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Worcester 01603 Webster Square
5 Richards St
$90,000
● House - Off Market

5 Richards St

Worcester, MA 01603
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,542 Ft²
$71,816
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

This property has 4 bedrooms, 2 bathrooms and approximately 2,542 sqft of floor space. This property has a lot size of 5,812 sqft and was built in 1994. Property is being sold for land value as interior sustained fire damage.  Showings are available but the property is damaged and a possible hazard.- For access, all people must sign attached Hold Harmless Agreement prior to entry.
Unit Size
2,542 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$19
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1994

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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 #72542349)

Price History

Date / Event Date Event Price
Sep 27, 2019 Sold
Premium
Sold
Jul 31, 2019 Listed by Jorge Andres Zea $49,000
Listed by Jorge Andres Zea
Apr 26, 2005 Sold
Premium
Sold
Aug 6, 2004 Listed by Sullivan Real Estate Group $200,000
Listed by Sullivan Real Estate Group
Great commuter location. Minutes to Clark University. Hardwoods throughout. Studio in large walkout basement with kitchen, fireplace and half bath. Near schools, bus, shopping, park. A must see, bring your buyers.
Jun 14, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • 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: 1,271
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,812
  • Total Building Area: 2,542
  • Gross Building Area: 5,124
  • Building Area: 2,542
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,542
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: SHS INC HOLDEN
  • Land Acres: 0000000133
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731204

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 7-009-00005
  • Parcel: WORC M:07 B:009 L:00005
  • Block: 9
  • Lot: 5
  • Municipality: WORCESTER
  • Latitude: 42.2484
  • Longitude: -71.8237

    Address

  • Full Address: 5 Richards St
  • Address - House Number: 5
  • Address - Street Name: Richards
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C011
  • 4-Digit Zip Code: 2608
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $109,700
  • Initial Tax Delinquent Year: 2022

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,500
  • Assessed Land Value: $76,500

    Sales

  • Current Sale Contract Date: Sep 11, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100958
  • Previous Sale Recording Date: Sep 09, 2019
  • Previous Sale Contract Date: Sep 04, 2019
  • Previous Sale Amount: $5,000
  • 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 Webster Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2413 ft²

Average Home Age

92 years

Currently For Sale

24 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# 72542349

Frequently Asked Questions

When was property at 5 Richards Street built and last sold?
The property at 5 Richards Street was built in 1994 and last sold on Sep 11, 2019 for $90,000.
How much is this home worth?
The estimated value of the home located at 5 Richards Street is $78,404.
What are some comparable homes to 5 Richards Street?
There are currently no comparable homes to 5 Richards Street.
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