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Worcester 01605 Biotech Park Area
42 Dominion Rd
$257,000
● House - Off Market

42 Dominion Rd

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,040 Ft²
$501,441
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

**New Construction - Single Family Attached*** Tri-level Bright & Airy open floor plan. Stainless appliances, kitchen island, deck off living room, 1st floor laundry, cathedral master w/ full bath and walk in closet, hardwood floors throughout, central air, ground level bonus room with 1/2 bath can be a 4th bedroom/home office/family/sitting room w/ sliding doors leading out to private patio.  Road to be paved and maintained by town this year.  Off Lake Ave. across the street from Lake Quinsigamond Park and next to Umass Hospital/Medical facilities. Easy access to routes 9, 20, 290, 495 and mass pike, public transportation, schools, shopping and restaurants. Not a Condo -- No Condo fees
Unit Size
2,040 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$132
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014

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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 #71689165)

Price History

Date / Event Date Event Price
Mar 6, 2015 Sold
Premium
Sold
Oct 31, 2014 Sold
Premium
Sold
May 29, 2014 Listed by RE/MAX Acclaim $269,000
Listed by RE/MAX Acclaim

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • 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: 0
  • Building Style: 31
  • 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: 552
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,119
  • Total Building Area: 1,704
  • Gross Building Area: 2,664
  • Building Area: 1,704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,704
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000118
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732002

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 46-003-00128
  • Parcel: WORC M:46 B:003 L:00128
  • Block: 3
  • Lot: 128
  • Municipality: WORCESTER
  • Latitude: 42.2811
  • Longitude: -71.7589

    Address

  • Full Address: 42 Dominion Rd
  • Address - House Number: 42
  • Address - Street Name: Dominion
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C001
  • 4-Digit Zip Code: 2367
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $608,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 513,539
  • High Value: 609,367
  • Low Value: 417,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $424,000
  • Assessed Land Value: $88,700
  • Assessed Improvements Value: $335,300

    Sales

  • Current Sale Recording Date: Mar 06, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 31, 2014
  • Previous Sale Amount: $257,000
  • 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 Biotech Park Area

Stats & Trends

Median Asking:

$569,900

Sale Price/ft²

$250

Below Asking

0.04%

Average Days on Market

57

Average Home Size

2497 ft²

Average Home Age

74.5 years

Currently For Sale

4 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# 71689165

Frequently Asked Questions

When was property at 42 Dominion Road built and last sold?
The property at 42 Dominion Road was built in 2014 and last sold on Jan 1, 1970 for $262,000.
How much is this home worth?
The estimated value of the home located at 42 Dominion Road is $283,169.
What are some comparable homes to 42 Dominion Road?
There are currently no comparable homes to 42 Dominion Road.
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