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Worcester 01602 West Tatnuck
47 Wedgewood Road
$246,000
● House - Off Market

47 Wedgewood Road

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$398,973
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

WONDERFUL LOCATION, RAISED RANCH/SPLIT ENTRY, OPEN SPACE LIVING WITH FIRE PLACE, DINING AND KITCHEN  WITH SLIDER TO LARGE DECK IN THE BACK LEADING TO BRICK PATIO, INLAW UNIT AND OFFICE/PLAY ROOM IN THE LOWER LEVEL, FRESHLY PAINTED, ROOF IS 12 YEARS OLD, HEATING IS ONE YEAR OLD, HAS BOTH CENTRAL HEAT AND ELECTRIC HEAT IN THE BEDROOMS, LOWER LEVEL AND BATHROOMS.  GREAT 1ST TIME HOME BUYERS.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$199
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1967

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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: 6 months ago (MLSPIN #72603858)

Price History

Date / Event Date Event Price
Mar 19, 2020 Sold
Premium
Sold
Jan 2, 2020 Listed by The Professional Group $279,000
Listed by The Professional Group
Mar 28, 2007 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 768
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,488
  • Total Building Area: 1,188
  • Gross Building Area: 2,542
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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: 47-19X-0048R
  • Parcel: WORC M:47 B:19X L:0048R
  • Block: 19X
  • Lot: 48R
  • Municipality: WORCESTER
  • Latitude: 42.2847
  • Longitude: -71.8728

    Address

  • Full Address: 47 Wedgewood Rd
  • Address - House Number: 47
  • Address - Street Name: Wedgewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C023
  • 4-Digit Zip Code: 1000
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $463,900

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 395,244
  • High Value: 475,022
  • Low Value: 315,467

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,500
  • Assessed Land Value: $97,900
  • Assessed Improvements Value: $225,600

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: Mar 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28780
  • Previous Sale Recording Date: Mar 28, 2007
  • Previous Sale Amount: $220,000
  • 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:

$482,450

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2127 ft²

Average Home Age

51.8 years

Currently For Sale

19 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: 6 months ago
Data Source: MLS PIN, MLS# 72603858

Frequently Asked Questions

When was property at 47 Wedgewood Road built and last sold?
The property at 47 Wedgewood Road was built in 1967 and last sold on Mar 18, 2020 for $246,000.
How much is this home worth?
The estimated value of the home located at 47 Wedgewood Road is $286,659.
What are some comparable homes to 47 Wedgewood Road?
There are currently no comparable homes to 47 Wedgewood Road.
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