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Worcester 01602 Webster Square
34 Reed St
$385,000
● House - Off Market

34 Reed St

Worcester, MA 01602
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,170 Ft²
$2,192
Est. Monthly

About This Property

Welcome to this Delightfully Warm and Cozy Bungalow on the West Side of Worcester that has been Well Maintained and Loved for Many years with Tasteful updates including Updated Kitchen and Bath, Newer Heating System, Plumbing, Roof, French Drain, Newer Windows for Natural Light, & blown in insulation. Move-in condition, this Cozy Two-Bedroom, One Bath Home has Hardwood Flooring throughout. Good size Living Room & Dining Room, as well as a Sunroom off of Dining Room for relaxing at end of day with your favorite beverage. Private level backyard with patio to enjoy with your family. Detached Garage and Shed.
Unit Size
1,170 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$325
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1927

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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 #73301272)

Price History

Date / Event Date Event Price
Dec 30, 2024 Sold
Premium
Sold
Nov 22, 2024 In contract -
In contract
Nov 4, 2024 Relisted $379,900
Relisted
Oct 21, 2024 In contract -
In contract
Oct 11, 2024 Listed by ERA Key Realty Services - Worcester $379,900
Listed by ERA Key Realty Services - Worcester
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 600
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,275
  • Total Building Area: 1,200
  • Gross Building Area: 2,014
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731102

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 14-004-0034A
  • Parcel: WORC M:14 B:004 L:0034A
  • Block: 4
  • Lot: 34A
  • Municipality: WORCESTER
  • Latitude: 42.2617
  • Longitude: -71.8337

    Address

  • Full Address: 34 Reed St
  • Address - House Number: 34
  • Address - Street Name: Reed
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C002
  • 4-Digit Zip Code: 4356
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $374,300

    Appraisal Valuation

  • Standard Deviation: 0.1916
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 347,050
  • High Value: 413,571
  • Low Value: 280,529

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,000
  • Assessed Land Value: $96,100
  • Assessed Improvements Value: $164,900

    Sales

  • Current Sale Recording Date: Nov 22, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00176102
  • Previous Sale Recording Date: May 31, 2006
  • Previous Sale Amount: $229,900
  • 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 Webster Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2368 ft²

Average Home Age

94.8 years

Currently For Sale

26 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: 4 months ago
Data Source: MLS PIN, MLS# 73301272

Frequently Asked Questions

When was property at 34 Reed Street built and last sold?
The property at 34 Reed Street was built in 1927 and last sold on Jan 1, 1970 for $229,900.
How much is this home worth?
The estimated value of the home located at 34 Reed Street is $368,250.
What are some comparable homes to 34 Reed Street?
There are currently no comparable homes to 34 Reed Street.
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