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Worcester
41 Prospect St
$260,000
● House - Off Market

41 Prospect St

Princeton, MA 01541
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,596 Ft²
$336,356
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

If you are looking for a home with character and not a cookie cutter style this is it! With some elbow grease and work this one can really shine. Last home on the road but close to Princeton center. Has passing title V inspection and recent boiler. Owner has never lived in the property and makes no warranties or representations.   House is sold as-is. Agents please clean all touched surfaces with sanitary wipes etc... at showings.
Unit Size
1,596 Ft²
Days on Market
-
Land Size
2.14 acres
Price per sqft
$150
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1921

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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 #72644960)

Price History

Date / Event Date Event Price
May 29, 2020 Sold
Premium
Sold
Apr 17, 2020 Listed by RE/MAX Property Promotions $239,900
Listed by RE/MAX Property Promotions
Oct 11, 2019 Sold
Premium
Sold
Apr 21, 2019 Listed by RE/MAX Property Promotions $319,000
Listed by RE/MAX Property Promotions

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,401
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 93,218
  • Total Building Area: 2,056
  • Gross Building Area: 5,769
  • Building Area: 2,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROSPECT STRET
  • Land Acres: 0000002140
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 720100

Zoning

  • Zoning: RA

Geography

  • Account Number: 241008A001000000
  • Parcel: PRIN M:008A B:0010 L:00000
  • Block: 10
  • Municipality: PRINCETON
  • Latitude: 42.4549
  • Longitude: -71.8775

    Address

  • Full Address: 41 Prospect St
  • Address - House Number: 41
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Princeton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1102
  • Zip Code: 01541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $455,200

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 400,829
  • High Value: 480,779
  • Low Value: 320,879

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,631
  • Assessed Land Value: $142,431
  • Assessed Improvements Value: $158,200

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55361
  • Previous Sale Recording Date: Oct 11, 2019
  • Previous Sale Contract Date: Oct 08, 2019
  • Previous Sale Amount: $295,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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# 72644960

Frequently Asked Questions

When was property at 41 Prospect Street built and last sold?
The property at 41 Prospect Street was built in 1921 and last sold on May 29, 2020 for $260,000.
How much is this home worth?
The estimated value of the home located at 41 Prospect Street is $254,892.
What are some comparable homes to 41 Prospect Street?
There are currently no comparable homes to 41 Prospect Street.
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