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Worcester
45 Richards Street
$190,000
● House - Off Market

45 Richards Street

Auburn, MA 01501
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,132 Ft²
$369,462
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

You got to check this one out. Homes by Emerson rehab project. Hardwoods refinished (final coat just before closing), new kitchen & bathroom with all new flooring and bedrooms have new carpets.  Interior trim work updated and recently painted. Brand new kitchen featuring Stainless Steel Appliances including stove, dishwasher, micro and range. Large kitchen has upgraded cabinets plus brand new granite counter tops, all from our custom supplier.  Elevated lot offers treed line privacy with great views from deck. One car detached garage. Excellent basement.  Well established area offering great access and quiet setting. Great equity builder. Don't wait on this one.
Unit Size
1,132 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$177
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1940

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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 #71749157)

Price History

Date / Event Date Event Price
Feb 27, 2015 Sold
Premium
Sold
Sep 26, 2014 Listed by Emerson REALTORS® $199,900
Listed by Emerson REALTORS®
Jul 17, 2014 Sold
Premium
Sold
May 1, 2014 Listed by Emerson REALTORS® $199,000
Listed by Emerson REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • 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: 0
  • Building Style: 15
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,780
  • Total Building Area: 1,161
  • Gross Building Area: 2,568
  • Building Area: 1,161
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,161
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Auburn School District
  • School Tax School District: AUBURN SD
  • Census Tract: 736300

Geography

  • Account Number: 3528
  • District: 17
  • Parcel: AUBU M:0032 L:0099
  • Lot: 99
  • Municipality: AUBURN
  • Latitude: 42.2033
  • Longitude: -71.8439

    Address

  • Full Address: 45 Richards St
  • Address - House Number: 45
  • Address - Street Name: Richards
  • Address - Suffix Type: St
  • State: MA
  • City Name: Auburn
  • Carrier Code: C002
  • 4-Digit Zip Code: 1971
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $471,200

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 380,909
  • High Value: 460,619
  • Low Value: 301,199

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $315,600
  • Assessed Land Value: $120,200
  • Assessed Improvements Value: $195,400

    Sales

  • Current Sale Recording Date: Feb 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16313
  • Previous Sale Recording Date: Jul 17, 2014
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 35
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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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: 4 months ago
Data Source: MLS PIN, MLS# 71749157

Frequently Asked Questions

When was property at 45 Richards Street built and last sold?
The property at 45 Richards Street was built in 1940 and last sold on Jan 1, 1970 for $190,000.
How much is this home worth?
The estimated value of the home located at 45 Richards Street is $206,576.
What are some comparable homes to 45 Richards Street?
There are currently no comparable homes to 45 Richards Street.
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