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Worcester 01605 North Lincoln Street
40 Wayside Road
$265,000
● House - Off Market

40 Wayside Road

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$362,002
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

This lovely three bedroom ranch says "Welcome Home" from the moment you walk through the front door.  Open concept kitchen / dining / living room with fireplace and pellet stove also has access to large deck overlooking 20 x 20 in-ground pool and private/wooded yard.  One level living at its best with three bedrooms and two full baths.  Lower level is partially finished and is heated also.  Some of the extras include hardwood flooring throughout, one car heated garage under and extra side lot.  Roof is 2017, 2 x 6 construction, chimney has 3 flues.  Centrally located close to area shopping, restaurants, major routes and UMass Hospital.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$164
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1976

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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 #72382898)

Price History

Date / Event Date Event Price
Oct 2, 2018 Sold
Premium
Sold
Aug 22, 2018 Listed by Foster-Healey Real Estate $239,000
Listed by Foster-Healey Real Estate
Sep 8, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,214
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 1,456
  • Gross Building Area: 3,192
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730401

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 46-024-00580
  • Parcel: WORC M:46 B:024 L:00580
  • Block: 24
  • Lot: 580
  • Municipality: WORCESTER
  • Latitude: 42.2998
  • Longitude: -71.7718

    Address

  • Full Address: 40 Wayside Rd
  • Address - House Number: 40
  • Address - Street Name: Wayside
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C021
  • 4-Digit Zip Code: 1626
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $500,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 78
  • Final Value: 454,998
  • High Value: 532,738
  • Low Value: 377,258

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,900
  • Assessed Land Value: $62,100
  • Assessed Improvements Value: $286,800

    Sales

  • Current Sale Recording Date: Oct 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 104764
  • Previous Sale Recording Date: Sep 08, 2004
  • Previous Sale Amount: $100,000
  • 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 North Lincoln Street

Stats & Trends

Median Asking:

$459,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1885 ft²

Average Home Age

75.7 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

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# 72382898

Frequently Asked Questions

When was property at 40 Wayside Road built and last sold?
The property at 40 Wayside Road was built in 1976 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 40 Wayside Road is $252,188.
What are some comparable homes to 40 Wayside Road?
There are currently no comparable homes to 40 Wayside Road.
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