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Worcester 01606 Greendale
43 Meola Ave
$220,000
● House - Off Market

43 Meola Ave

Worcester, MA 01606
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,688 Ft²
$379,685
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

You don't have to go far to escape the hustle & bustle of the big cities! This wonderful single family attached, presents with two very large bedrooms on top with lots of sun, front & rear. A beautifully refurbished deck overlooks a semi-private back yard with a wooded backdrop.    This is a stable neighborhood with plenty of amenities, very close by, including fine dining & a bus line all within a very short walk. A safe place for kids to play on a nice cul-de-sac. This home is located just minutes from I-190 & 290. A ready to occupy in-law apt. on the walk-in level adds value to this great family home. No covenants or HOA fees! This home is situated for a quick closing & vacancy is nearly accomplished.
Unit Size
1,688 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$133
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
2004

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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: 6 months ago (MLSPIN #72050012)

Price History

Date / Event Date Event Price
Sep 30, 2016 Sold
Premium
Sold
Aug 8, 2016 Listed by Stuart St James, Inc. $224,900
Listed by Stuart St James, Inc.
Aug 31, 2015 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 494
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,829
  • Total Building Area: 1,688
  • Gross Building Area: 2,676
  • Building Area: 1,688
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,688
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000134
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730100

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 32-042-6A-7B
  • Parcel: WORC M:32 B:042 L:6A-7B
  • Block: 42
  • Lot: 6A-7B
  • Municipality: WORCESTER
  • Latitude: 42.3357
  • Longitude: -71.7927

    Address

  • Full Address: 43 Meola Ave
  • Address - House Number: 43
  • Address - Street Name: Meola
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C014
  • 4-Digit Zip Code: 1133
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $507,500

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 467,620
  • High Value: 545,715
  • Low Value: 389,525

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,900
  • Assessed Land Value: $92,300
  • Assessed Improvements Value: $261,600

    Sales

  • Current Sale Recording Date: Sep 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112013
  • Previous Sale Recording Date: Aug 31, 2015
  • Previous Sale Amount: $172,000
  • 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 Greendale

Stats & Trends

Median Asking:

$469,000

Sale Price/ft²

$289

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2261 ft²

Average Home Age

84.3 years

Currently For Sale

25 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72050012

Frequently Asked Questions

When was property at 43 Meola Avenue built and last sold?
The property at 43 Meola Avenue was built in 2004 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 43 Meola Avenue is $239,837.
What are some comparable homes to 43 Meola Avenue?
There are currently no comparable homes to 43 Meola Avenue.
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