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Worcester 01603 Webster Square
54 Sylvan St
$365,000
● House - Off Market

54 Sylvan St

Worcester, MA 01603
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,269 Ft²
$314,141
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome home! Are you ready to make memories in a home? Look no further! This charming cape style home is waiting for you! This home has 2 good sized bedrooms and 1 and half baths. Get ready to sit and relax in the sun porch or enjoy your backyard on the deck. Brand new driveway put in 2022. New furnace in 2022 and new amp electrical in 2022. Newer roof and solar panels to help with electrical costs. Don't miss this great house in the 01603 zip code. No showings until after open house on Sunday June 4th from 1pm-3pm.
Unit Size
1,269 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$248
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1938

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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 #73114710)

Price History

Date / Event Date Event Price
Jul 24, 2023 Sold
Premium
Sold
Jun 5, 2023 In contract -
In contract
May 26, 2023 In contract -
In contract
May 22, 2023 Listed by Emerson REALTORS® $315,000
Listed by Emerson REALTORS®
Jul 20, 2021 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 725
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,895
  • Total Building Area: 1,269
  • Gross Building Area: 2,535
  • Building Area: 1,269
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,269
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731002

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 42-002-00357
  • Parcel: WORC M:42 B:002 L:00357
  • Block: 2
  • Lot: 357
  • Municipality: WORCESTER
  • Latitude: 42.2441
  • Longitude: -71.8484

    Address

  • Full Address: 54 Sylvan St
  • Address - House Number: 54
  • Address - Street Name: Sylvan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C018
  • 4-Digit Zip Code: 1505
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $398,900

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 367,169
  • High Value: 438,342
  • Low Value: 295,997

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,200
  • Assessed Land Value: $77,100
  • Assessed Improvements Value: $201,100

    Sales

  • Current Sale Contract Date: Jul 24, 2023
  • Current Sale Recording Date: Jul 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 59471
  • Previous Sale Recording Date: Jul 20, 2021
  • Previous Sale Contract Date: Jul 20, 2021
  • Previous Sale Amount: $285,000
  • 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 Webster Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2413 ft²

Average Home Age

92 years

Currently For Sale

24 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73114710

Frequently Asked Questions

When was property at 54 Sylvan Street built and last sold?
The property at 54 Sylvan Street was built in 1938 and last sold on Jul 24, 2023 for $365,000.
How much is this home worth?
The estimated value of the home located at 54 Sylvan Street is $312,719.
What are some comparable homes to 54 Sylvan Street?
There are currently no comparable homes to 54 Sylvan Street.
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