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Worcester 01603 Webster Square
7 Gates Road
$149,900
● House - Off Market

7 Gates Road

Worcester, MA 01603
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,144 Ft²
$419,330
RealtyHop Estimate
181.43%
Since Mar 1, 2001
National-US
Primary Model

About This Property

NEW HOME TO BE BUILT! SITE WORK IS STARTING NOW FOR HOME DELIVERY IN JANUARY WITH FINISH IN LATE FEBRUARY. HURRY ! THIS HOME WON'T LAST.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$130
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

Payment Calculator

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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 years ago (MLSPIN #30463518)

Price History

Date / Event Date Event Price
Jul 11, 2003 Sold
Premium
Sold
Jul 19, 2002 Sold
Premium
Sold
May 20, 2002 Listed by RE/MAX Advantage 1 $128,000
Listed by RE/MAX Advantage 1
May 24, 2001 Sold
Premium
Sold
Feb 8, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • 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: 800
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,085
  • Total Building Area: 1,138
  • Gross Building Area: 2,375
  • Building Area: 1,138
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,138
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731002

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 42-038-0005A
  • Parcel: WORC M:42 B:038 L:0005A
  • Block: 38
  • Lot: 5A
  • Municipality: WORCESTER
  • Latitude: 42.2469
  • Longitude: -71.8459

    Address

  • Full Address: 7 Gates Rd
  • Address - House Number: 7
  • Address - Street Name: Gates
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C018
  • 4-Digit Zip Code: 1837
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $506,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 443,594
  • High Value: 520,590
  • Low Value: 366,598

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,100
  • Assessed Land Value: $85,800
  • Assessed Improvements Value: $267,300

    Sales

  • Current Sale Recording Date: Jul 11, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00184193
  • Previous Sale Recording Date: May 24, 2001
  • Previous Sale Amount: $149,000
  • 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 Webster Square

Stats & Trends

Median Asking:

$424,500

Sale Price/ft²

$281

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2600 ft²

Average Home Age

96.5 years

Currently For Sale

33 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: 4 years ago
Data Source: MLS PIN, MLS# 30463518

Frequently Asked Questions

When was property at 7 Gates Road built and last sold?
The property at 7 Gates Road was built in 2001 and last sold on Jan 1, 1970 for $222,000.
How much is this home worth?
The estimated value of the home located at 7 Gates Road is $137,672.
What are some comparable homes to 7 Gates Road?
There are currently no comparable homes to 7 Gates Road.
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