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Worcester 01602 Newton Square
48 Amherst St
$405,000
● House - Off Market

48 Amherst St

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,456 Ft²
$387,985
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

**Multiple Offers, Highest & Best due Monday at 5pm**. Charming Classic Colonial in the highly desirable West Side of Worcester! This 3 bedroom, 1.5 bath home sits on a spacious, corner lot with a large fenced in yard, mature plantings and enclosed rear porch. The interior is full of character with original hardwood floors, arched doorways and crown mouldings. Upstairs, you'll find 3 spacious bedrooms, full bath and walk-up attic with cedar closet and plenty of space to finish for a bonus room. Recent upgrades include newly painted exterior, boiler replaced in 2018 with gas conversion, electrical service updated in 2006, Radon Remediation System and 2nd fl bath plumbing replaced. Property being sold AS-IS.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$264
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1937

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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 #73095802)

Price History

Date / Event Date Event Price
May 5, 2023 Sold
Premium
Sold
Apr 14, 2023 In contract -
In contract
Apr 6, 2023 Listed by BA Property & Lifestyle Advisors $385,000
Listed by BA Property & Lifestyle Advisors
Apr 14, 2006 Sold
Premium
Sold
Oct 25, 2005 Listed by BA Property & Lifestyle Advisors $269,900
Listed by BA Property & Lifestyle Advisors
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Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 764
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,180
  • Total Building Area: 1,456
  • Gross Building Area: 3,096
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730802

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 11-024-00027
  • Parcel: WORC M:11 B:024 L:00027
  • Block: 24
  • Lot: 27
  • Municipality: WORCESTER
  • Latitude: 42.2756
  • Longitude: -71.8282

    Address

  • Full Address: 48 Amherst St
  • Address - House Number: 48
  • Address - Street Name: Amherst
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C014
  • 4-Digit Zip Code: 2010
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $437,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1872
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 414,248
  • High Value: 491,804
  • Low Value: 336,693

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,200
  • Assessed Land Value: $102,300
  • Assessed Improvements Value: $202,900

    Sales

  • Current Sale Contract Date: May 05, 2023
  • Current Sale Recording Date: May 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34532
  • Previous Sale Recording Date: Apr 14, 2006
  • Previous Sale Amount: $265,000
  • 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 Newton Square

Stats & Trends

Median Asking:

$527,450

Sale Price/ft²

$272

Below Asking

0.02%

Average Days on Market

60

Average Home Size

5693 ft²

Average Home Age

114 years

Currently For Sale

9 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# 73095802

Frequently Asked Questions

When was property at 48 Amherst Street built and last sold?
The property at 48 Amherst Street was built in 1937 and last sold on May 5, 2023 for $405,000.
How much is this home worth?
The estimated value of the home located at 48 Amherst Street is $385,102.
What are some comparable homes to 48 Amherst Street?
There are currently no comparable homes to 48 Amherst Street.
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