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Worcester 01607 North Quinsigamond Village
37 Blackstone River Rd
$165,000
● Land - Off Market

37 Blackstone River Rd

Worcester, MA 01607
bedrooms
Studio
bathrooms
0 Bath
$277,171
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Great opportunity to purchase a cleared, level, commercial lot. Zoned BL-1 which allows for many possibilities of how it can be developed such as multi-family, commercial, offices, retail and more! Located close to shopping plazas, an elementary school, restaurants, a convenience store, a park, walking/biking trails, the Worcester Visitors Center and College of the Holy Cross. Extremely quick access to major routs such 20, 146, 290 and the Mass Pike. About a mile and a half from the fast developing  and popular canal district and Polar Park, the future home of the Woo Sox. Public utilities are available at the street. See attached zoning ordinance for permitted use tables on pages 31 through 38. Zoning map also attached.
Unit Size
-
Days on Market
-
Land Size
0.61 acres
Price per sqft
-
Property Type
Land
Property Taxes
$487
HOA Dues
-
Year Built
-

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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 #72618829)

Price History

Date / Event Date Event Price
Jul 21, 2020 Sold
Premium
Sold
Feb 10, 2020 Listed by 1 Worcester Homes $199,900
Listed by 1 Worcester Homes

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,688
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000613
  • Standard Land Use Code: 2036
  • County Land Use Code: 337

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732901

Zoning

  • Zoning: BL-1

Geography

  • Account Number: 10-016-17+19
  • Parcel: WORC M:10 B:016 L:17+19
  • Block: 16
  • Lot: 17+19
  • Municipality: WORCESTER
  • Latitude: 42.2335
  • Longitude: -71.7948

    Address

  • Full Address: 37 Blackstone River Rd
  • Address - House Number: 37
  • Address - Street Name: Blackstone River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C005
  • 4-Digit Zip Code: 1379
  • Zip Code: 01607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $510,500
  • Initial Tax Delinquent Year: 2024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,300
  • Assessed Land Value: $163,300

    Sales

  • Current Sale Contract Date: Jul 13, 2020
  • Current Sale Recording Date: Jul 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 78919
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 North Quinsigamond Village

Stats & Trends

Median Asking:

$394,000

Sale Price/ft²

$251

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1369 ft²

Average Home Age

50.5 years

Currently For Sale

11 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: 5 years ago
Data Source: MLS PIN, MLS# 72618829

Frequently Asked Questions

When was property at 37 Blackstone River Road built and last sold?
The property at 37 Blackstone River Road was built in and last sold on Jul 13, 2020 for $165,000.
How much is this home worth?
The estimated value of the home located at 37 Blackstone River Road is $0.
What are some comparable homes to 37 Blackstone River Road?
There are currently no comparable homes to 37 Blackstone River Road.
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