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Worcester 01610 University Park
7 Florence St
Photo of 7 Florence St
Sold on May 23, 2005

1

Map

$175,000
● House - Off Market

7 Florence St

Worcester, MA 01610
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$306,841
RealtyHop Estimate
80.60%
Since Jun 1, 2005
National-US
Primary Model

About This Property

RENTING IS NOT AN OPTION WHEN YOU CAN OWN THIS OVERSIZE 1/2 DUPLEX AT A SPECTACULAR PRICE. 17 X 15 MASTER WITH WALK IN CLOSET.OAK KITCHEN CABINETS,PANEL PINE DOORS,CEILING FANS, SOME NEW WINDOWS PLUS PLENTY OF STORAGE SPACES. RELAX AND ENJOY SPRING ON 8X8 DECK AND A FENCED YARD. CAN BE SOLD TOGETHER WITH #5 FOR 340K OR SOLD SEPARATELY. CLARK UNIVERSITY AREA. BRING ALL OFFER.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$142
Property Type
House
Property Taxes
$111
HOA Dues
-
Year Built
1985

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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 #70160815)

Price History

Date / Event Date Event Price
May 23, 2005 Sold
Premium
Sold
Mar 21, 2005 Listed $169,900
Listed
Jan 2, 2003 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 31
  • 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: 588
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,520
  • Total Building Area: 1,197
  • Gross Building Area: 1,849
  • Building Area: 1,197
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,197
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000081
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731203

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 6-039-044-2
  • Parcel: WORC M:06 B:039 L:044-2
  • Block: 39
  • Lot: 44-2
  • Municipality: WORCESTER
  • Latitude: 42.256
  • Longitude: -71.8212

    Address

  • Full Address: 7 Florence St
  • Address - House Number: 7
  • Address - Street Name: Florence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C008
  • 4-Digit Zip Code: 1313
  • Zip Code: 01610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $223,600

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 261,004
  • High Value: 315,170
  • Low Value: 206,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,900
  • Assessed Land Value: $55,600
  • Assessed Improvements Value: $100,300

    Sales

  • Current Sale Recording Date: May 23, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00079914
  • Previous Sale Recording Date: Jan 02, 2003
  • Previous Sale Amount: $264,000
  • 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 University Park

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$214

Below Asking

0.03%

Average Days on Market

69

Average Home Size

5506 ft²

Average Home Age

117.1 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 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: 4 months ago
Data Source: MLS PIN, MLS# 70160815

Frequently Asked Questions

When was property at 7 Florence Street built and last sold?
The property at 7 Florence Street was built in 1985 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 7 Florence Street is $172,153.
What are some comparable homes to 7 Florence Street?
There are currently no comparable homes to 7 Florence Street.
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