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Worcester 01606 Greendale
54 King Philip Rd
$250,000
● House - Off Market

54 King Philip Rd

Worcester, MA 01606
bedrooms
2 Beds
bathrooms
1 Bath
square feet
756 Ft²
$274,960
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Opportunity for affordable single-level living in a sought-after Greendale location.   This 2 bedroom home features hardwood flooring, updated windows, a wonderful 3 season room adding an additional 240 SF of living space.   The full basement is partially finished with a family room and dry bar.  Level lot with Big back yard for gardening or outdoor enjoyment. House is move in ready but could use some updates.   Detached 2 car garage is in need of TLC.  Peeling paint will prevent some financing.
Unit Size
756 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$311
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1961

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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: 5 years ago (MLSPIN #72811088)

Price History

Date / Event Date Event Price
Jun 2, 2021 Sold
Premium
Sold
Apr 8, 2021 Listed by Keller Williams Realty Greater Worcester $235,000
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 756
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,936
  • Total Building Area: 756
  • Gross Building Area: 1,768
  • Building Area: 756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 756
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730300

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 12-006-0022A
  • Parcel: WORC M:12 B:006 L:0022A
  • Block: 6
  • Lot: 22A
  • Municipality: WORCESTER
  • Latitude: 42.3037
  • Longitude: -71.798

    Address

  • Full Address: 54 King Philip Rd
  • Address - House Number: 54
  • Address - Street Name: King Philip
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 2334
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $391,100

    Appraisal Valuation

  • Standard Deviation: 0.2006
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 328,442
  • High Value: 394,331
  • Low Value: 262,553

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,700
  • Assessed Land Value: $102,500
  • Assessed Improvements Value: $170,200

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76418
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

49

Average Home Size

2653 ft²

Average Home Age

73.6 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: 5 years ago
Data Source: MLS PIN, MLS# 72811088

Frequently Asked Questions

When was property at 54 King Philip Road built and last sold?
The property at 54 King Philip Road was built in 1961 and last sold on May 25, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 54 King Philip Road is $0.
What are some comparable homes to 54 King Philip Road?
There are currently no comparable homes to 54 King Philip Road.
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