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Worcester 01603 Webster Square
4 Parsons Hill Dr
Photo of 4 Parsons Hill Dr
Sold on Jul 30, 2009

1

Map

$222,000
● House - Off Market

4 Parsons Hill Dr

Worcester, MA 01603
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,744 Ft²
$463,727
RealtyHop Estimate
106.19%
Since Aug 1, 2009
National-US
Primary Model

About This Property

This completely updated home on Airport Hill is ready for a new owner to move in ** New Roof, Windows, Sidings in 2008 ** New Furnace and Hot Water in 2005 ** Family Room Addition and Deck in 2000 ** Deck overlooks large rear yard ** Price correctly to sell in one month ** $1,000  bonus to selling agent if the property is on deposit by July 25th, 2009 and sold.
Unit Size
1,744 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$129
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1982

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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: 6 months ago (MLSPIN #70938306)

Price History

Date / Event Date Event Price
Jul 31, 2009 Sold
Premium
Sold
Jun 23, 2009 Listed $224,900
Listed
Mar 24, 1987 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,168
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,102
  • Total Building Area: 1,936
  • Gross Building Area: 3,628
  • Building Area: 1,936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARSONS HILL WORCESTER
  • Land Acres: 0000000484
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731001

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 56-025-00129
  • Parcel: WORC M:56 B:025 L:00129
  • Block: 25
  • Lot: 129
  • Municipality: WORCESTER
  • Latitude: 42.2481
  • Longitude: -71.8604

    Address

  • Full Address: 4 Parsons Hill Dr
  • Address - House Number: 4
  • Address - Street Name: Parsons Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C016
  • 4-Digit Zip Code: 1242
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $531,000

    Appraisal Valuation

  • Standard Deviation: 0.2344
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 464,579
  • High Value: 573,509
  • Low Value: 355,649

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,300
  • Assessed Land Value: $86,300
  • Assessed Improvements Value: $284,000

    Sales

  • Current Sale Recording Date: Jul 31, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00090871
  • Previous Sale Recording Date: Mar 24, 1987
  • Previous Sale Amount: $116,000
  • 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 Webster Square

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$281

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2418 ft²

Average Home Age

91.5 years

Currently For Sale

38 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: 6 months ago
Data Source: MLS PIN, MLS# 70938306

Frequently Asked Questions

When was property at 4 Parsons Hill Drive built and last sold?
The property at 4 Parsons Hill Drive was built in 1982 and last sold on Jan 1, 1970 for $222,000.
How much is this home worth?
The estimated value of the home located at 4 Parsons Hill Drive is $238,358.
What are some comparable homes to 4 Parsons Hill Drive?
There are currently no comparable homes to 4 Parsons Hill Drive.
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