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Worcester 01606 Indian Lake East
43 Gifford Dr
$526,000
● House - Off Market

43 Gifford Dr

Worcester, MA 01606
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,764 Ft²
$2,974
Est. Monthly

About This Property

Stunning remodel in the Indian Lake region of Worcester. Absolutely  EVERYTHING has been improved from the top to the bottom including the furnace and the roof!  Open concept living with all the trending colors and contemporary finishes you desire. Gleaming hardwoods throughout. New windows, new doors, new siding, new gutters, new driveway.   Three sparkling new bathrooms and a showcase kitchen with quartz counters and backsplash.  Primary suite on the first floor and three more bedrooms upstairs with ample closet space.  Bonus detached garage and driveway that can fit three cars. Extra large lot with frontage on Ellestuen Road.    There is nothing more to do to improve on this beautiful home.  Just move in and make it your home!
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$300
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1918

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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: 5 months ago (MLSPIN #73214080)

Price History

Date / Event Date Event Price
May 10, 2024 Sold
Premium
Sold
Apr 15, 2024 In contract -
In contract
Apr 12, 2024 Price Decreased $529,900
↓ $20K (3.6%)
Price Decreased
Apr 3, 2024 Relisted $529,900
Relisted
Apr 3, 2024 Price Increased $549,900
↑ $20K (3.8%)
Price Increased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 987
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,764
  • Gross Building Area: 3,059
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730500

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 20-023-67+69
  • Parcel: WORC M:20 B:023 L:67+69
  • Block: 23
  • Lot: 67+69
  • Municipality: WORCESTER
  • Latitude: 42.2918
  • Longitude: -71.8095

    Address

  • Full Address: 43 Gifford Dr
  • Address - House Number: 43
  • Address - Street Name: Gifford
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C021
  • 4-Digit Zip Code: 3536
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $446,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 593,619
  • High Value: 644,625
  • Low Value: 542,614

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,400
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $208,200

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82360
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 Indian Lake East

Stats & Trends

Median Asking:

$477,450

Sale Price/ft²

$295

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1150 ft²

Average Home Age

68.2 years

Currently For Sale

5 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: 5 months ago
Data Source: MLS PIN, MLS# 73214080

Frequently Asked Questions

When was property at 43 Gifford Drive built and last sold?
The property at 43 Gifford Drive was built in 1918 and last sold on Sep 29, 2023 for $215,000.
How much is this home worth?
The estimated value of the home located at 43 Gifford Drive is $535,199.
What are some comparable homes to 43 Gifford Drive?
There are currently no comparable homes to 43 Gifford Drive.
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