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Worcester 01602 Newton Square
40 Midland St.
Photo of 40 Midland St.
Sold on Sep 24, 2009

1

Map

$227,000
● House - Off Market

40 Midland St.

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,587 Ft²
$501,613
RealtyHop Estimate
109.09%
Since Oct 1, 2009
National-US
Primary Model

About This Property

Extraordinarily charming Arts and Crafts bungalow in Newton Sq. area.  Living room with beamed ceiling, fireplace; dining room with built in china cabinet; spacious master with loads of closet space; natural woodwork, hardwood floors, enchanting front porch.  Recent bath, furnace, roof, deck, garage door; many replacement windows and fully applianced.  All this in a lovely setting fronting on a quiet pedestrian lane.
Unit Size
1,587 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$151
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1920

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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: 4 months ago (MLSPIN #70958254)

Price History

Date / Event Date Event Price
Sep 25, 2009 Sold
Premium
Sold
Aug 7, 2009 Listed $239,900
Listed
Dec 31, 2002 Sold
Premium
Sold
Aug 13, 2002 Listed $199,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 1,058
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,225
  • Total Building Area: 1,587
  • Gross Building Area: 3,888
  • Building Area: 1,587
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,587
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • 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: 11-015-00009
  • Parcel: WORC M:11 B:015 L:00009
  • Block: 15
  • Lot: 9
  • Municipality: WORCESTER
  • Latitude: 42.2714
  • Longitude: -71.8278

    Address

  • Full Address: 40 Midland St
  • Address - House Number: 40
  • Address - Street Name: Midland
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C004
  • 4-Digit Zip Code: 4236
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 445,121
  • High Value: 525,669
  • Low Value: 364,573

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,500
  • Assessed Land Value: $95,700
  • Assessed Improvements Value: $209,800

    Sales

  • Current Sale Recording Date: Sep 25, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00113284
  • Previous Sale Recording Date: Dec 31, 2002
  • Previous Sale Amount: $196,900
  • 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 Newton Square

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

60

Average Home Size

5693 ft²

Average Home Age

114 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70958254

Frequently Asked Questions

When was property at 40 Midland Street built and last sold?
The property at 40 Midland Street was built in 1920 and last sold on Jan 1, 1970 for $227,000.
How much is this home worth?
The estimated value of the home located at 40 Midland Street is $251,799.
What are some comparable homes to 40 Midland Street?
There are currently no comparable homes to 40 Midland Street.
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