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Worcester 01604 Broadmeadow Brook
489 Massasoit Road
$260,000
● House - Off Market

489 Massasoit Road

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,344 Ft²
$400,874
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Charming brick front dormered cape cod style home with 2 bedrooms and full bath on the upper level.  3rd bedroom and 1/2 bath on the main level.  Gleaming hardwood floors on the main level were just refinished.  Large living room with fireplace.  Open kitchen/dining room with lots of cabinets and a built in hutch!  Custom arched entry door to vestibule with French door.   One deck overlooks the private back yard and a bonus covered sitting porch overlooking the side yard.  Excellent commuter location close to schools, shopping, park and bus route.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$197
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1945

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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: 4 months ago (MLSPIN #72350507)

Price History

Date / Event Date Event Price
Aug 3, 2018 Sold
Premium
Sold
Jun 21, 2018 Listed by Keller Williams Realty North Central $265,000
Listed by Keller Williams Realty North Central
Jul 1, 2009 Sold
Premium
Sold
May 10, 2009 Listed by Keller Williams Realty North Central $187,000
Listed by Keller Williams Realty North Central
Apr 15, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • 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: 15
  • Building Style: 4
  • Exterior Walls Type: 23
  • 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: 568
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,344
  • Gross Building Area: 2,574
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732801

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 34-032-00014
  • Parcel: WORC M:34 B:032 L:00014
  • Block: 32
  • Lot: 14
  • Municipality: WORCESTER
  • Latitude: 42.229
  • Longitude: -71.7623

    Address

  • Full Address: 489 Massasoit Rd
  • Address - House Number: 489
  • Address - Street Name: Massasoit
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C005
  • 4-Digit Zip Code: 3542
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $460,500

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 408,684
  • High Value: 485,306
  • Low Value: 332,062

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,100
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $217,900

    Sales

  • Current Sale Recording Date: Aug 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81040
  • Previous Sale Recording Date: Jul 01, 2009
  • Previous Sale Amount: $187,000
  • 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 Broadmeadow Brook

Stats & Trends

Median Asking:

$449,000

Sale Price/ft²

$270

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1515 ft²

Average Home Age

50.1 years

Currently For Sale

17 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72350507

Frequently Asked Questions

When was property at 489 Massasoit Road built and last sold?
The property at 489 Massasoit Road was built in 1945 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 489 Massasoit Road is $272,414.
What are some comparable homes to 489 Massasoit Road?
There are currently no comparable homes to 489 Massasoit Road.
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