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Worcester 01607
55 Southhold Rd
$240,000
● House - Off Market

55 Southhold Rd

Worcester, MA 01607
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,568 Ft²
$346,571
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

HUGE PRICE REDUCTION!!!!!!Location, Location, Location!!!! What a unique opportunity to own this 4 bedroom 2 bathroom house on the Worcester/Auburn line. First floor has 1 bedroom, 2 living rooms - hardwood floors - huge cabinet packed eat in kitchen, sun room, full  bath, and LAUNDRY!!!!! 2nd floor boasts 3 bedroom and a full bath. Enjoy the enormous cleared flat yard or subdivide the yard into 2 potentially buildable lots. Motivated Seller!! Property being sold as is. Call today to set up a showing!!! Property will not qualify for FHA or VA.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$159
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1917

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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: 4 months ago (MLSPIN #72639716)

Price History

Date / Event Date Event Price
Jul 15, 2020 Sold
Premium
Sold
Apr 1, 2020 Listed by weRENTcentralmass $249,952
Listed by weRENTcentralmass

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • 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: 924
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,773
  • Total Building Area: 1,568
  • Gross Building Area: 2,900
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000821
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732901

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 29-023-00031
  • Parcel: WORC M:29 B:023 L:00031
  • Block: 23
  • Lot: 31
  • Municipality: WORCESTER
  • Latitude: 42.2195
  • Longitude: -71.8018

    Address

  • Full Address: 55 Southold Rd
  • Address - House Number: 55
  • Address - Street Name: Southold
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1638
  • Zip Code: 01607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $447,800

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 399,467
  • High Value: 480,882
  • Low Value: 318,052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,300
  • Assessed Land Value: $105,400
  • Assessed Improvements Value: $206,900

    Sales

  • Current Sale Contract Date: Jul 08, 2020
  • Current Sale Recording Date: Jul 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75889
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:

$479,900

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2334 ft²

Average Home Age

83.6 years

Currently For Sale

357 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# 72639716

Frequently Asked Questions

When was property at 55 Southold Road built and last sold?
The property at 55 Southold Road was built in 1917 and last sold on Jul 8, 2020 for $240,000.
How much is this home worth?
The estimated value of the home located at 55 Southold Road is $259,275.
What are some comparable homes to 55 Southold Road?
There are currently no comparable homes to 55 Southold Road.
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