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Worcester 01605 North Lincoln Street
56 Chino Ave
$188,000
● House - Off Market

56 Chino Ave

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,248 Ft²
$454,474
RealtyHop Estimate
133.18%
Since Jun 1, 2003
National-US
Primary Model

About This Property

YOUNG WELL MAINTAINED RANCH STYLE HOME. LAUNDRY ROOM ON MAIN LEVEL, MASTER BATH, FINSIHED BASEMENT WITH SECOND BATH. OIL HEAT HWBD, 200 AMP CB, VINYL SIDING, OFFSTREET PARKING, LARGE FENCED YARD, DECK. OWNER OCCUPIED. GREAT VALUE.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$156
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1988

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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: 5 months ago (MLSPIN #30680788)

Price History

Date / Event Date Event Price
May 28, 2003 Sold
Premium
Sold
Jan 14, 2003 Listed by Century 21 Tangney Associates $194,900
Listed by Century 21 Tangney Associates
Jul 30, 1993 Sold
Premium
Sold
Sep 8, 1992 Listed by Century 21 Tangney Associates $95,900
Listed by Century 21 Tangney Associates

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,248
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,248
  • Gross Building Area: 2,496
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732002

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 46-031-00268
  • Parcel: WORC M:46 B:031 L:00268
  • Block: 31
  • Lot: 268
  • Municipality: WORCESTER
  • Latitude: 42.3028
  • Longitude: -71.7691

    Address

  • Full Address: 56 Chino Ave
  • Address - House Number: 56
  • Address - Street Name: Chino
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C021
  • 4-Digit Zip Code: 1651
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $459,500

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 401,084
  • High Value: 479,346
  • Low Value: 322,821

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,400
  • Assessed Land Value: $61,900
  • Assessed Improvements Value: $258,500

    Sales

  • Current Sale Recording Date: May 28, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 30, 1993
  • Previous Sale Amount: $93,000
  • 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 North Lincoln Street

Stats & Trends

Median Asking:

$464,450

Sale Price/ft²

$283

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1986 ft²

Average Home Age

76.5 years

Currently For Sale

8 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: 5 months ago
Data Source: MLS PIN, MLS# 30680788

Frequently Asked Questions

When was property at 56 Chino Avenue built and last sold?
The property at 56 Chino Avenue was built in 1988 and last sold on Jan 1, 1970 for $188,000.
How much is this home worth?
The estimated value of the home located at 56 Chino Avenue is $199,447.
What are some comparable homes to 56 Chino Avenue?
There are currently no comparable homes to 56 Chino Avenue.
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