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Worcester 01607 Broadmeadow Brook
55 Park Hill Rd
$299,900
● House - Off Market

55 Park Hill Rd

Worcester, MA 01607
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,980 Ft²
$456,268
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

OPEN HOUSE SUNDAY OCTOBER 28, 2018 12NOON-2PM...Gorgeous renovation complete!! Fabulous Split Level is the last house on a dead end street abutting Audubon property with well marked hiking trails ! Feels like living in the country yet major routes only minutes away! Features new kitchen with granite counters, stainless steel appliances and all new flooring, new bathrooms, cathedral ceilings in great room, new windows, new doors, recent roof and much more! Finished basement has a complete in-law apt., enclosed sunroom, two large decks and a very nice yard, incredible property! Don't delay!!
Unit Size
1,980 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$151
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1973

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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 #72415321)

Price History

Date / Event Date Event Price
Dec 3, 2018 Sold
Premium
Sold
Oct 24, 2018 Listed by RE/MAX Advantage 1 $299,900
Listed by RE/MAX Advantage 1
May 3, 2018 Sold
Premium
Sold
Apr 14, 2018 Listed by RE/MAX Advantage 1 $135,000
Listed by RE/MAX Advantage 1

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • 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: 924
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,305
  • Total Building Area: 1,208
  • Gross Building Area: 2,708
  • Building Area: 1,208
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,208
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000374
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732802

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 45-01A-0008C
  • Parcel: WORC M:45 B:01A L:0008C
  • Block: 1A
  • Lot: 8C
  • Municipality: WORCESTER
  • Latitude: 42.2236
  • Longitude: -71.7785

    Address

  • Full Address: 55 Park Hill Rd
  • Address - House Number: 55
  • Address - Street Name: Park Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 1244
  • Zip Code: 01607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $575,100

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 477,227
  • High Value: 560,174
  • Low Value: 394,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $401,037
  • Assessed Land Value: $103,537
  • Assessed Improvements Value: $297,500

    Sales

  • Current Sale Contract Date: Nov 19, 2018
  • Current Sale Recording Date: Dec 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127636
  • Previous Sale Recording Date: May 03, 2018
  • Previous Sale Amount: $151,151
  • 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 Broadmeadow Brook

Stats & Trends

Median Asking:

$447,400

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1515 ft²

Average Home Age

50.1 years

Currently For Sale

17 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: 4 months ago
Data Source: MLS PIN, MLS# 72415321

Frequently Asked Questions

When was property at 55 Park Hill Road built and last sold?
The property at 55 Park Hill Road was built in 1973 and last sold on Nov 19, 2018 for $299,900.
How much is this home worth?
The estimated value of the home located at 55 Park Hill Road is $313,949.
What are some comparable homes to 55 Park Hill Road?
There are currently no comparable homes to 55 Park Hill Road.
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