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Worcester 01607 North Quinsigamond Village
7 Cornhill St
$195,000
● House - Off Market

7 Cornhill St

Worcester, MA 01607
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$304,874
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Solid One owner ranch in established neighborhood in close proximity to The College of the Holy Cross.  3 bedrooms 1 bath with 1 car garage under.  Bonus room off the kitchen allows for extra living space.  Hardwood floors, updated kitchen and fully fenced back yard with beautiful gardens.   Recent windows, roof and young furnace.  Excellent location for commuters with easy access to Rte 20, Rte 146 and Mass Pike.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$198
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1959

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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 #72160881)

Price History

Date / Event Date Event Price
Jun 28, 2017 Sold
Premium
Sold
May 9, 2017 Listed by Paramount Realty Group $189,900
Listed by Paramount Realty Group

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 624
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,002
  • Total Building Area: 960
  • Gross Building Area: 2,245
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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: 10-021-00020
  • Parcel: WORC M:10 B:021 L:00020
  • Block: 21
  • Lot: 20
  • Municipality: WORCESTER
  • Latitude: 42.2297
  • Longitude: -71.7996

    Address

  • Full Address: 7 Cornhill St
  • Address - House Number: 7
  • Address - Street Name: Cornhill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C002
  • 4-Digit Zip Code: 1509
  • Zip Code: 01607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $447,300

    Appraisal Valuation

  • Standard Deviation: 0.2304
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 53
  • Final Value: 372,541
  • High Value: 458,381
  • Low Value: 286,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,900
  • Assessed Land Value: $102,900
  • Assessed Improvements Value: $209,000

    Sales

  • Current Sale Recording Date: Jun 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 67702
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:

$394,000

Sale Price/ft²

$251

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1369 ft²

Average Home Age

50.5 years

Currently For Sale

11 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: 5 months ago
Data Source: MLS PIN, MLS# 72160881

Frequently Asked Questions

When was property at 7 Cornhill Street built and last sold?
The property at 7 Cornhill Street was built in 1959 and last sold on Jan 1, 1970 for $195,000.
How much is this home worth?
The estimated value of the home located at 7 Cornhill Street is $195,458.
What are some comparable homes to 7 Cornhill Street?
There are currently no comparable homes to 7 Cornhill Street.
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