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Worcester 01603 Webster Square
4 Richards Street
Photo of 4 Richards Street
Sold on Jun 3, 2009

1

Map

$160,000
● House - Off Market

4 Richards Street

Worcester, MA 01603
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,609 Ft²
$391,351
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

Hip Roof/Brick Col Jewell w/1 garage under&off street parking*Hardwd fls under carpet 1st flr*Shining hardwds thruout 2nd flr beds*Clark Univ Tuition/Faculty Program Zones*Welcoming foyer boasting sweeping staircase*Lg elegant mantle firepl liv rm opens to formal din rm*Eat in kit w/ wall oven,cooktop range,refrig,plenty of wood cabinets&3 season rm to fenced yd* New energy efficient windows*2008 new furnace*Gutters*Covered front entrance*
Unit Size
1,609 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$118
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1937

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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: 6 months ago (MLSPIN #70830654)

Price History

Date / Event Date Event Price
Jun 2, 2009 Sold
Premium
Sold
Oct 5, 2008 Listed $189,900
Listed

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • 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: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 605
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,650
  • Gross Building Area: 2,549
  • Building Area: 1,650
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,650
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731204

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 7-009-00025
  • Parcel: WORC M:07 B:009 L:00025
  • Block: 9
  • Lot: 25
  • Municipality: WORCESTER
  • Latitude: 42.2486
  • Longitude: -71.8243

    Address

  • Full Address: 4 Richards St
  • Address - House Number: 4
  • Address - Street Name: Richards
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C011
  • 4-Digit Zip Code: 2609
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $415,100

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 385,997
  • High Value: 460,899
  • Low Value: 311,095

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,500
  • Assessed Land Value: $70,600
  • Assessed Improvements Value: $218,900

    Sales

  • Current Sale Recording Date: Jun 02, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00061803
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

2415 ft²

Average Home Age

88 years

Currently For Sale

35 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: 6 months ago
Data Source: MLS PIN, MLS# 70830654

Frequently Asked Questions

When was property at 4 Richards Street built and last sold?
The property at 4 Richards Street was built in 1937 and last sold on Jan 1, 1970 for $160,000.
How much is this home worth?
The estimated value of the home located at 4 Richards Street is $201,064.
What are some comparable homes to 4 Richards Street?
There are currently no comparable homes to 4 Richards Street.
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