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Worcester 01609 Salisbury Street
31 Terrace Dr
Photo of 31 Terrace Dr
Sold on Aug 28, 2011

1

Map

$235,000
● House - Off Market

31 Terrace Dr

Worcester, MA 01609
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,153 Ft²
$520,849
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

Desirable address >> Gracious center entrance ..Lovely fireplaced living room, access to screened porch >> applianced kitchen - dining area open to spacious family room and deck>> Fabulous updated bath, whirlpool, shower, etc >>. Hardwoods >> walk out lower level game room with full bath..  >> recent roof >> central air conditioning.
Unit Size
2,153 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$109
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1937

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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: 28 days ago (MLSPIN #71264781)

Price History

Date / Event Date Event Price
Feb 2, 2024 Sold
Premium
Sold
Oct 7, 2023 In contract -
In contract
Sep 27, 2023 Listed by Tina Bilazarian, Inc. $550,000
Listed by Tina Bilazarian, Inc.
Feb 2, 2023 Sold
Premium
Sold
Sep 2, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 925
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 2,206
  • Gross Building Area: 4,575
  • Building Area: 2,206
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,206
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SALISBURY GABLES HOMESITES
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730801

Zoning

  • Zoning: RS-10

Geography

  • Account Number: 43-006-00015
  • Parcel: WORC M:43 B:006 L:00015
  • Block: 6
  • Lot: 15
  • Municipality: WORCESTER
  • Latitude: 42.2796
  • Longitude: -71.8221

    Address

  • Full Address: 31 Terrace Dr
  • Address - House Number: 31
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 1415
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $572,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 544,939
  • High Value: 591,451
  • Low Value: 498,428

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,300
  • Assessed Land Value: $106,600
  • Assessed Improvements Value: $292,700

    Sales

  • Current Sale Contract Date: Feb 02, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8446
  • Previous Sale Recording Date: Feb 02, 2023
  • Previous Sale Contract Date: Feb 02, 2023
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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 Salisbury Street

Stats & Trends

Median Asking:

$646,700

Sale Price/ft²

$265

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3006 ft²

Average Home Age

83.8 years

Currently For Sale

13 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 28 days ago
Data Source: MLS PIN, MLS# 71264781

Frequently Asked Questions

When was property at 31 Terrace Drive built and last sold?
The property at 31 Terrace Drive was built in 1937 and last sold on Feb 2, 2024 for $625,000.
How much is this home worth?
The estimated value of the home located at 31 Terrace Drive is $549,558.
What are some comparable homes to 31 Terrace Drive?
There are currently no comparable homes to 31 Terrace Drive.
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