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Worcester 01602 Tatnuck
7 Marwood Road
$264,000
● House - Off Market

7 Marwood Road

Worcester, MA 01602
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,258 Ft²
$646,654
RealtyHop Estimate
115.62%
Since Mar 1, 2004
National-US
Primary Model

About This Property

OFFERS ENCOURAGED TO SETTLE ESTATE! HANDSOME BRICK & STUCCO TUDOR WITH GLORIOUS SLATE ROOF. 4 BDRM,2 BATHS,2 CAR GARAGE, 3 SEASON PORCH.
Unit Size
2,258 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$133
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1938

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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 #30783121)

Price History

Date / Event Date Event Price
Dec 24, 2020 Sold
Premium
Sold
Oct 28, 2020 Listed by J.Gold Real Estate $399,900
Listed by J.Gold Real Estate
Feb 12, 2004 Sold
Premium
Sold
Oct 23, 2003 Listed by J.Gold Real Estate $299,900
Listed by J.Gold Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 13
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 863
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,691
  • Total Building Area: 2,670
  • Gross Building Area: 5,286
  • Building Area: 2,670
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,670
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARWOOD HEIGHTS
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730902

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 30-021-00003
  • Parcel: WORC M:30 B:021 L:00003
  • Block: 21
  • Lot: 3
  • Municipality: WORCESTER
  • Latitude: 42.2783
  • Longitude: -71.8465

    Address

  • Full Address: 7 Marwood Rd
  • Address - House Number: 7
  • Address - Street Name: Marwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1716
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $698,400

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 584,390
  • High Value: 681,986
  • Low Value: 486,793

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $487,000
  • Assessed Land Value: $102,800
  • Assessed Improvements Value: $384,200

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Dec 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 161449
  • Previous Sale Recording Date: Feb 12, 2004
  • 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 Tatnuck

Stats & Trends

Median Asking:

$448,450

Sale Price/ft²

$298

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1625 ft²

Average Home Age

85.1 years

Currently For Sale

7 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# 30783121

Frequently Asked Questions

When was property at 7 Marwood Road built and last sold?
The property at 7 Marwood Road was built in 1938 and last sold on Dec 18, 2020 for $392,000.
How much is this home worth?
The estimated value of the home located at 7 Marwood Road is $413,805.
What are some comparable homes to 7 Marwood Road?
There are currently no comparable homes to 7 Marwood Road.
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