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Worcester 01604 Grafton Hill
42 Ernest Ave
Photo of 42 Ernest Ave

42

Map

Photo of 42 Ernest Ave
Photo of 42 Ernest Ave
$490,000
↓ $32K (6%)
● House - For Sale

42 Ernest Ave

Worcester, MA 01604
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,769 Ft²
$2,909
Est. Monthly

About This Property

PRICE DROP! Open House will be rescheduled to next Saturday and Sunday due to weather. Oversized 1935 Cape with 4 bedrooms, 3 baths, and nearly 2,800 square feet. Private master suite, mostly finished basement, big deck, and parking for 5+ cars. Major systems updated before 2019. See you there!
Unit Size
2,769 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$177
Property Type
House
Property Taxes
$503
HOA Dues
-
Year Built
1935

Listed By

Vu Huynh
George Russell Realty, LLC

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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: 3 days ago (MLSPIN #73520709)

Price History

Date / Event Date Event Price
Sep 24, 2026 Price Decreased $490,000
↓ $32K (6%)
Price Decreased
Aug 2, 2026 Price Decreased $521,500
↓ $12K (2.3%)
Price Decreased
Jul 14, 2026 Price Decreased $533,500
↓ $5K (1%)
Price Decreased
Jul 11, 2026 Price Decreased $538,750
↓ $6K (1.2%)
Price Decreased
May 18, 2026 Listed by George Russell Realty, LLC $545,000
Listed by George Russell Realty, LLC
Show More

Property Highlights

Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Paved, Paved
Open Parking Spaces: 5
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Electric Water Heater
Flooring Type: Hardwood
Rooms: 8
Basement: Partially Finished
Exterior Details
Square Footage: 2769
Architectural Style: Cape
Year Built Source: Public Records
Year Built: 1935
Waterfront Features: Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
Building Area Total: 2769
Building Area Units: Square Feet
Patio and Porch Features: Porch, Deck, Deck - Wood
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Lot Size Square Feet: 7000
Water Source: Public
Financial Details
Tax Assessed Value: $457,500
Tax Annual Amount: $6,034
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Oil
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 1,188
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 2,079
  • Gross Building Area: 4,296
  • Building Area: 2,079
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,079
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WORCESTER
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732301

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 38-009-00019
  • Parcel: WORC M:38 B:009 L:00019
  • Block: 9
  • Lot: 19
  • Municipality: WORCESTER
  • Latitude: 42.2551
  • Longitude: -71.7663

    Address

  • Full Address: 42 Ernest Ave
  • Address - House Number: 42
  • Address - Street Name: Ernest
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C021
  • 4-Digit Zip Code: 2326
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $555,700

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 481,483
  • High Value: 571,768
  • Low Value: 391,198

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $387,500
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $285,300

    Sales

  • Current Sale Contract Date: Jul 17, 2019
  • Current Sale Recording Date: Jul 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69708
  • Previous Sale Recording Date: Dec 29, 2015
  • Previous Sale Amount: $254,000
  • 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 Grafton Hill

Stats & Trends

Median Asking:

$449,950

Sale Price/ft²

$277

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1747 ft²

Average Home Age

69.3 years

Currently For Sale

22 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 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera
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: 3 days ago
Data Source: MLS PIN, MLS# 73520709

Frequently Asked Questions

When was property at 42 Ernest Avenue built and last sold?
The property at 42 Ernest Avenue was built in 1935 and last sold on Jul 17, 2019 for $307,000.
How much is this home worth?
The estimated value of the home located at 42 Ernest Avenue is $502,935.
What are some comparable homes to 42 Ernest Avenue?
There are currently no comparable homes to 42 Ernest Avenue.
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