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Worcester 01507
5 Colicum Drive
$351,000
● House - Off Market

5 Colicum Drive

Charlton, MA 01507
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,688 Ft²
$653,217
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Young colonial.  10 rooms, 4 bedrooms, 2 ½ baths with a 2 car attached garage.  Desirable Wamsutta Estates neighborhood setting with a large, level lot.  Totally renovated from top to bottom.  New kitchen, baths, refinished hardwood floors, new carpeting, fresh paint inside and out and new high efficiency propane heating and hot on demand system.  First floor includes LR, DR, FR w/fireplace, two story foyer and new kitchen w/granite countertops and hardwood floors.  Open floor plan.  Don't miss this opportunity to own this great home!
Unit Size
2,688 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$130
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1993

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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: 6 months ago (MLSPIN #71692941)

Price History

Date / Event Date Event Price
Nov 20, 2014 Sold
Premium
Sold
Jun 4, 2014 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $350,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Dec 30, 2002 Sold
Premium
Sold
Jul 23, 2002 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $349,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Basement Area: 1,012
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,080
  • Total Building Area: 2,409
  • Gross Building Area: 4,865
  • Building Area: 2,409
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,409
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dudley-Charlton Regional School District
  • School Tax School District: S WORCESTER RGN
  • Census Tract: 756102

Zoning

  • Zoning: A

Geography

  • Parcel: CHAR M:0056 B:000A L:0000050
  • Block: A
  • Lot: 50
  • Municipality: CHARLTON
  • Latitude: 42.1233
  • Longitude: -71.9198

    Address

  • Full Address: 5 Colicum Dr
  • Address - House Number: 5
  • Address - Street Name: Colicum
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Charlton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1444
  • Zip Code: 01507

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $647,600

    Appraisal Valuation

  • Standard Deviation: 0.1626
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 637,901
  • High Value: 741,668
  • Low Value: 534,134

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $571,100
  • Assessed Land Value: $96,300
  • Assessed Improvements Value: $474,800

    Sales

  • Current Sale Recording Date: Nov 20, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 109684
  • Previous Sale Recording Date: Dec 30, 2002
  • Previous Sale Amount: $335,000
  • 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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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: 6 months ago
Data Source: MLS PIN, MLS# 71692941

Frequently Asked Questions

When was property at 5 Colicum Drive built and last sold?
The property at 5 Colicum Drive was built in 1993 and last sold on Jan 1, 1970 for $351,000.
How much is this home worth?
The estimated value of the home located at 5 Colicum Drive is $371,240.
What are some comparable homes to 5 Colicum Drive?
There are currently no comparable homes to 5 Colicum Drive.
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