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Worcester 01602 Newton Square
5 Field Way
$221,000
● House - Off Market

5 Field Way

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,125 Ft²
$332,840
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Location,location Adorable cape with 4 bedrooms one and half bathroom in desirable Tatnuck neighborhood ,formal dinning room. Character and charm describe this cape  .The first floor offers natural hardwood flooring in the living room and dining room and two bedrooms. Bright and sunny eat-in kitchen with dishwasher, electric stove , and refrigerator . The second floor has a cute two small bedrooms and half bath , bonus basement is ready to Finish and could be used as a play room after finishing and also roughed for bathroom, home has newer roofing and siding, fenced in backyard, property is in move-in condition, pack and move-in.
Unit Size
1,125 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$202
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
1948

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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 #72505214)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
May 23, 2019 Listed by First Realty $227,000
Listed by First Realty
Aug 31, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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: 4
  • 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: 900
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,119
  • Total Building Area: 1,125
  • Gross Building Area: 2,885
  • Building Area: 1,125
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,125
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WORCESTER
  • Land Acres: 0000000118
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730901

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 24-007-00032
  • Parcel: WORC M:24 B:007 L:00032
  • Block: 7
  • Lot: 32
  • Municipality: WORCESTER
  • Latitude: 42.2752
  • Longitude: -71.8347

    Address

  • Full Address: 5 Field Way
  • Address - House Number: 5
  • Address - Street Name: Field
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Worcester
  • Carrier Code: C029
  • 4-Digit Zip Code: 1805
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $404,700

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 367,735
  • High Value: 429,148
  • Low Value: 306,321

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,200
  • Assessed Land Value: $86,100
  • Assessed Improvements Value: $196,100

    Sales

  • Current Sale Contract Date: Aug 22, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 89136
  • Previous Sale Recording Date: Aug 31, 2018
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: 34
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# 72505214

Frequently Asked Questions

When was property at 5 Field Way built and last sold?
The property at 5 Field Way was built in 1948 and last sold on Aug 22, 2019 for $221,000.
How much is this home worth?
The estimated value of the home located at 5 Field Way is $233,527.
What are some comparable homes to 5 Field Way?
There are currently no comparable homes to 5 Field Way.
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