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Worcester 01604 Hamilton
55 Locust Avenue
$89,900
● House - Off Market

55 Locust Avenue

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,388 Ft²
$326,676
RealtyHop Estimate
263.78%
Since Jun 1, 1997
National-US
Primary Model

About This Property

FANTASTIC RANCH, CUSTOM BUILT WITH BEAUTIFUL BACKYARD--VINYL SIDING & NEW WINDOWS--TILE BATH--BIRCH KITCHEN CABINETS-- FINISHED BASEMENT WALKS OUT TO LOVELY YARD--VEGETABLE GARDEN
Unit Size
1,388 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$65
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
1955

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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 years ago (MLSPIN #30140793)

Price History

Date / Event Date Event Price
Mar 22, 2001 Sold
Premium
Sold
Aug 30, 2000 Sold
Premium
Sold
May 30, 1997 Sold
Premium
Sold
Dec 31, 1996 Listed by Carlson Dallamora GMAC $89,800
Listed by Carlson Dallamora GMAC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 988
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,692
  • Total Building Area: 988
  • Gross Building Area: 2,016
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732201

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 17-003-00015
  • Parcel: WORC M:17 B:003 L:00015
  • Block: 3
  • Lot: 15
  • Municipality: WORCESTER
  • Latitude: 42.2691
  • Longitude: -71.7618

    Address

  • Full Address: 55 Locust Ave
  • Address - House Number: 55
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C012
  • 4-Digit Zip Code: 1128
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,400

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 382,864
  • High Value: 460,548
  • Low Value: 305,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,600
  • Assessed Land Value: $102,400
  • Assessed Improvements Value: $208,200

    Sales

  • Current Sale Recording Date: Mar 22, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 30, 2000
  • Previous Sale Amount: $86,000
  • Previous Sale Document Type: 34
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 Hamilton

Stats & Trends

Median Asking:

$495,000

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1984 ft²

Average Home Age

60.3 years

Currently For Sale

7 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

Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30140793

Frequently Asked Questions

When was property at 55 Locust Avenue built and last sold?
The property at 55 Locust Avenue was built in 1955 and last sold on Jan 1, 1970 for $132,000.
How much is this home worth?
The estimated value of the home located at 55 Locust Avenue is $0.
What are some comparable homes to 55 Locust Avenue?
There are currently no comparable homes to 55 Locust Avenue.
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