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Worcester 01604 Broadmeadow Brook
50 Park Terrace Road
$225,000
● House - Off Market

50 Park Terrace Road

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,000 Ft²
$489,267
RealtyHop Estimate
122.50%
Since Dec 1, 2003
National-US
Primary Model

About This Property

SUBJECT TO FINDING SUITABLE HOUSING- MOVE IN CONDITION - FULL FINISHED LOWER LEVEL-GREAT IN-LAW-2 ZONES- FAMILY ROOM W/ GORGEOUS BAR- A/G POOL-DECKS- SUNHOUSE-COMPUTER ROOM-TOP QUALITY -NEW FURNACE+WINDOWS-PARKING FOR 4-SIDED-INLAW
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$220
Property Type
House
Property Taxes
$181
HOA Dues
-
Year Built
1958

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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 years ago (MLSPIN #30731940)

Price History

Date / Event Date Event Price
Nov 17, 2003 Sold
Premium
Sold
Jun 9, 2003 Listed by Coldwell Banker Realty - Worcester $219,900
Listed by Coldwell Banker Realty - Worcester
Aug 27, 1999 Sold
Premium
Sold
Jun 11, 1999 Listed by Coldwell Banker Realty - Worcester $122,000
Listed by Coldwell Banker Realty - Worcester
Feb 18, 1994 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 988
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,080
  • Total Building Area: 988
  • Gross Building Area: 2,295
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732400

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 35-009-00049
  • Parcel: WORC M:35 B:009 L:00049
  • Block: 9
  • Lot: 49
  • Municipality: WORCESTER
  • Latitude: 42.2489
  • Longitude: -71.782

    Address

  • Full Address: 50 Park Terrace Rd
  • Address - House Number: 50
  • Address - Street Name: Park Terrace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 3926
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $421,300

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 379,117
  • High Value: 450,196
  • Low Value: 308,038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,800
  • Assessed Land Value: $78,400
  • Assessed Improvements Value: $215,400

    Sales

  • Current Sale Recording Date: Nov 17, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 302293
  • Previous Sale Recording Date: Aug 27, 1999
  • Previous Sale Amount: $120,000
  • 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 Broadmeadow Brook

Stats & Trends

Median Asking:

$429,900

Sale Price/ft²

$273

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1439 ft²

Average Home Age

40.4 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 years ago
Data Source: MLS PIN, MLS# 30731940

Frequently Asked Questions

When was property at 50 Park Terrace Road built and last sold?
The property at 50 Park Terrace Road was built in 1958 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 50 Park Terrace Road is $0.
What are some comparable homes to 50 Park Terrace Road?
There are currently no comparable homes to 50 Park Terrace Road.
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