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Worcester 01606 Indian Hill
40 Chevy Chase Rd
$360,000
● House - Off Market

40 Chevy Chase Rd

Worcester, MA 01606
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,923 Ft²
$537,532
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Not many homes offer Central AC but this one does....and its the perfect hot summer to enjoy it! This Lovely Colonial home offers a large formal living room and dining room, eat-in kitchen and family room with fireplace. There are hardwood floors,  4 bedrooms are located on the second floor and 2 full and 1 half bath  . The lower level has an office and exercise room and walks out to the yard. Enjoy the view of the pool and yard from the oversized deck. Located in a highly desirable neighborhood and very convenient for highway access. Home comes with a 1 year home warrantee.
Unit Size
1,923 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$191
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1968

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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 #72523320)

Price History

Date / Event Date Event Price
Oct 15, 2019 Sold
Premium
Sold
Jun 21, 2019 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $367,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Aug 21, 1997 Sold
Premium
Sold
May 28, 1997 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $172,500
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,053
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,080
  • Total Building Area: 1,944
  • Gross Building Area: 4,565
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000369
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730100

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 49-036-00082
  • Parcel: WORC M:49 B:036 L:00082
  • Block: 36
  • Lot: 82
  • Municipality: WORCESTER
  • Latitude: 42.3203
  • Longitude: -71.8154

    Address

  • Full Address: 40 Chevy Chase Rd
  • Address - House Number: 40
  • Address - Street Name: Chevy Chase
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C005
  • 4-Digit Zip Code: 2554
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $616,600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 547,269
  • High Value: 645,760
  • Low Value: 448,779

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430,000
  • Assessed Land Value: $103,600
  • Assessed Improvements Value: $326,400

    Sales

  • Current Sale Contract Date: Oct 09, 2019
  • Current Sale Recording Date: Oct 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108150
  • Previous Sale Recording Date: Aug 21, 1997
  • Previous Sale Amount: $165,000
  • 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 Indian Hill

Stats & Trends

Median Asking:

$434,450

Sale Price/ft²

$301

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2047 ft²

Average Home Age

71.2 years

Currently For Sale

9 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72523320

Frequently Asked Questions

When was property at 40 Chevy Chase Road built and last sold?
The property at 40 Chevy Chase Road was built in 1968 and last sold on Oct 9, 2019 for $360,000.
How much is this home worth?
The estimated value of the home located at 40 Chevy Chase Road is $368,308.
What are some comparable homes to 40 Chevy Chase Road?
There are currently no comparable homes to 40 Chevy Chase Road.
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