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Worcester 01609 Salisbury Street
5 Pine Tree Drive
$198,000
● House - Off Market

5 Pine Tree Drive

Worcester, MA 01609
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,414 Ft²
$370,965
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Cape Style home off Salisbury Street. Gleaming hardwood floors, freshly painted, 7 rooms, formal fireplaced living room, formal dining room with wall of built-ins, den with lovely stone floor, eat-in applianced kitchen, 1st floor master and full bath.  Second floor offers two bedrooms, shining hardwood, and a half bath. Potential lower level gameroom, recent boiler ( 2012 ), access to the garage.
Unit Size
1,414 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$148
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1946

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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 #71840248)

Price History

Date / Event Date Event Price
Dec 11, 2015 Sold
Premium
Sold
May 20, 2015 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $209,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 754
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,089
  • Total Building Area: 1,414
  • Gross Building Area: 2,828
  • Building Area: 1,414
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,414
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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: 20-041-0000A
  • Parcel: WORC M:20 B:041 L:0000A
  • Block: 41
  • Lot: A
  • Municipality: WORCESTER
  • Latitude: 42.2804
  • Longitude: -71.8188

    Address

  • Full Address: 5 Pine Tree Dr
  • Address - House Number: 5
  • Address - Street Name: Pine Tree
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 1407
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $469,600

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 418,073
  • High Value: 502,705
  • Low Value: 333,442

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,500
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $224,300

    Sales

  • Current Sale Recording Date: Dec 11, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 130877
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

3006 ft²

Average Home Age

83.8 years

Currently For Sale

13 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71840248

Frequently Asked Questions

When was property at 5 Pine Tree Drive built and last sold?
The property at 5 Pine Tree Drive was built in 1946 and last sold on Jan 1, 1970 for $196,500.
How much is this home worth?
The estimated value of the home located at 5 Pine Tree Drive is $220,656.
What are some comparable homes to 5 Pine Tree Drive?
There are currently no comparable homes to 5 Pine Tree Drive.
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