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Worcester 01604 Broadmeadow Brook
533 Lake Avenue
Photo of 533 Lake Avenue
Sold on Nov 29, 2005

1

Map

$222,000
● House - Off Market

533 Lake Avenue

Worcester, MA 01604
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,163 Ft²
$401,037
RealtyHop Estimate
72.49%
Since Dec 1, 2005
National-US
Primary Model

About This Property

A Gem of a Starter Home. Large Rooms thru-out Charming Cape Offers Expansion For Additional Rooms on Second Floor. Part Finished Basement. Also Has Full Bathroom, Convenient Access to Shopping and Public Transportation.
Unit Size
1,163 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$200
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
1945

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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 #70245754)

Price History

Date / Event Date Event Price
Nov 29, 2005 Sold
Premium
Sold
Aug 22, 2005 Listed $232,500
Listed
Dec 3, 1999 Sold
Premium
Sold
Sep 23, 1999 Listed $99,900
Listed

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,028
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,000
  • Total Building Area: 1,028
  • Gross Building Area: 3,396
  • Building Area: 1,028
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,028
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732301

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 41-012-00021
  • Parcel: WORC M:41 B:012 L:00021
  • Block: 12
  • Lot: 21
  • Municipality: WORCESTER
  • Latitude: 42.2416
  • Longitude: -71.7479

    Address

  • Full Address: 533 Lake Ave
  • Address - House Number: 533
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1342
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $334,000

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 337,262
  • High Value: 405,694
  • Low Value: 268,831

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,900
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $129,600

    Sales

  • Current Sale Recording Date: Nov 29, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00202458
  • Previous Sale Recording Date: Dec 03, 1999
  • Previous Sale Amount: $92,000
  • 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:

$449,000

Sale Price/ft²

$270

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1515 ft²

Average Home Age

50.1 years

Currently For Sale

17 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# 70245754

Frequently Asked Questions

When was property at 533 Lake Avenue built and last sold?
The property at 533 Lake Avenue was built in 1945 and last sold on Jan 1, 1970 for $222,000.
How much is this home worth?
The estimated value of the home located at 533 Lake Avenue is $234,939.
What are some comparable homes to 533 Lake Avenue?
There are currently no comparable homes to 533 Lake Avenue.
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