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Worcester 01602 West Tatnuck
48 Tiverton Pkwy
$359,000
● House - Off Market

48 Tiverton Pkwy

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,618 Ft²
$378,018
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

OPEN HOUSE SUNDAY, JANUARY 2ND FROM 12-2PM! In the heart of Tatnuck Square! You will love this 3bdr, 1.5 bath bungalow! Tucked away on a private lot. Enter into the bright and sunny vaulted family room addition w/ skylights, one bedroom on the first floor and 2 upstairs! Hardwood floors throughout, formal dining room with pass through, fire placed living room and enclosed screened in porch! Beautiful setting with storage shed & stunning fenced in stone patio. Driveway provides plenty of parking off street for at least 6-8 cars. You will appreciate the solitude in your own back yard!
Unit Size
1,618 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$222
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1908

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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 #72928450)

Price History

Date / Event Date Event Price
Feb 25, 2022 Sold
Premium
Sold
Dec 16, 2021 Listed by Leading Edge Real Estate $359,000
Listed by Leading Edge Real Estate
Jul 22, 2014 Sold
Premium
Sold
Feb 19, 2014 Listed by Leading Edge Real Estate $199,900
Listed by Leading Edge Real Estate
May 4, 2006 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • 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: 3
  • 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: 2
  • Basement Area: 1,048
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,561
  • Total Building Area: 1,618
  • Gross Building Area: 3,369
  • Building Area: 1,618
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,618
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000219
  • 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: 40-023-96-98
  • Parcel: WORC M:40 B:023 L:96-98
  • Block: 23
  • Lot: 96-98
  • Municipality: WORCESTER
  • Latitude: 42.2817
  • Longitude: -71.8532

    Address

  • Full Address: 48 Tiverton Pkwy
  • Address - House Number: 48
  • Address - Street Name: Tiverton
  • Address - Suffix Type: Pkwy
  • State: MA
  • City Name: Worcester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1204
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $447,000

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 421,228
  • High Value: 497,452
  • Low Value: 345,004

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,700
  • Assessed Land Value: $103,100
  • Assessed Improvements Value: $208,600

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Feb 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22291
  • Previous Sale Recording Date: Jul 22, 2014
  • Previous Sale Amount: $194,000
  • Previous Sale Document Type: O
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72928450

Frequently Asked Questions

When was property at 48 Tiverton Parkway built and last sold?
The property at 48 Tiverton Parkway was built in 1908 and last sold on Feb 25, 2022 for $359,000.
How much is this home worth?
The estimated value of the home located at 48 Tiverton Parkway is $364,475.
What are some comparable homes to 48 Tiverton Parkway?
There are currently no comparable homes to 48 Tiverton Parkway.
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