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Worcester 01604 Grafton Hill
37 Modoc Street
$475,000
● House - Off Market

37 Modoc Street

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,750 Ft²
$509,224
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Welcome to one of the newest developments in the 01604! One of 15+ Brand NEW Single family-attached homes featuring 3 bedrooms/ 2.5 baths- upgrades galore and a walk out basement waiting for your creativity.  Cul-de-sac living close to UMASS, RT 9, Rt 20 and the MassPike.
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$274
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 #73024644)

Price History

Date / Event Date Event Price
Dec 23, 2022 Sold
Premium
Sold
Dec 12, 2022 In contract -
In contract
Dec 9, 2022 Price Decreased $479,999
↓ $20K (4%)
Price Decreased
Nov 23, 2022 Relisted $499,999
Relisted
Oct 5, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • 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: 5,936
  • Total Building Area: 5,152
  • Gross Building Area: 7,992
  • Building Area: 5,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000136
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

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

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 38-017-1A-02
  • Parcel: WORC M:38 B:017 L:1A-02
  • Block: 17
  • Lot: 1A-2
  • Municipality: WORCESTER
  • Latitude: 42.2553
  • Longitude: -71.7605

    Address

  • Full Address: 37 Modoc St
  • Address - House Number: 37
  • Address - Street Name: Modoc
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C030
  • 4-Digit Zip Code: 1965
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,135,400

    Appraisal Valuation

  • Standard Deviation: 0.2558
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 656,349
  • High Value: 824,254
  • Low Value: 488,444

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $791,800
  • Assessed Land Value: $93,300
  • Assessed Improvements Value: $698,500

    Sales

  • Current Sale Contract Date: Dec 23, 2022
  • Current Sale Recording Date: Dec 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 135448
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

1747 ft²

Average Home Age

69.3 years

Currently For Sale

22 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 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73024644

Frequently Asked Questions

When was property at 37 Modoc Street built and last sold?
The property at 37 Modoc Street was built in 2020 and last sold on Dec 23, 2022 for $475,000.
How much is this home worth?
The estimated value of the home located at 37 Modoc Street is $488,880.
What are some comparable homes to 37 Modoc Street?
There are currently no comparable homes to 37 Modoc Street.
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