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Worcester 01602 West Tatnuck
45 Drexel St
$233,000
● House - Off Market

45 Drexel St

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,850 Ft²
$438,670
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

Move-in ready home offers both privacy and convenience to Tatnuck area amenities. Desirable half acre lot with fenced back yard is a rare find in the city! Inside is updated and ready to go with neutral paint and hardwoods throughout first floor! Kitchen has tile back splash, updated appliances. Ceramic tile flooring in both full bathrooms. All three bedrooms on 2nd floor are generously proportioned. Huge master bedroom with window seat. Additional 1st floor room with closet could be used as 4th bedroom. Walk-out basement and additional under-deck storage. Oversized wood deck overlooking newly landscaped back yard. Low traffic street close to Greater Worcester land trust.
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$130
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1984

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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: 5 months ago (MLSPIN #71788677)

Price History

Date / Event Date Event Price
Mar 31, 2015 Sold
Premium
Sold
Jan 29, 2015 Listed by Keller Williams Realty Greater Worcester $240,000
Listed by Keller Williams Realty Greater Worcester
Aug 2, 2013 Sold
Premium
Sold
May 3, 2013 Listed by Keller Williams Realty Greater Worcester $239,900
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 925
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,318
  • Total Building Area: 1,850
  • Gross Building Area: 3,427
  • Building Area: 1,850
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,850
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000512
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730700

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 40-037-00011
  • Parcel: WORC M:40 B:037 L:00011
  • Block: 37
  • Lot: 11
  • Municipality: WORCESTER
  • Latitude: 42.284
  • Longitude: -71.8526

    Address

  • Full Address: 45 Drexel St
  • Address - House Number: 45
  • Address - Street Name: Drexel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1238
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $535,700

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 481,754
  • High Value: 562,210
  • Low Value: 401,298

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,600
  • Assessed Land Value: $104,000
  • Assessed Improvements Value: $269,600

    Sales

  • Current Sale Recording Date: Mar 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27283
  • Previous Sale Recording Date: Aug 02, 2013
  • Previous Sale Amount: $236,000
  • 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 West Tatnuck

Stats & Trends

Median Asking:

$472,450

Sale Price/ft²

$284

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2010 ft²

Average Home Age

46.8 years

Currently For Sale

18 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71788677

Frequently Asked Questions

When was property at 45 Drexel Street built and last sold?
The property at 45 Drexel Street was built in 1984 and last sold on Jan 1, 1970 for $233,000.
How much is this home worth?
The estimated value of the home located at 45 Drexel Street is $260,282.
What are some comparable homes to 45 Drexel Street?
There are currently no comparable homes to 45 Drexel Street.
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