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Worcester 01605 North Lincoln Street
48 White Ave
$349,250
● House - Off Market

48 White Ave

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$369,355
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Easy one level living with 3 spacious bedrooms, eat-in kitchen loaded with plenty of cabinet space, 2 pantry cabinets and granite counters. Level, fenced in yard is perfect for outdoor entertaining and play area for family members and pets. Easy to finish basement with high ceilings, a petition wall already installed, large closet area and pellet stove. The other half of the basement makes for a great workshop and storage. Mass Save audit done in 2013 with added insulation in the attic makes this home very energy efficient. Easy commuting to I-190 and I-290, less than 2 miles to UMASS and plenty of shopping and amenities in the area.
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$339
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
2005

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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 #73038466)

Price History

Date / Event Date Event Price
Nov 2, 2022 Sold
Premium
Sold
Oct 1, 2022 In contract -
In contract
Sep 19, 2022 Listed by RE/MAX Advantage 1 $350,000
Listed by RE/MAX Advantage 1

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: 11
  • Exterior Walls Type: 19
  • 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: 1,032
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,032
  • Gross Building Area: 2,064
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732002

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 46-028-509-1
  • Parcel: WORC M:46 B:028 L:509-1
  • Block: 28
  • Lot: 509-1
  • Municipality: WORCESTER
  • Latitude: 42.3017
  • Longitude: -71.7724

    Address

  • Full Address: 48 White Ave
  • Address - House Number: 48
  • Address - Street Name: White
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C008
  • 4-Digit Zip Code: 1641
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $420,900

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 368,007
  • High Value: 440,884
  • Low Value: 295,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,500
  • Assessed Land Value: $61,400
  • Assessed Improvements Value: $232,100

    Sales

  • Current Sale Contract Date: Oct 25, 2022
  • Current Sale Recording Date: Nov 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118798
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 North Lincoln Street

Stats & Trends

Median Asking:

$459,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1885 ft²

Average Home Age

75.7 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

Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73038466

Frequently Asked Questions

When was property at 48 White Avenue built and last sold?
The property at 48 White Avenue was built in 2005 and last sold on Oct 25, 2022 for $349,250.
How much is this home worth?
The estimated value of the home located at 48 White Avenue is $350,775.
What are some comparable homes to 48 White Avenue?
There are currently no comparable homes to 48 White Avenue.
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