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Worcester 01606 Burncoat
45 Monterey Rd
$258,500
● House - Off Market

45 Monterey Rd

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,518 Ft²
$424,196
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Immaculately maintained home which is illuminated with natural sunlight. Each room has neutral tones, beautiful hardwood floors and rarely seen canvas ceilings in the living room and dining room. The kitchen has been recently updated and offers double ovens and a gas cooktop. There is a den/tv room off the living room. Three bedrooms and an office will be found on the second floor. The master has two closets and a quaint window seat. Both the full and half bath have been pleasantly updated. There are replacement windows and a Well McLain furnace. There is a fantastic back yard with raised beds for gardening and a two car detached garage. Come by and enjoy.
Unit Size
1,518 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$165
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1917

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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 #71983323)

Price History

Date / Event Date Event Price
Jun 10, 2016 Sold
Premium
Sold
Apr 5, 2016 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $249,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 696
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 1,518
  • Gross Building Area: 3,084
  • Building Area: 1,518
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,518
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730200

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 36-013-00043
  • Parcel: WORC M:36 B:013 L:00043
  • Block: 13
  • Lot: 43
  • Municipality: WORCESTER
  • Latitude: 42.3031
  • Longitude: -71.7865

    Address

  • Full Address: 45 Monterey Rd
  • Address - House Number: 45
  • Address - Street Name: Monterey
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C018
  • 4-Digit Zip Code: 2136
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $526,300

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 462,465
  • High Value: 541,240
  • Low Value: 383,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,000
  • Assessed Land Value: $102,900
  • Assessed Improvements Value: $264,100

    Sales

  • Current Sale Recording Date: Jun 10, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60127
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 Burncoat

Stats & Trends

Median Asking:

$429,450

Sale Price/ft²

$305

Above Asking

0.00%

Average Days on Market

54

Average Home Size

1341 ft²

Average Home Age

67.3 years

Currently For Sale

14 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# 71983323

Frequently Asked Questions

When was property at 45 Monterey Road built and last sold?
The property at 45 Monterey Road was built in 1917 and last sold on Jan 1, 1970 for $248,000.
How much is this home worth?
The estimated value of the home located at 45 Monterey Road is $265,084.
What are some comparable homes to 45 Monterey Road?
There are currently no comparable homes to 45 Monterey Road.
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