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Worcester 01609 Salisbury Street
5 Military Road
$475,000
● House - Off Market

5 Military Road

Worcester, MA 01609
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,376 Ft²
$930,183
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Classic, gracious - totally and tastefully renovated 11 room, 5 bedroom, 31/2 bath vintage stucco colonial. Unique windows, light galore. 26 ft. living room with fireplace   and double French doors opening to 38 ft. open covered brick porch. Stone floor solarium with French doors. 15 ft. dining room with tray ceiling, recessed lighting.  New kitchen with dining area. Master bedroom with fireplace. 3rd floor den with fireplace, bedroom, full bath. All in wonderful Salisbury - Mass. Ave area with   proximity to train station, Rts.290, 495. Airport close by, Worcester Art Museum, stately parks, colleges and universities.
Unit Size
3,376 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$148
Property Type
House
Property Taxes
$722
HOA Dues
-
Year Built
1914

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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 #71728526)

Price History

Date / Event Date Event Price
Oct 1, 2014 Sold
Premium
Sold
Aug 13, 2014 Listed by William T. Lee Real Estate $499,000
Listed by William T. Lee Real Estate
Dec 2, 2008 Sold
Premium
Sold
Oct 1, 2008 Listed by William T. Lee Real Estate $379,000
Listed by William T. Lee Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,252
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,696
  • Total Building Area: 3,376
  • Gross Building Area: 5,506
  • Building Area: 3,376
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,376
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000337
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730801

Zoning

  • Zoning: RS-10

Geography

  • Account Number: 20-009-00004
  • Parcel: WORC M:20 B:009 L:00004
  • Block: 9
  • Lot: 4
  • Municipality: WORCESTER
  • Latitude: 42.2798
  • Longitude: -71.8126

    Address

  • Full Address: 5 Military Rd
  • Address - House Number: 5
  • Address - Street Name: Military
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C015
  • 4-Digit Zip Code: 1626
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $929,400

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 809,363
  • High Value: 951,380
  • Low Value: 667,347

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $648,100
  • Assessed Land Value: $106,600
  • Assessed Improvements Value: $541,500

    Sales

  • Current Sale Recording Date: Oct 01, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92083
  • Previous Sale Recording Date: Dec 02, 2008
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Salisbury Street

Stats & Trends

Median Asking:

$646,700

Sale Price/ft²

$265

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3249 ft²

Average Home Age

85.4 years

Currently For Sale

14 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

Unit for rent at 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera
Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71728526

Frequently Asked Questions

When was property at 5 Military Road built and last sold?
The property at 5 Military Road was built in 1914 and last sold on Jan 1, 1970 for $475,000.
How much is this home worth?
The estimated value of the home located at 5 Military Road is $498,673.
What are some comparable homes to 5 Military Road?
There are currently no comparable homes to 5 Military Road.
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