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Worcester 01602 West Tatnuck
7 Bainbridge Rd
$92,500
● House - Off Market

7 Bainbridge Rd

Worcester, MA 01602
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$190,440
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

Cozy ranch on a large lot with expansion possibilities. Significant repairs and updates needed to make this home shine again but you can't beat the location on a quiet dead end street. Close to Tatnuck Sq. on the back side of the Airport. Lots of hardwood floors. Appears to have a newer roof. This property is eligible for HomePath Renovation Mortgage Financing thru participating lenders, see the HomePath website. All offers must be submitted on the Fannie Mae Home Path website (See Firm Remarks) below.
Unit Size
720 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$139
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
1951

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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: 4 months ago (MLSPIN #71621242)

Price History

Date / Event Date Event Price
Jul 31, 2014 Sold
Premium
Sold
Mar 21, 2014 Sold
Premium
Sold
Jan 9, 2014 Listed by Keller Williams Realty $99,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 720
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,600
  • Total Building Area: 720
  • Gross Building Area: 1,684
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730700

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 47-014-00015
  • Parcel: WORC M:47 B:014 L:00015
  • Block: 14
  • Lot: 15
  • Municipality: WORCESTER
  • Latitude: 42.2793
  • Longitude: -71.8753

    Address

  • Full Address: 7 Bainridge Rd
  • Address - House Number: 7
  • Address - Street Name: Bainridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C020
  • 4-Digit Zip Code: 2211
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $485,600

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 383,555
  • High Value: 460,973
  • Low Value: 306,137

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,600
  • Assessed Land Value: $103,100
  • Assessed Improvements Value: $235,500

    Sales

  • Current Sale Recording Date: Jul 31, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69411
  • Previous Sale Recording Date: Mar 21, 2014
  • Previous Sale Amount: $92,500
  • 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 West Tatnuck

Stats & Trends

Median Asking:

$475,900

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2046 ft²

Average Home Age

45.5 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71621242

Frequently Asked Questions

When was property at 7 Bainbridge Road built and last sold?
The property at 7 Bainbridge Road was built in 1951 and last sold on Jan 1, 1970 for $187,900.
How much is this home worth?
The estimated value of the home located at 7 Bainbridge Road is $106,234.
What are some comparable homes to 7 Bainbridge Road?
There are currently no comparable homes to 7 Bainbridge Road.
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