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Worcester 01609 Salisbury Street
50 Terrace Dr
$220,000
● House - Off Market

50 Terrace Dr

Worcester, MA 01609
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,724 Ft²
$386,802
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

...SALISBURY ST..NEWTON AVE. NO.!... Spacious Open Floor Plan minutes to Flagg St. School, Assumption College and WPI!!...Hardwoods throughout!.. Fireplaced Living Room... (Electric Insert)... First Floor Den/Office... Updated Kitchen with Gas Cooking Stove opens to the large Deck... Economical Gas Heat & Hot Water... Maintenance-Free Vinyl-Siding...Replacement windows throughout the home...Three good Sized bedrooms on the Second Floor and 2 Full Tiled Baths...Walk up Attic for great storage...One Car Garage under, plus covered parking for an additional Car and off street parking for 4+ Cars..
Unit Size
1,724 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$133
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1925

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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 #71991321)

Price History

Date / Event Date Event Price
Dec 20, 2016 Sold
Premium
Sold
Apr 20, 2016 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $229,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Feb 28, 2003 Sold
Premium
Sold
Nov 7, 2002 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $239,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • 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: 790
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,806
  • Total Building Area: 1,724
  • Gross Building Area: 3,839
  • Building Area: 1,724
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,724
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000133
  • 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: 43-005-00051
  • Parcel: WORC M:43 B:005 L:00051
  • Block: 5
  • Lot: 51
  • Municipality: WORCESTER
  • Latitude: 42.282
  • Longitude: -71.8219

    Address

  • Full Address: 50 Terrace Dr
  • Address - House Number: 50
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 1443
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $520,800

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 455,753
  • High Value: 548,012
  • Low Value: 363,494

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,200
  • Assessed Land Value: $94,900
  • Assessed Improvements Value: $268,300

    Sales

  • Current Sale Recording Date: Dec 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 146856
  • Previous Sale Recording Date: Feb 28, 2003
  • Previous Sale Amount: $225,000
  • 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 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# 71991321

Frequently Asked Questions

When was property at 50 Terrace Drive built and last sold?
The property at 50 Terrace Drive was built in 1925 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 50 Terrace Drive is $245,070.
What are some comparable homes to 50 Terrace Drive?
There are currently no comparable homes to 50 Terrace Drive.
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