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Worcester 01604 Hamilton
38 Montgomery Ave
$263,500
● House - Off Market

38 Montgomery Ave

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$412,270
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Beautiful MOVE-IN READY ranch on a fantastic corner lot in a superb East Side neighborhood. With everything done and new, move in and enjoy all the benefits this home has to offer. With a fairly open floor plan, this home is incredibly spacious and great for entertaining inside. This property is also great for entertaining outside with a large level back yard which is completely fenced in and home to an outstanding in-ground gunite pool and covered patio.  Around the corner from Holmes Field Park, several amenities are within walking distance. Under five minutes to UMASS Medical, 290 and Route 9, don't miss your opportunity to own this incredible property which has so much to offer.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$200
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1957

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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 months ago (MLSPIN #72226371)

Price History

Date / Event Date Event Price
Nov 9, 2017 Sold
Premium
Sold
Sep 11, 2017 Listed by EXIT Beacon Pointe Realty $259,900
Listed by EXIT Beacon Pointe Realty
Jan 17, 2014 Sold
Premium
Sold
Sep 19, 2013 Listed by EXIT Beacon Pointe Realty $185,000
Listed by EXIT Beacon Pointe Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 11
  • Exterior Walls Type: 18
  • 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: 1,300
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,980
  • Total Building Area: 1,300
  • Gross Building Area: 3,322
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000229
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732202

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 19-018-00132
  • Parcel: WORC M:19 B:018 L:00132
  • Block: 18
  • Lot: 132
  • Municipality: WORCESTER
  • Latitude: 42.2635
  • Longitude: -71.7728

    Address

  • Full Address: 38 Montgomery Ave
  • Address - House Number: 38
  • Address - Street Name: Montgomery
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C013
  • 4-Digit Zip Code: 2145
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $563,800

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 463,464
  • High Value: 550,356
  • Low Value: 376,571

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,200
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $290,000

    Sales

  • Current Sale Recording Date: Nov 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 125482
  • Previous Sale Recording Date: Jan 17, 2014
  • Previous Sale Amount: $180,000
  • 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 Hamilton

Stats & Trends

Median Asking:

$495,000

Sale Price/ft²

$284

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1787 ft²

Average Home Age

65.1 years

Currently For Sale

10 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
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: 5 months ago
Data Source: MLS PIN, MLS# 72226371

Frequently Asked Questions

When was property at 38 Montgomery Avenue built and last sold?
The property at 38 Montgomery Avenue was built in 1957 and last sold on Jan 1, 1970 for $263,500.
How much is this home worth?
The estimated value of the home located at 38 Montgomery Avenue is $266,859.
What are some comparable homes to 38 Montgomery Avenue?
There are currently no comparable homes to 38 Montgomery Avenue.
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