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Worcester 01606 Indian Lake East
40 Gifford Dr
$170,000
● House - Off Market

40 Gifford Dr

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,542 Ft²
$328,997
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Welcoming covered front porch!   Meticulously maintained 3bedroom, 2bath home featuring gleaming hardwood floors, large dining room, spacious kitchen with pantry, and a fenced yard. New roof, gutters, new generator & gas hot water heater. Updated electrical and plumbing.  Located in a neighborhood on the west side near Indian Lake.  Just minutes from Rtes 290,190, and 12.
Unit Size
1,542 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$115
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1928

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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 #71681057)

Price History

Date / Event Date Event Price
Dec 30, 2021 Sold
Premium
Sold
Nov 4, 2021 Listed by Team Realty $329,900
Listed by Team Realty
Jun 30, 2014 Sold
Premium
Sold
May 14, 2014 Listed by Team Realty $177,000
Listed by Team Realty
May 7, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 3
  • 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: 832
  • 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: 1,542
  • Gross Building Area: 3,000
  • Building Area: 1,542
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,542
  • 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: 730500

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 20-023-00027
  • Parcel: WORC M:20 B:023 L:00027
  • Block: 23
  • Lot: 27
  • Municipality: WORCESTER
  • Latitude: 42.2919
  • Longitude: -71.8089

    Address

  • Full Address: 40 Gifford Dr
  • Address - House Number: 40
  • Address - Street Name: Gifford
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C021
  • 4-Digit Zip Code: 3551
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $442,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 324,701
  • High Value: 352,615
  • Low Value: 296,788

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,800
  • Assessed Land Value: $85,100
  • Assessed Improvements Value: $223,700

    Sales

  • Current Sale Contract Date: Dec 30, 2021
  • Current Sale Recording Date: Dec 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 183396
  • Previous Sale Recording Date: Jun 30, 2014
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: O
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 Lake East

Stats & Trends

Median Asking:

$479,900

Sale Price/ft²

$281

Below Asking

0.01%

Average Days on Market

68

Average Home Size

1088 ft²

Average Home Age

61.9 years

Currently For Sale

7 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 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 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# 71681057

Frequently Asked Questions

When was property at 40 Gifford Drive built and last sold?
The property at 40 Gifford Drive was built in 1928 and last sold on Dec 30, 2021 for $315,000.
How much is this home worth?
The estimated value of the home located at 40 Gifford Drive is $334,222.
What are some comparable homes to 40 Gifford Drive?
There are currently no comparable homes to 40 Gifford Drive.
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