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Worcester 01602 Webster Square
38 Knowles Road
$160,000
● House - Off Market

38 Knowles Road

Worcester, MA 01602
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,924 Ft²
$326,608
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Excellent value for first time home buyer.  Ranch style home features front to back living room with hardwoods, kitchen offers a large sunfilled breakfast area, bedrooms with hardwoods. Cozy finished lower lever with quarter bath.  Enclosed 3-season room leads out to an oversized deck.  Flat level lot.  Excellent location.  New roof, furnace 2 years old.
Unit Size
1,924 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$91
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1953

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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 #71744096)

Price History

Date / Event Date Event Price
Dec 4, 2018 Sold
Premium
Sold
Nov 26, 2014 Sold
Premium
Sold
Sep 16, 2014 Listed by Coldwell Banker Residential Brokerage - Shrewsbury $175,000
Listed by Coldwell Banker Residential Brokerage - Shrewsbury

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 936
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,576
  • Total Building Area: 988
  • Gross Building Area: 2,368
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731101

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 51-014-00014
  • Parcel: WORC M:51 B:014 L:00014
  • Block: 14
  • Lot: 14
  • Municipality: WORCESTER
  • Latitude: 42.2589
  • Longitude: -71.8378

    Address

  • Full Address: 38 Knowles Rd
  • Address - House Number: 38
  • Address - Street Name: Knowles
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C030
  • 4-Digit Zip Code: 3260
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $415,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2055
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 72
  • Final Value: 362,117
  • High Value: 436,556
  • Low Value: 287,678

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,000
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $205,000

    Sales

  • Current Sale Contract Date: Nov 09, 2018
  • Current Sale Recording Date: Dec 04, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 128356
  • Previous Sale Recording Date: Nov 26, 2014
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: O
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

2345 ft²

Average Home Age

93.4 years

Currently For Sale

25 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71744096

Frequently Asked Questions

When was property at 38 Knowles Road built and last sold?
The property at 38 Knowles Road was built in 1953 and last sold on Nov 9, 2018 for $229,000.
How much is this home worth?
The estimated value of the home located at 38 Knowles Road is $190,749.
What are some comparable homes to 38 Knowles Road?
There are currently no comparable homes to 38 Knowles Road.
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