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Worcester
69 Wallace Avenue
Photo of 69 Wallace Avenue
Sold on Dec 12, 2005

1

Map

$288,900
● House - Off Market

69 Wallace Avenue

Auburn, MA 01501
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,192 Ft²
$515,235
RealtyHop Estimate
71.80%
Since Jan 1, 2006
National-US
Primary Model

About This Property

Owners pride shows...Everything is done, new windows,siding,updated electric, ceramic tile kitchen & baths, central heat, hardwoods, 2 car garage, large storage shed, large gazebo with 6 person hot tub. All this and more on 1.28 with lots of room to expand..Close to 290 & MA Pike.
Unit Size
1,192 Ft²
Days on Market
-
Land Size
1.28 acres
Price per sqft
$252
Property Type
House
Property Taxes
$175
HOA Dues
-
Year Built
1900

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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 #70214684)

Price History

Date / Event Date Event Price
Dec 10, 2021 Sold
Premium
Sold
Oct 14, 2021 Listed $349,000
Listed
Dec 12, 2005 Sold
Premium
Sold
Jun 23, 2005 Listed $299,900
Listed
Aug 27, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,125
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 55,776
  • Total Building Area: 1,138
  • Gross Building Area: 2,130
  • Building Area: 1,138
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,138
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001280
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Auburn School District
  • School Tax School District: AUBURN SD
  • Census Tract: 736200

Geography

  • Account Number: 2625
  • District: 17
  • Parcel: AUBU M:0023 L:0024
  • Lot: 24
  • Municipality: AUBURN
  • Latitude: 42.2112
  • Longitude: -71.8528

    Address

  • Full Address: 69 Wallace Ave
  • Address - House Number: 69
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Auburn
  • Carrier Code: C006
  • 4-Digit Zip Code: 1135
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $475,400

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 398,570
  • High Value: 475,450
  • Low Value: 321,691

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $318,400
  • Assessed Land Value: $125,500
  • Assessed Improvements Value: $192,900

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 173461
  • Previous Sale Recording Date: Dec 12, 2005
  • Previous Sale Amount: $288,900
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2401 ft²

Average Home Age

63.3 years

Currently For Sale

2000 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70214684

Frequently Asked Questions

When was property at 69 Wallace Avenue built and last sold?
The property at 69 Wallace Avenue was built in 1900 and last sold on Dec 10, 2021 for $355,500.
How much is this home worth?
The estimated value of the home located at 69 Wallace Avenue is $354,254.
What are some comparable homes to 69 Wallace Avenue?
There are currently no comparable homes to 69 Wallace Avenue.
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