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Worcester 01605 North Lincoln Street
45 Burncoat Ter
$325,000
● House - Off Market

45 Burncoat Ter

Worcester, MA 01605
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,652 Ft²
$356,596
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

New to market in over 50 years ~~This large 4 bedroom colonial with 1 1/4 bath and large rooms & plenty of space for a growing family~~  Some of the updates are the 200 amp electrical service~~ Most of the windows. Fireplace in the large living room~ Cabinet packed kitchen~~ 1 car garage~. Home is larger than it appears from outside.
Unit Size
1,652 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$209
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1933

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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 #72989719)

Price History

Date / Event Date Event Price
Aug 17, 2022 Sold
Premium
Sold
Jun 2, 2022 Listed by RE/MAX Vision $344,900
Listed by RE/MAX Vision

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • 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: 610
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,917
  • Total Building Area: 1,652
  • Gross Building Area: 3,384
  • Building Area: 1,652
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,652
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000251
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730401

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 22-036-0000F
  • Parcel: WORC M:22 B:036 L:0000F
  • Block: 36
  • Lot: F
  • Municipality: WORCESTER
  • Latitude: 42.2911
  • Longitude: -71.7941

    Address

  • Full Address: 45 Burncoat Ter
  • Address - House Number: 45
  • Address - Street Name: Burncoat
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Worcester
  • Carrier Code: C014
  • 4-Digit Zip Code: 1303
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $448,800

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 423,540
  • High Value: 494,273
  • Low Value: 352,806

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,000
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $209,700

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90749
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 North Lincoln Street

Stats & Trends

Median Asking:

$459,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1885 ft²

Average Home Age

75.7 years

Currently For Sale

9 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# 72989719

Frequently Asked Questions

When was property at 45 Burncoat Terrace built and last sold?
The property at 45 Burncoat Terrace was built in 1933 and last sold on Aug 16, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 45 Burncoat Terrace is $351,312.
What are some comparable homes to 45 Burncoat Terrace?
There are currently no comparable homes to 45 Burncoat Terrace.
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