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Worcester 01602 West Tatnuck
7 Drexel
Photo of 7 Drexel
Sold on Jun 28, 2005

1

Map

$228,000
● House - Off Market

7 Drexel

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,351 Ft²
$397,037
RealtyHop Estimate
78.44%
Since Jul 1, 2005
National-US
Primary Model

About This Property

A very nice Colonial nestled in the Tatnuck neighborhood.  Jen Air stove and Jacuzzi bath tub.  The lot is generous in size and has an interesting second back tier.   Although the house is presently neat and comfortable, cosmetic improvements would maxamize the property's potential.  A little makeover, much personality. This is a cost effective listing in today's market for its area: the west side of Worcester.  Preferred closing June 30.
Unit Size
1,351 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$165
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1935

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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 #70151296)

Price History

Date / Event Date Event Price
Jun 28, 2005 Sold
Premium
Sold
Mar 1, 2005 Listed $222,500
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • 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: 15
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 772
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,380
  • Gross Building Area: 2,202
  • Building Area: 1,380
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 40-023-00133
  • Parcel: WORC M:40 B:023 L:00133
  • Block: 23
  • Lot: 133
  • Municipality: WORCESTER
  • Latitude: 42.2813
  • Longitude: -71.8517

    Address

  • Full Address: 7 Drexel St
  • Address - House Number: 7
  • Address - Street Name: Drexel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1226
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $413,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 377,663
  • High Value: 451,373
  • Low Value: 303,952

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,300
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $185,100

    Sales

  • Current Sale Recording Date: Jun 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00103151
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

46

Average Home Size

2095 ft²

Average Home Age

44 years

Currently For Sale

19 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70151296

Frequently Asked Questions

When was property at 7 Drexel Street built and last sold?
The property at 7 Drexel Street was built in 1935 and last sold on Jan 1, 1970 for $228,000.
How much is this home worth?
The estimated value of the home located at 7 Drexel Street is $232,252.
What are some comparable homes to 7 Drexel Street?
There are currently no comparable homes to 7 Drexel Street.
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