floor of the home has a large Master bedroom with walk in closet, two other bedrooms and a beautifully finished bathroom with vaulted ceiling and skylights. Enjoy a fully fenced in yard, replacement windows, new heating system and plenty of room for storage and growth! DRY Basement has bulkhead access. Additional shed off the back of the garage for yard/pool equipment storage. Bonus: You have access to Hadwen lane from the rear of the house! Motivated sellers!
Unit Size
1,482 Ft²
Days on Market
-
Land Size
197.00 acres
Price per sqft
$290
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1937

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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: 5 years ago (MLSPIN #72906624)

Price History

Date / Event Date Event Price
Dec 17, 2021 Sold
Premium
Sold
Oct 10, 2021 Listed by ERA Key Realty Services - Worcester $429,900
Listed by ERA Key Realty Services - Worcester
Sep 7, 2001 Sold
Premium
Sold
Jun 20, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • 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: 720
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,384
  • Total Building Area: 1,482
  • Gross Building Area: 3,424
  • Building Area: 1,482
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,482
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 24-017-00028
  • Parcel: WORC M:24 B:017 L:00028
  • Block: 17
  • Lot: 28
  • Municipality: WORCESTER
  • Latitude: 42.2704
  • Longitude: -71.8317

    Address

  • Full Address: 31 Saint Elmo Rd
  • Address - House Number: 31
  • Address - Street Name: Saint Elmo
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C012
  • 4-Digit Zip Code: 2639
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $502,000

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 447,242
  • High Value: 525,599
  • Low Value: 368,885

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,100
  • Assessed Land Value: $102,300
  • Assessed Improvements Value: $247,800

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 176401
  • Previous Sale Recording Date: Sep 07, 2001
  • Previous Sale Amount: $215,000
  • 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 Newton Square

Stats & Trends

Median Asking:

$524,950

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

63

Average Home Size

4873 ft²

Average Home Age

111.9 years

Currently For Sale

12 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: 5 years ago
Data Source: MLS PIN, MLS# 72906624

Frequently Asked Questions

When was property at 31 St Elmo Road built and last sold?
The property at 31 St Elmo Road was built in 1937 and last sold on Dec 17, 2021 for $430,000.
How much is this home worth?
The estimated value of the home located at 31 St Elmo Road is $0.
What are some comparable homes to 31 St Elmo Road?
There are currently no comparable homes to 31 St Elmo Road.
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