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Worcester 01604 Grafton Hill
329 Lake Avenue
Photo of 329 Lake Avenue
Sold on Oct 24, 2005

1

Map

$284,900
● House - Off Market

329 Lake Avenue

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,540 Ft²
$501,270
RealtyHop Estimate
72.91%
Since Nov 1, 2005
National-US
Primary Model

About This Property

Walk to the lake or park from this spacious & sunny 3 BR, 2 bath home w/ addt'l 250 sq ft family room in LL. Enjoy beautiful landscaping from the hot tub or 10x16 deck. Private dbl sized lot is accented by terraced gardens, dogwoods, fruit trees & herbs. Fall in love w/ the gorgeous woodwork & hardwood floors throughout. New roof in '05. Fully applianced eat-in kitchen w/ versatile island. Handymen & auto buffs will appreciate the oversized 2 car garage w/ workshop.
Unit Size
1,540 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$188
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1920

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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 #70254862)

Price History

Date / Event Date Event Price
Oct 24, 2005 Sold
Premium
Sold
Sep 6, 2005 Listed $289,900
Listed
Sep 24, 2003 Sold
Premium
Sold
Jun 22, 2003 Listed $254,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • 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: 728
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,840
  • Total Building Area: 1,722
  • Gross Building Area: 2,616
  • Building Area: 1,722
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,722
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000134
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732301

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 41-015-00060
  • Parcel: WORC M:41 B:015 L:00060
  • Block: 15
  • Lot: 60
  • Municipality: WORCESTER
  • Latitude: 42.2541
  • Longitude: -71.7524

    Address

  • Full Address: 329 Lake Ave
  • Address - House Number: 329
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1319
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $489,300

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 447,479
  • High Value: 528,835
  • Low Value: 366,124

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,200
  • Assessed Land Value: $95,200
  • Assessed Improvements Value: $246,000

    Sales

  • Current Sale Recording Date: Oct 24, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00180107
  • Previous Sale Recording Date: Sep 24, 2003
  • Previous Sale Amount: $251,500
  • 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 Grafton Hill

Stats & Trends

Median Asking:

$449,950

Sale Price/ft²

$277

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1833 ft²

Average Home Age

65.1 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70254862

Frequently Asked Questions

When was property at 329 Lake Avenue built and last sold?
The property at 329 Lake Avenue was built in 1920 and last sold on Jan 1, 1970 for $284,900.
How much is this home worth?
The estimated value of the home located at 329 Lake Avenue is $299,228.
What are some comparable homes to 329 Lake Avenue?
There are currently no comparable homes to 329 Lake Avenue.
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