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Worcester 01604 Vernon Hill
56 Derby St
$300,000
● House - Off Market

56 Derby St

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,344 Ft²
$348,049
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Welcome to this well maintained 3 bed, 1.5 bth, half duplex with gleaming hardwood floors in the spacious living room, which opens to the ceramic tiled floor, maple cabinets,  stainless steel appliances. granite counter-topped eat-in kitchen. There is a half bath off the kitchen. The second features parquet floors with 3 bedrooms and a full bathroom. The garage access is through the ceramic tiled floor  basement hallway, with a big hallway closet which also  leads to the laundry room. The sliding glass door off the kitchen leads to the deck, fenced-in yard and a shed for additional storage. This lovely home is ready for you!! Easy accessibility to  Mass Pike and Rt. 290. Please follow all CDC guidelines for Covid 19. ALL OFFERS DUE ON TUESDAY 12/22/2020 AT 5:00PM.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$208
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1989

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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 years ago (MLSPIN #72768390)

Price History

Date / Event Date Event Price
Mar 1, 2021 Sold
Premium
Sold
Dec 18, 2020 Listed by Century 21 XSELL REALTY $279,900
Listed by Century 21 XSELL REALTY
Jun 30, 2006 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 31
  • 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: 312
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 1,344
  • Gross Building Area: 2,161
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 35-020-205-2
  • Parcel: WORC M:35 B:020 L:205-2
  • Block: 20
  • Lot: 205-2
  • Municipality: WORCESTER
  • Latitude: 42.2456
  • Longitude: -71.7846

    Address

  • Full Address: 56 Derby St
  • Address - House Number: 56
  • Address - Street Name: Derby
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 5315
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $392,200

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 366,971
  • High Value: 435,773
  • Low Value: 298,169

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,500
  • Assessed Land Value: $72,900
  • Assessed Improvements Value: $200,600

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28523
  • Previous Sale Recording Date: Jun 30, 2006
  • Previous Sale Amount: $231,000
  • 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 Vernon Hill

Stats & Trends

Median Asking:

$679,900

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

58

Average Home Size

2785 ft²

Average Home Age

114 years

Currently For Sale

20 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
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# 72768390

Frequently Asked Questions

When was property at 56 Derby Street built and last sold?
The property at 56 Derby Street was built in 1989 and last sold on Feb 26, 2021 for $300,000.
How much is this home worth?
The estimated value of the home located at 56 Derby Street is $0.
What are some comparable homes to 56 Derby Street?
There are currently no comparable homes to 56 Derby Street.
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