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Worcester 01602 Newton Square
4 Suburban Rd
$480,000
● House - Off Market

4 Suburban Rd

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,728 Ft²
$496,175
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Like new, 5 year young Cape in Worcester's desirable West Side. HIGHLY RATED ENERGY EFFICENT! This charming home has an open floor plan with a first floor primary bedroom suite; first floor laundry; eat-in kitchen with white cabinets, granite countertops, and stainless appliances; slider to deck; mud room; two second floor bedrooms with full bath and loads of storage; GAS heat and hot water; recessed lighting throughout; fresh paint; and large basement ready to be finished. Walk to Doherty High School, elementary school, stores, restaurants, WPI, parks, and more. Just minutes to downtown Worcester and all of it's cultural offerings: Polar Park, Worcester Art Museum, amazing restaurants, train station, major hospitals, and universities. Offers, if any, will be presented at 12:00PM on Monday, June 27.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$278
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
2017

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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 #73001150)

Price History

Date / Event Date Event Price
Aug 15, 2022 Sold
Premium
Sold
Jun 21, 2022 Listed by Coldwell Banker Realty - Worcester $479,900
Listed by Coldwell Banker Realty - Worcester

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,665
  • Total Building Area: 1,728
  • Gross Building Area: 3,182
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730802

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 43-011-0001A
  • Parcel: WORC M:43 B:011 L:0001A
  • Block: 11
  • Lot: 1A
  • Municipality: WORCESTER
  • Latitude: 42.2705
  • Longitude: -71.8218

    Address

  • Full Address: 4 Suburban Rd
  • Address - House Number: 4
  • Address - Street Name: Suburban
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C004
  • 4-Digit Zip Code: 4215
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $650,700

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 502,042
  • High Value: 545,201
  • Low Value: 458,883

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $453,800
  • Assessed Land Value: $102,400
  • Assessed Improvements Value: $351,400

    Sales

  • Current Sale Contract Date: Aug 12, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 89516
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 Newton Square

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

60

Average Home Size

5536 ft²

Average Home Age

112.4 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73001150

Frequently Asked Questions

When was property at 4 Suburban Road built and last sold?
The property at 4 Suburban Road was built in 2017 and last sold on Aug 12, 2022 for $480,000.
How much is this home worth?
The estimated value of the home located at 4 Suburban Road is $485,392.
What are some comparable homes to 4 Suburban Road?
There are currently no comparable homes to 4 Suburban Road.
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