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Worcester 01602 West Tatnuck
45 Rich St
$481,500
● House - Off Market

45 Rich St

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,640 Ft²
$2,689
Est. Monthly

About This Property

Welcome to your new home in Worcester! This refreshed ranch exudes modern charm with its updated kitchen featuring quartz countertops, soft-close cabinets, and ambient indirect lighting. The first floor boasts a delightful dining area, while the L-shaped family room invites you with its electric fireplace and beamed ceiling. A first-floor office with a vaulted ceiling and patio access adds a touch of versatility. The full basement, complete with a half bath, presents in-law apartment potential and leads to a cozy 3rd bedroom with backyard access. Don't miss out on the heated 2-car garage – a perfect complement to this must-see home. It's time to show and sell!
Unit Size
2,640 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$170
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1980

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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 #73196193)

Price History

Date / Event Date Event Price
Mar 15, 2024 Sold
Premium
Sold
Jan 31, 2024 In contract -
In contract
Jan 24, 2024 Listed by ERA Key Realty Services- Fram $449,900
Listed by ERA Key Realty Services- Fram

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • 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: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,056
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,000
  • Total Building Area: 1,584
  • Gross Building Area: 3,278
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • 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: 40-022-33+34
  • Parcel: WORC M:40 B:022 L:33+34
  • Block: 22
  • Lot: 33+34
  • Municipality: WORCESTER
  • Latitude: 42.2799
  • Longitude: -71.8544

    Address

  • Full Address: 45 Rich St
  • Address - House Number: 45
  • Address - Street Name: Rich
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1201
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $575,500

    Appraisal Valuation

  • Standard Deviation: 0.0856
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 459,832
  • High Value: 499,239
  • Low Value: 420,425

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $401,300
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $298,000

    Sales

  • Current Sale Contract Date: Mar 15, 2024
  • Current Sale Recording Date: Mar 15, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18768
  • Previous Sale Recording Date: Jun 14, 2004
  • Previous Sale Document Type: 27
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:

$475,900

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2046 ft²

Average Home Age

45.5 years

Currently For Sale

20 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: 4 months ago
Data Source: MLS PIN, MLS# 73196193

Frequently Asked Questions

When was property at 45 Rich Street built and last sold?
The property at 45 Rich Street was built in 1980 and last sold on Mar 15, 2024 for $481,500.
How much is this home worth?
The estimated value of the home located at 45 Rich Street is $470,746.
What are some comparable homes to 45 Rich Street?
There are currently no comparable homes to 45 Rich Street.
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