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Worcester 01606 Greendale
51 Summerhill Ave
$222,000
● House - Off Market

51 Summerhill Ave

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$371,992
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Impeccably maintained 3 Bedroom, 2 Bath Cape loaded with updates!  Architectural shingled roof, replacement windows, vinyl sided, circuit breakers, natural gas heating system, a gorgeous granite kitchen with hardwoods, 2 full tiled baths, sun filled dining & fireplaced living room.  Huge front to back bedrooms with sparkling hardwoods on second floor with first floor 3rd bedroom or office.  Plus a mudroom off the kitchen with a spacious vinyl/composite deck overlooking a manicured lawn, patio & garden area.  Located in a fantastic Burncoat neighborhood just minutes to Rte 290, Quinsig college & UMASS Lake Ave campus. This one is Mint & Move in Ready!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$164
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1939

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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 #72013798)

Price History

Date / Event Date Event Price
Jul 14, 2016 Sold
Premium
Sold
May 30, 2016 Listed by Central Mass Realty $219,900
Listed by Central Mass Realty

Property Highlights

Fireplace
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • 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: 504
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,800
  • Total Building Area: 1,344
  • Gross Building Area: 2,651
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,344
  • 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: 730300

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 12-040-00002
  • Parcel: WORC M:12 B:040 L:00002
  • Block: 40
  • Lot: 2
  • Municipality: WORCESTER
  • Latitude: 42.3053
  • Longitude: -71.795

    Address

  • Full Address: 51 Summerhill Ave
  • Address - House Number: 51
  • Address - Street Name: Summerhill
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 2237
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $474,500

    Appraisal Valuation

  • Standard Deviation: 0.27
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 408,104
  • High Value: 518,293
  • Low Value: 297,914

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,900
  • Assessed Land Value: $92,100
  • Assessed Improvements Value: $238,800

    Sales

  • Current Sale Recording Date: Jul 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75019
  • Previous Sale Recording Date: Dec 24, 2015
  • 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 Greendale

Stats & Trends

Median Asking:

$469,000

Sale Price/ft²

$293

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2664 ft²

Average Home Age

78.7 years

Currently For Sale

19 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72013798

Frequently Asked Questions

When was property at 51 Summerhill Avenue built and last sold?
The property at 51 Summerhill Avenue was built in 1939 and last sold on Jan 1, 1970 for $222,000.
How much is this home worth?
The estimated value of the home located at 51 Summerhill Avenue is $231,470.
What are some comparable homes to 51 Summerhill Avenue?
There are currently no comparable homes to 51 Summerhill Avenue.
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