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Worcester 01604 Grafton Hill
476 Lake Ave
Photo of 476 Lake Ave
Sold on Dec 16, 2010

1

Map

$150,000
● House - Off Market

476 Lake Ave

Worcester, MA 01604
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$368,451
RealtyHop Estimate
123.44%
Since Jan 1, 2011
National-US
Primary Model

About This Property

Cozy 2 bedroom, 1 bath ranch with direct view of Lake Quinsigamond.   Fireplace, hardwoods, full basement and attached garage.   Updates include young roof, vinyl siding, replacement windows, recent bulkhead  and 200 amp electrical.  Private back yard.  Interior of home requires some cosmetics/remodeling.  Property is conveniently located and a great alternative to condo living!  NOT A SHORT SALE OR FORECLOSURE.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$172
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1962

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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: 10 months ago (MLSPIN #71142913)

Price History

Date / Event Date Event Price
Dec 16, 2010 Sold
Premium
Sold
Sep 27, 2010 Listed by Rick McPhee Real Estate $164,900
Listed by Rick McPhee Real Estate
Oct 30, 1997 Sold
Premium
Sold
Mar 6, 1997 Listed by Rick McPhee Real Estate $87,500
Listed by Rick McPhee Real Estate
Dec 23, 1994 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 960
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,644
  • Total Building Area: 960
  • Gross Building Area: 2,270
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000405
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732301

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 41-006-00119
  • Parcel: WORC M:41 B:006 L:00119
  • Block: 6
  • Lot: 119
  • Municipality: WORCESTER
  • Latitude: 42.2455
  • Longitude: -71.7495

    Address

  • Full Address: 476 Lake Ave
  • Address - House Number: 476
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1363
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $398,700

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 352,325
  • High Value: 423,813
  • Low Value: 280,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,000
  • Assessed Land Value: $103,700
  • Assessed Improvements Value: $174,300

    Sales

  • Current Sale Recording Date: Dec 16, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00141933
  • Previous Sale Recording Date: Oct 30, 1997
  • Previous Sale Amount: $87,000
  • 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 Grafton Hill

Stats & Trends

Median Asking:

$459,500

Sale Price/ft²

$280

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1833 ft²

Average Home Age

65.1 years

Currently For Sale

24 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: 10 months ago
Data Source: MLS PIN, MLS# 71142913

Frequently Asked Questions

When was property at 476 Lake Avenue built and last sold?
The property at 476 Lake Avenue was built in 1962 and last sold on Jan 1, 1970 for $150,000.
How much is this home worth?
The estimated value of the home located at 476 Lake Avenue is $168,913.
What are some comparable homes to 476 Lake Avenue?
There are currently no comparable homes to 476 Lake Avenue.
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