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Worcester 01607 North Quinsigamond Village
5A Reeves Street
$405,000
● House - Off Market

5A Reeves Street

Worcester, MA 01607
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,395 Ft²
$386,519
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

NEW Construction - Single Family-Attached home with Zero Lot Line & NO CONDO FEES. Your Cozy New Home offers 3 Bedrooms, 1.5 Bath home located in the Quinsigamond Village Neighborhood in Worcester. This move-in ready home features open Floor Plan, Gleaming Natural Light, attached Garage and Modern Floors throughout the Living Room, Dining Room, and Kitchen. The Kitchen comes complete with White Cabinets, Black Stainless Steal Appliances, Black Quartz Countertops with Beautiful White Subway Tile Backsplash. Located on the Second Floor you will find 3 Beds & a Full Bath. On ground level you'll find the Laundry Room w/ Utilities & access to the Garage. Convenient location with easy access to 146, 290, 90, and Route 20. Minutes to Holy Cross, Shopping areas, close to  Blackstone.
Unit Size
1,395 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$272
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

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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: 6 months ago (MLSPIN #73069894)

Price History

Date / Event Date Event Price
Apr 12, 2023 Sold
Premium
Sold
Jan 18, 2023 In contract -
In contract
Jan 11, 2023 Listed by Excelsior Realty $379,900
Listed by Excelsior Realty
May 30, 2014 Sold
Premium
Sold
May 31, 2013 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • 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: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,777
  • Total Building Area: 1,280
  • Gross Building Area: 2,038
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000087
  • 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: 10-024-00022
  • Parcel: WORC M:10 B:024 L:00022
  • Block: 24
  • Lot: 22
  • Municipality: WORCESTER
  • Latitude: 42.2316
  • Longitude: -71.7948

    Address

  • Full Address: 5a Reeves St
  • Address - House Number: 5a
  • Address - Street Name: Reeves
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C002
  • 4-Digit Zip Code: 1980
  • Zip Code: 01607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $328,700

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 354,244
  • High Value: 420,840
  • Low Value: 287,649

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,200
  • Assessed Land Value: $70,100
  • Assessed Improvements Value: $159,100

    Sales

  • Current Sale Contract Date: Apr 11, 2023
  • Current Sale Recording Date: Apr 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28012
  • Previous Sale Recording Date: May 30, 2014
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: O
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 Quinsigamond Village

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$254

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1722 ft²

Average Home Age

77.3 years

Currently For Sale

12 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: 6 months ago
Data Source: MLS PIN, MLS# 73069894

Frequently Asked Questions

When was property at 5A Reeves Street built and last sold?
The property at 5A Reeves Street was built in 2022 and last sold on Apr 11, 2023 for $405,000.
How much is this home worth?
The estimated value of the home located at 5A Reeves Street is $385,190.
What are some comparable homes to 5A Reeves Street?
There are currently no comparable homes to 5A Reeves Street.
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