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Worcester 01606 Indian Hill
5 Hockanum Way
$355,000
● House - Off Market

5 Hockanum Way

Worcester, MA 01606
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,300 Ft²
$556,170
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Herringbone walkway leads to this stunning, updated 5 bedroom colonial. Master suite with walk in shower and steam for 2-4 people. Small bedroom used as walk in closet with shelving system.Upstairs 3 bedrooms and hallway have custom built-ins plus custom shelving built into the doors. Hardwood flooring in each room as well as the bathroom.  Irrigation system maintains a pristine green lawn with separate water line. Massive 10.5 ft. outdoor fireplace can be used for grilling. Large 40 foot arbovites are green all year to give full privacy. Roof 5 years old with lifetime shingles, blown in insulation through Mass Save, gas furnace 3 years. Mintues to Rt.190 & 290, walk to YMCA, splash park, Indian Lake and Bancroft school.
Unit Size
3,300 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$106
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1912

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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 #72207861)

Price History

Date / Event Date Event Price
Oct 17, 2017 Sold
Premium
Sold
Aug 2, 2017 Listed by Keller Williams Realty Greater Worcester $349,900
Listed by Keller Williams Realty Greater Worcester
Apr 19, 2005 Sold
Premium
Sold
Aug 31, 2000 Sold
Premium
Sold
Jul 20, 2000 Listed by Aberman Associates, Inc. $147,000
Listed by Aberman Associates, Inc.
SPACIOUS 3 STORY DUTCH COLONIAL BRIGHT AND AIRY CORNER LOT
Show More

Property Highlights

Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,072
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,360
  • Total Building Area: 2,674
  • Gross Building Area: 4,531
  • Building Area: 2,674
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,674
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730100

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 37-014-08+09
  • Parcel: WORC M:37 B:014 L:08+09
  • Block: 14
  • Lot: 8+09
  • Municipality: WORCESTER
  • Latitude: 42.3071
  • Longitude: -71.8098

    Address

  • Full Address: 5 Hockanum Way
  • Address - House Number: 5
  • Address - Street Name: Hockanum
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Worcester
  • Carrier Code: C015
  • 4-Digit Zip Code: 2634
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $706,100

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 611,600
  • High Value: 718,185
  • Low Value: 505,015

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $492,400
  • Assessed Land Value: $103,000
  • Assessed Improvements Value: $389,400

    Sales

  • Current Sale Recording Date: Oct 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 114945
  • Previous Sale Recording Date: Apr 19, 2005
  • Previous Sale Amount: $340,000
  • 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 Indian Hill

Stats & Trends

Median Asking:

$429,000

Sale Price/ft²

$298

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2061 ft²

Average Home Age

68.3 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72207861

Frequently Asked Questions

When was property at 5 Hockanum Way built and last sold?
The property at 5 Hockanum Way was built in 1912 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 5 Hockanum Way is $354,610.
What are some comparable homes to 5 Hockanum Way?
There are currently no comparable homes to 5 Hockanum Way.
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