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Worcester 01602 West Tatnuck
48 Rich Street
$364,000
● House - Off Market

48 Rich Street

Worcester, MA 01602
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,712 Ft²
$459,712
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Buyers got cold feet - Your second chance!  Location! Location! Popular Tatnuck Square area * This beautiful Cape style home OFFERS 8 rooms * 4 bedrooms * Updated kitchen * Fireplaced Living Room * Sunny 3 season Family room * Beautiful finished  basement with gas fireplace and bar * Large fenced in, Private yard with above ground swimming pool and pool shed * Hardwood floors * economical and clean gas heat * Three full bathrooms * Garage * Many updates * Walking distance to restaurants, shops, pharmacy,  reservoir and conservation land. Masks required and all Covid policies to be followed. Square footage does not include the finished basement.
Unit Size
1,712 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$204
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1930

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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: 5 years ago (MLSPIN #72743917)

Price History

Date / Event Date Event Price
Dec 7, 2020 Sold
Premium
Sold
Oct 15, 2020 Listed by RE/MAX Vision $349,900
Listed by RE/MAX Vision
Oct 30, 1989 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 4
  • 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: 2
  • Basement Area: 1,152
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,900
  • Total Building Area: 1,712
  • Gross Building Area: 4,000
  • Building Area: 1,712
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,712
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000181
  • 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: 40-025-00055
  • Parcel: WORC M:40 B:025 L:00055
  • Block: 25
  • Lot: 55
  • Municipality: WORCESTER
  • Latitude: 42.2806
  • Longitude: -71.854

    Address

  • Full Address: 48 Rich St
  • Address - House Number: 48
  • Address - Street Name: Rich
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1202
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,400

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 473,705
  • High Value: 581,325
  • Low Value: 366,085

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,700
  • Assessed Land Value: $102,500
  • Assessed Improvements Value: $293,200

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Dec 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 150945
  • Previous Sale Recording Date: Oct 30, 1989
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
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

$285

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2033 ft²

Average Home Age

42.7 years

Currently For Sale

21 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72743917

Frequently Asked Questions

When was property at 48 Rich Street built and last sold?
The property at 48 Rich Street was built in 1930 and last sold on Nov 16, 2020 for $364,000.
How much is this home worth?
The estimated value of the home located at 48 Rich Street is $0.
What are some comparable homes to 48 Rich Street?
There are currently no comparable homes to 48 Rich Street.
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