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Worcester 01606 Greendale
7 Greendale Ave
$368,000
● House - Off Market

7 Greendale Ave

Worcester, MA 01606
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,516 Ft²
$2,089
Est. Monthly

About This Property

This spacious 4 bed, 2 bath home is brimming with potential! The versatile layout allows for multiple uses. While it needs some TLC, it features a large back porch with built-in benches, perfect for relaxing evenings. Its location is a dream for commuters, thanks to its proximity to highways. Notably, the house is extremely well insulated, with the seller never needing to set the heat above 55 degrees throughout winter. Additionally, the property offers a new electrical panel and some updated wiring, enhancing its value and appeal. Don't miss out on the chance to make this house your own!
Unit Size
1,516 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$231
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1895

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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 #73266907)

Price History

Date / Event Date Event Price
Oct 4, 2024 Sold
Premium
Sold
Aug 28, 2024 In contract -
In contract
Aug 23, 2024 Price Decreased $350,000
↓ $10K (2.8%)
Price Decreased
Aug 19, 2024 Relisted $360,000
Relisted
Aug 12, 2024 In contract -
In contract
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 874
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 1,516
  • Gross Building Area: 3,054
  • Building Area: 1,516
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,516
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730300

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 12-012-00024
  • Parcel: WORC M:12 B:012 L:00024
  • Block: 12
  • Lot: 24
  • Municipality: WORCESTER
  • Latitude: 42.3086
  • Longitude: -71.7979

    Address

  • Full Address: 7 Greendale Ave
  • Address - House Number: 7
  • Address - Street Name: Greendale
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C023
  • 4-Digit Zip Code: 3217
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,200

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 308,663
  • High Value: 335,198
  • Low Value: 282,128

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $296,500
  • Assessed Land Value: $98,900
  • Assessed Improvements Value: $197,600

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Aug 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 95704
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 Greendale

Stats & Trends

Median Asking:

$469,000

Sale Price/ft²

$293

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2653 ft²

Average Home Age

73.6 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73266907

Frequently Asked Questions

When was property at 7 Greendale Avenue built and last sold?
The property at 7 Greendale Avenue was built in 1895 and last sold on Aug 30, 2022 for $299,900.
How much is this home worth?
The estimated value of the home located at 7 Greendale Avenue is $352,956.
What are some comparable homes to 7 Greendale Avenue?
There are currently no comparable homes to 7 Greendale Avenue.
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