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Worcester 01602 Newton Square
54 Howland Terrace
$500,000
● House - Off Market

54 Howland Terrace

Worcester, MA 01602
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,852 Ft²
$467,268
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome home to this charming gambrel Dutch colonial property! Located in one of Worcester's most desired west side neighborhoods, this home features a spacious layout, modern kitchen and baths, gleaming hardwood floors throughout, large bedrooms, brand new kitchen appliances, cabinets and countertops, as well as a walk up attic perfect for additional living space and much more! This property is highly accessible, only minutes from the highway and downtown Worcester. You don't want to miss all this beautiful property has to offer! **OFFER DEADLINE HIGHEST AND BEST DUE MONDAY 6/12 @ 3PM**
Unit Size
1,852 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$254
Property Type
House
Property Taxes
$401
HOA Dues
-
Year Built
1912

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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 #73122366)

Price History

Date / Event Date Event Price
Aug 2, 2023 Sold
Premium
Sold
Jun 13, 2023 In contract -
In contract
Jun 8, 2023 Listed by eXp Realty $469,900
Listed by eXp Realty
Dec 23, 2022 Sold
Premium
Sold
Jan 31, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 934
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,270
  • Total Building Area: 1,852
  • Gross Building Area: 4,161
  • Building Area: 1,852
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,852
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730901

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 24-023-00030
  • Parcel: WORC M:24 B:023 L:00030
  • Block: 23
  • Lot: 30
  • Municipality: WORCESTER
  • Latitude: 42.268
  • Longitude: -71.8311

    Address

  • Full Address: 54 Howland Ter
  • Address - House Number: 54
  • Address - Street Name: Howland
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 2631
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $481,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 454,315
  • High Value: 536,526
  • Low Value: 372,103

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,400
  • Assessed Land Value: $96,100
  • Assessed Improvements Value: $239,300

    Sales

  • Current Sale Contract Date: Jul 24, 2023
  • Current Sale Recording Date: Aug 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63076
  • Previous Sale Recording Date: Dec 23, 2022
  • Previous Sale Contract Date: Dec 22, 2022
  • Previous Sale Amount: $250,000
  • 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 Newton Square

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

60

Average Home Size

5536 ft²

Average Home Age

112.4 years

Currently For Sale

10 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# 73122366

Frequently Asked Questions

When was property at 54 Howland Terrace built and last sold?
The property at 54 Howland Terrace was built in 1912 and last sold on Jul 24, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 54 Howland Terrace is $460,837.
What are some comparable homes to 54 Howland Terrace?
There are currently no comparable homes to 54 Howland Terrace.
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