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Worcester 01602 Newton Square
5 Cornell St
$193,000
● House - Off Market

5 Cornell St

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,717 Ft²
$401,276
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

Built in Worcester's Golden Age of residential development and just renovated, this beautiful West-side home has the character and architectural details you have been looking for: open and inviting layout, heated porch, fireplace, large deck. Quality construction meets quality renovation: new kitchen with premium maple cabinets, granite counter tops, tile back splash, and stainless steel appliances, new roof, new windows, updated bathrooms, gleaming hardwood floors, fresh paint. Ready for you!!
Unit Size
1,717 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$114
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1923

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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 #71461476)

Price History

Date / Event Date Event Price
Mar 20, 2013 Sold
Premium
Sold
Dec 1, 2012 Listed by Daniel Stroe Realty $195,000
Listed by Daniel Stroe Realty
Aug 25, 2003 Sold
Premium
Sold
May 27, 2003 Listed by Bayside Realty $234,900
Listed by Bayside Realty
CHARMING 3 BEDROOM IN NEWTON SQ. HDWD THRUOUT, SPACIOUS OPEN KITCHEN/DINING ROOM W/BUILT IN CABINETS, GAS F/P IN L/R, NEW 24X16 DECK W/FENCED IN BACKYARD, F/R W/LOTS OF WINDOWS & BUILT IN CABINETS, NEW OIL TANK & HOT WATER HEATER.
Nov 22, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • 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: 15
  • 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: 6
  • Basement Area: 690
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,821
  • Total Building Area: 1,444
  • Gross Building Area: 2,981
  • Building Area: 1,444
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,444
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEFINITIVE PLAN MAPLEVALE
  • Land Acres: 0000000088
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730802

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 11-022-0007A
  • Parcel: WORC M:11 B:022 L:0007A
  • Block: 22
  • Lot: 7A
  • Municipality: WORCESTER
  • Latitude: 42.2772
  • Longitude: -71.8304

    Address

  • Full Address: 5 Cornell St
  • Address - House Number: 5
  • Address - Street Name: Cornell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1501
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $454,700

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 429,255
  • High Value: 509,345
  • Low Value: 349,164

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,100
  • Assessed Land Value: $70,700
  • Assessed Improvements Value: $246,400

    Sales

  • Current Sale Recording Date: Mar 20, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32908
  • Previous Sale Recording Date: Mar 20, 2013
  • Previous Sale Amount: $193,000
  • 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 Newton Square

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

60

Average Home Size

5536 ft²

Average Home Age

112.4 years

Currently For Sale

10 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# 71461476

Frequently Asked Questions

When was property at 5 Cornell Street built and last sold?
The property at 5 Cornell Street was built in 1923 and last sold on Jan 1, 1970 for $193,000.
How much is this home worth?
The estimated value of the home located at 5 Cornell Street is $211,841.
What are some comparable homes to 5 Cornell Street?
There are currently no comparable homes to 5 Cornell Street.
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