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Worcester 01609 Salisbury Street
505 Salisbury St
$470,000
● House - Off Market

505 Salisbury St

Worcester, MA 01609
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,400 Ft²
$672,852
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

New construction on the West side. Dreams do come true! Custom built home awaits your final selections.  Hardwood floors throughout. A beautiful kitchen with high quality grey cabinets, off white granite, tile back splash and stainless appliances. The center island awaits your high top chairs. Master bedroom features a custom shower with tile surround and a balcony overlooking your private fenced back yard. The lower level has a wide open floor plan with a full bathroom and a private entrance ideal for  in-law or mortgage helper.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$200
Property Type
House
Property Taxes
$109
HOA Dues
-
Year Built
2019

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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 #72634159)

Price History

Date / Event Date Event Price
Jul 12, 2021 Sold
Premium
Sold
May 19, 2021 Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office $544,900
Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office
Jun 18, 2020 Sold
Premium
Sold
Mar 16, 2020 Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office $479,900
Listed by Coldwell Banker Residential Brokerage - Northborough Regional Office
Dec 17, 2018 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 242
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,316
  • Total Building Area: 2,156
  • Gross Building Area: 3,454
  • Building Area: 2,156
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,156
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000489
  • 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: 25-042-00005
  • Parcel: WORC M:25 B:042 L:00005
  • Block: 42
  • Lot: 5
  • Municipality: WORCESTER
  • Latitude: 42.2909
  • Longitude: -71.8321

    Address

  • Full Address: 505 Salisbury St
  • Address - House Number: 505
  • Address - Street Name: Salisbury
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C002
  • 4-Digit Zip Code: 1307
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $802,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 659,531
  • High Value: 775,416
  • Low Value: 543,646

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $559,800
  • Assessed Land Value: $108,100
  • Assessed Improvements Value: $451,700

    Sales

  • Current Sale Contract Date: Jul 12, 2021
  • Current Sale Recording Date: Jul 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96875
  • Previous Sale Recording Date: Jun 18, 2020
  • Previous Sale Contract Date: Jun 16, 2020
  • Previous Sale Amount: $470,000
  • 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 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72634159

Frequently Asked Questions

When was property at 505 Salisbury Street built and last sold?
The property at 505 Salisbury Street was built in 2019 and last sold on Jul 12, 2021 for $544,900.
How much is this home worth?
The estimated value of the home located at 505 Salisbury Street is $555,312.
What are some comparable homes to 505 Salisbury Street?
There are currently no comparable homes to 505 Salisbury Street.
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