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Worcester
55 Chestnut Ave
$245,000
● House - Off Market

55 Chestnut Ave

Auburn, MA 01501
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,235 Ft²
$366,417
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

First time this home is being offered for sale. This 4 Bdrm, 1 Bath Adorable Cape has been  well maintained and sits on a Beautiful lot.  All big ticket items are done. Roof is about 10 yrs old. Vinyl replacement windows almost through-out. Nice size yard with new cement patio and vinyl fence in the back. Inside you'll find a good size living room with new wall to wall carpet. Kitchen that may need some updating but is in great condition. Formal Dining Rm also has wall to wall carpet.  Tons of closets and storage space throughout. This is one you don't want to miss. Great Solid House in a Great Neighborhood.  Showings start first Open House 7/14 from 11:30-1:30
Unit Size
1,235 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$202
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1952

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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: 5 months ago (MLSPIN #72529338)

Price History

Date / Event Date Event Price
Aug 20, 2019 Sold
Premium
Sold
Jul 10, 2019 Listed by Emerson REALTORS® $249,900
Listed by Emerson REALTORS®

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,235
  • Gross Building Area: 2,812
  • Building Area: 1,235
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,235
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Auburn School District
  • School Tax School District: AUBURN SD
  • Census Tract: 736200

Geography

  • Account Number: 238
  • District: 17
  • Parcel: AUBU M:0004 L:0082
  • Lot: 82
  • Municipality: AUBURN
  • Latitude: 42.2257
  • Longitude: -71.84

    Address

  • Full Address: 55 Chestnut Ave
  • Address - House Number: 55
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Auburn
  • Carrier Code: C007
  • 4-Digit Zip Code: 1720
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $464,000

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 367,271
  • High Value: 444,127
  • Low Value: 290,414

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $310,800
  • Assessed Land Value: $104,500
  • Assessed Improvements Value: $206,300

    Sales

  • Current Sale Contract Date: Aug 07, 2019
  • Current Sale Recording Date: Aug 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83711
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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2401 ft²

Average Home Age

63.9 years

Currently For Sale

2061 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 months ago
Data Source: MLS PIN, MLS# 72529338

Frequently Asked Questions

When was property at 55 Chestnut Avenue built and last sold?
The property at 55 Chestnut Avenue was built in 1952 and last sold on Aug 7, 2019 for $245,000.
How much is this home worth?
The estimated value of the home located at 55 Chestnut Avenue is $255,683.
What are some comparable homes to 55 Chestnut Avenue?
There are currently no comparable homes to 55 Chestnut Avenue.
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