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Worcester 01602 Webster Square
59 First Street
$256,000
● House - Off Market

59 First Street

Worcester, MA 01602
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,080 Ft²
$270,303
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Offer Deadline Set - Thursday, December 2 by 9:00 am Original owner 2BR/2.5Bth Attached Colonial conveniently located near schools, shops and services for your convenience and NO Condo Fees!  Living Room flows into appliance Eat-in-Kitchen with sliders to rear deck for out door access.  The upper level has 2 spacious bedrooms and Full Bath.  Bonus finished space in the lower level includes a 3/4 Bath too!  Updates include flooring in the Living Room, Kitchen and 2 Baths.  Natural Gas heat offers efficient heating and cooling!  Welcome Home.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$231
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1985

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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 #72923499)

Price History

Date / Event Date Event Price
Jan 20, 2022 Sold
Premium
Sold
Nov 29, 2021 Listed by Gibbs Realty Inc. $249,900
Listed by Gibbs Realty Inc.
Oct 30, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 540
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,031
  • Total Building Area: 1,080
  • Gross Building Area: 1,792
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000093
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731002

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 42-037-0002B
  • Parcel: WORC M:42 B:037 L:0002B
  • Block: 37
  • Lot: 2B
  • Municipality: WORCESTER
  • Latitude: 42.2531
  • Longitude: -71.8528

    Address

  • Full Address: 59 1st St
  • Address - House Number: 59
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C033
  • 4-Digit Zip Code: 3105
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $336,400

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 313,536
  • High Value: 376,863
  • Low Value: 250,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,600
  • Assessed Land Value: $60,800
  • Assessed Improvements Value: $173,800

    Sales

  • Current Sale Contract Date: Jan 20, 2022
  • Current Sale Recording Date: Jan 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7787
  • Previous Sale Recording Date: Oct 30, 1987
  • Previous Sale Amount: $109,800
  • 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 Webster Square

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2368 ft²

Average Home Age

94.8 years

Currently For Sale

26 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# 72923499

Frequently Asked Questions

When was property at 59 1st Street built and last sold?
The property at 59 1st Street was built in 1985 and last sold on Jan 20, 2022 for $256,000.
How much is this home worth?
The estimated value of the home located at 59 1st Street is $255,197.
What are some comparable homes to 59 1st Street?
There are currently no comparable homes to 59 1st Street.
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