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Worcester
38 Prospect
$209,900
● House - Off Market

38 Prospect

Dudley, MA 01571
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$307,245
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

BACK ON THE MARKET!!! Previous buyer backed out days before closing!! This cute and cozy home has been loved for years and now looking for a new owner!  Great corner lot in a convenient side street of Dudley! This home has TONS of updates over the past 20 years! Renovated kitchen, replacement windows, ductless mini split AC, boiler, driveway and more!! The exterior of the home has lovely garden space for all of your vegetables and herbs, shed, two driveways and a wonderful deck to enjoy your summer nights! Interior has two spacious bedrooms, eat in kitchen, with hardwoods in your living and dining rooms! Enclosed porch, city water/sewer and more!! Rear shed being removed, property line seems to be in front of shed.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$202
Property Type
House
Property Taxes
$162
HOA Dues
-
Year Built
1948

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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 #72549081)

Price History

Date / Event Date Event Price
Nov 8, 2019 Sold
Premium
Sold
Aug 13, 2019 Listed by RE/MAX Bell Park Realty $209,900
Listed by RE/MAX Bell Park Realty
Aug 28, 1996 Sold
Premium
Sold
Nov 13, 1995 Listed by RE/MAX Bell Park Realty $84,900
Listed by RE/MAX Bell Park Realty

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • 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: 11,220
  • Total Building Area: 1,040
  • Gross Building Area: 2,445
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dudley-Charlton Regional School District
  • School Tax School District: DUDLEY-CHARLTON
  • Census Tract: 755100

Geography

  • Parcel: DUDL M:119 L:025
  • Lot: 25
  • Municipality: DUDLEY
  • Latitude: 42.0417
  • Longitude: -71.8992

    Address

  • Full Address: 38 Prospect Ave
  • Address - House Number: 38
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dudley
  • Carrier Code: C004
  • 4-Digit Zip Code: 3354
  • Zip Code: 01571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $267,600

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 329,721
  • High Value: 384,786
  • Low Value: 274,656

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $255,300
  • Assessed Land Value: $70,600
  • Assessed Improvements Value: $184,700

    Sales

  • Current Sale Contract Date: Sep 19, 2019
  • Current Sale Recording Date: Nov 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 120232
  • Previous Sale Recording Date: Aug 28, 1996
  • Previous Sale Amount: $83,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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 41 Prospect St, MA, 01570

$1,389 /mo

  • 2 Beds
  • 1 Bath
41 Prospect St, MA, 01570 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# 72549081

Frequently Asked Questions

When was property at 38 Prospect Avenue built and last sold?
The property at 38 Prospect Avenue was built in 1948 and last sold on Sep 19, 2019 for $209,900.
How much is this home worth?
The estimated value of the home located at 38 Prospect Avenue is $212,006.
What are some comparable homes to 38 Prospect Avenue?
There are currently no comparable homes to 38 Prospect Avenue.
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