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Worcester 01604 Vernon Hill
39 Wabash Ave
$294,900
● House - Off Market

39 Wabash Ave

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,149 Ft²
$375,124
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

A Rare find in RG-5 Zoning! A Renovated, updated 2-3 bedroom Colonial on an 11,250sf lot with expansion possibilities for a 2nd single family attached unit!  Tremendous potential for savy investors, builders or flippers. Live in current home while 2nd unit is built, then rent one side, or sell both. Or keep as is and enjoy a gorgeous level yard w/potential to build a garage.  The current home has been lovingly maintained and updated over the years, vinyl sided, replacement windows, updated furnace & electrical, sparkling hardwoods, updated open kitchen w/stainless appliances, cathedral bedrooms on 2nd floor, formal dining or 3rd bedroom, a huge front entry mudroom, plus a new party deck off the back that awaits your summer BBQ's. The home is move-in ready & can close quickly.
Unit Size
1,149 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$257
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
1890

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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 years ago (MLSPIN #72768433)

Price History

Date / Event Date Event Price
Feb 5, 2021 Sold
Premium
Sold
Dec 19, 2020 Listed by 1 Worcester Homes $294,900
Listed by 1 Worcester Homes

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 598
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,250
  • Total Building Area: 1,149
  • Gross Building Area: 2,240
  • Building Area: 1,149
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,149
  • Heating Fuel Type: 0

    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: Worcester School District
  • Census Tract: 732700

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 35-025-00048
  • Parcel: WORC M:35 B:025 L:00048
  • Block: 25
  • Lot: 48
  • Municipality: WORCESTER
  • Latitude: 42.2441
  • Longitude: -71.7895

    Address

  • Full Address: 39 Wabash Ave
  • Address - House Number: 39
  • Address - Street Name: Wabash
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C010
  • 4-Digit Zip Code: 5421
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $379,700

    Appraisal Valuation

  • Standard Deviation: 0.2763
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 357,654
  • High Value: 456,475
  • Low Value: 258,834

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $264,800
  • Assessed Land Value: $85,700
  • Assessed Improvements Value: $179,100

    Sales

  • Current Sale Contract Date: Jan 29, 2021
  • Current Sale Recording Date: Feb 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17642
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 Vernon Hill

Stats & Trends

Median Asking:

$679,900

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

58

Average Home Size

2785 ft²

Average Home Age

114 years

Currently For Sale

20 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: 4 years ago
Data Source: MLS PIN, MLS# 72768433

Frequently Asked Questions

When was property at 39 Wabash Avenue built and last sold?
The property at 39 Wabash Avenue was built in 1890 and last sold on Jan 29, 2021 for $294,900.
How much is this home worth?
The estimated value of the home located at 39 Wabash Avenue is $0.
What are some comparable homes to 39 Wabash Avenue?
There are currently no comparable homes to 39 Wabash Avenue.
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