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Worcester 01602 Newton Square
7 Herbert Road
$240,000
● House - Off Market

7 Herbert Road

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,454 Ft²
$431,050
RealtyHop Estimate
72.49%
Since Dec 1, 2005
National-US
Primary Model

About This Property

Nice Ranch on the West Side off Worcester near Worcester State College.  This home needs a new owner to do some cosmetic updating... Generous Size Rooms in this L Shaped Ranch... Formal Living Room w/fireplace. Three good size bedrooms... Dining Room... 1st Flr Family/playroom w/slider that leads to the backyard... One car garage...Lower level is partially finished with a 1/2 bath and bar but needs modnernizing... Call today to view!!!
Unit Size
1,454 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$172
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1956

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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: 5 months ago (MLSPIN #70262271)

Price History

Date / Event Date Event Price
Nov 10, 2005 Sold
Premium
Sold
Sep 17, 2005 Listed by Century 21 I & V Walsh R.E. $249,900
Listed by Century 21 I & V Walsh R.E.
Sep 23, 1996 Sold
Premium
Sold
Jul 23, 1996 Listed by Century 21 I & V Walsh R.E. $129,700
Listed by Century 21 I & V Walsh R.E.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 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: 1,454
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,713
  • Total Building Area: 1,454
  • Gross Building Area: 3,517
  • Building Area: 1,454
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,454
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000246
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730901

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 24-023-00005
  • Parcel: WORC M:24 B:023 L:00005
  • Block: 23
  • Lot: 5
  • Municipality: WORCESTER
  • Latitude: 42.2678
  • Longitude: -71.8324

    Address

  • Full Address: 7 Herbert Rd
  • Address - House Number: 7
  • Address - Street Name: Herbert
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 2616
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $572,300

    Appraisal Valuation

  • Standard Deviation: 0.2527
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 390,941
  • High Value: 489,750
  • Low Value: 292,132

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,100
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $295,900

    Sales

  • Current Sale Recording Date: Nov 10, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00192850
  • Previous Sale Recording Date: Sep 23, 1996
  • Previous Sale Amount: $119,500
  • 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 Newton Square

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

64

Average Home Size

5051 ft²

Average Home Age

111.4 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70262271

Frequently Asked Questions

When was property at 7 Herbert Road built and last sold?
The property at 7 Herbert Road was built in 1956 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 7 Herbert Road is $253,915.
What are some comparable homes to 7 Herbert Road?
There are currently no comparable homes to 7 Herbert Road.
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