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Worcester 01602 Salisbury Street
55 Valley Hill Drive
$349,000
● House - Off Market

55 Valley Hill Drive

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,458 Ft²
$513,189
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Mid century modern tri-level architectural design home located in Worcester's convenient west side.  This home offers abundant storage and space, and a great floor plan, which flows from its split-level entrance foyer through its huge living room. . A 12 x 14 three season room, located  off lower level den, offers views of the beautifully landscaped lot. .An oversized garage has shelf storage, and a 4th  level lower basement  has abundant closets  for additional storage. Large master bedroom, with bath, has Mr. & Mrs. custom designed closets. A sunny kitchen with French door stainless steel refrigerator and granite counter tops.  The house has alarm and irrigation systems.   One owner for its lifetime, this house has been proudly maintained, although aesthetic updates would be welcomed.
Unit Size
2,458 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$142
Property Type
House
Property Taxes
$395
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 months ago (MLSPIN #72501588)

Price History

Date / Event Date Event Price
Aug 16, 2019 Sold
Premium
Sold
May 16, 2019 Listed by Walsh and Associates Real Estate $350,000
Listed by Walsh and Associates Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 41
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,048
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,918
  • Total Building Area: 1,664
  • Gross Building Area: 3,520
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000251
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730801

Zoning

  • Zoning: RS-10

Geography

  • Account Number: 43-010-00036
  • Parcel: WORC M:43 B:010 L:00036
  • Block: 10
  • Lot: 36
  • Municipality: WORCESTER
  • Latitude: 42.2753
  • Longitude: -71.8214

    Address

  • Full Address: 55 Valley Hill Dr
  • Address - House Number: 55
  • Address - Street Name: Valley Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C014
  • 4-Digit Zip Code: 2029
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $513,500

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 491,889
  • High Value: 583,666
  • Low Value: 400,113

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,100
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $254,800

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Aug 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82505
  • Previous Sale Recording Date: Dec 28, 2012
  • Previous Sale Document Type: 27
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 Salisbury Street

Stats & Trends

Median Asking:

$646,700

Sale Price/ft²

$265

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3249 ft²

Average Home Age

85.4 years

Currently For Sale

14 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 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72501588

Frequently Asked Questions

When was property at 55 Valley Hill Drive built and last sold?
The property at 55 Valley Hill Drive was built in 1955 and last sold on Jul 23, 2019 for $349,000.
How much is this home worth?
The estimated value of the home located at 55 Valley Hill Drive is $370,648.
What are some comparable homes to 55 Valley Hill Drive?
There are currently no comparable homes to 55 Valley Hill Drive.
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