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Worcester 01604 Lake Park
61 Sherbrook Ave
$320,000
● House - Off Market

61 Sherbrook Ave

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,196 Ft²
$460,593
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Young ranch with open floor plan, cathedral living area with hardwood floors and central air. Granite kitchen with island, stainless steel appliances, dining area and sliders to deck. Master with en suite and additional two bedrooms w/ 2nd bath. Electric hybrid hot water heater. Semi-finished lower level with full walkout to yard and babbling brook as well as one car garage. Incredibly convenient location close to UMASS and Lake Quinisgamond on dead end street.
Unit Size
1,196 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$263
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
2014

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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 #72595190)

Price History

Date / Event Date Event Price
Dec 30, 2019 Sold
Premium
Sold
Nov 21, 2019 Listed by RE/MAX Destiny $314,900
Listed by RE/MAX Destiny
May 29, 2015 Sold
Premium
Sold
Apr 9, 2015 Listed by RE/MAX Destiny $259,900
Listed by RE/MAX Destiny
Apr 16, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 874
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,615
  • Total Building Area: 1,196
  • Gross Building Area: 2,572
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000221
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732201

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 17-31A-00126
  • Parcel: WORC M:17 B:31A L:00126
  • Block: 31A
  • Lot: 126
  • Municipality: WORCESTER
  • Latitude: 42.265
  • Longitude: -71.7569

    Address

  • Full Address: 61 Sherbrook Ave
  • Address - House Number: 61
  • Address - Street Name: Sherbrook
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C008
  • 4-Digit Zip Code: 1150
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $631,000

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 496,419
  • High Value: 589,490
  • Low Value: 403,348

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,000
  • Assessed Land Value: $103,100
  • Assessed Improvements Value: $336,900

    Sales

  • Current Sale Contract Date: Dec 13, 2019
  • Current Sale Recording Date: Dec 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 143668
  • Previous Sale Recording Date: May 29, 2015
  • Previous Sale Amount: $267,600
  • 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 Lake Park

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$280

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1335 ft²

Average Home Age

43.8 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: 4 months ago
Data Source: MLS PIN, MLS# 72595190

Frequently Asked Questions

When was property at 61 Sherbrook Avenue built and last sold?
The property at 61 Sherbrook Avenue was built in 2014 and last sold on Dec 13, 2019 for $320,000.
How much is this home worth?
The estimated value of the home located at 61 Sherbrook Avenue is $325,858.
What are some comparable homes to 61 Sherbrook Avenue?
There are currently no comparable homes to 61 Sherbrook Avenue.
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