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Worcester
7 Nelco Ave
$345,000
● House - Off Market

7 Nelco Ave

Dudley, MA 01571
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,560 Ft²
$377,334
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

A home with location, level yard, and 2 full baths. Seller has update heating system  and hot water to gas. The flexible floor plan can offer a dining room or office  on the main level. A finished family room on the lower level has a walkout to the yard. You can walk to stores, town beach, golf course and nearby college.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$220
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1984

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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: 5 years ago (MLSPIN #72917442)

Price History

Date / Event Date Event Price
Dec 31, 2021 Sold
Premium
Sold
Nov 7, 2021 Listed by Coldwell Banker Realty - Northborough $342,500
Listed by Coldwell Banker Realty - Northborough

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,134
  • Total Building Area: 1,092
  • Gross Building Area: 2,256
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000623
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dudley-Charlton Regional School District
  • School Tax School District: DUDLEY-CHARLTON
  • Census Tract: 755201

Geography

  • Parcel: DUDL M:122 L:084
  • Lot: 84
  • Municipality: DUDLEY
  • Latitude: 42.04
  • Longitude: -71.9143

    Address

  • Full Address: 7 Nelco Ave
  • Address - House Number: 7
  • Address - Street Name: Nelco
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dudley
  • Carrier Code: R008
  • 4-Digit Zip Code: 5946
  • Zip Code: 01571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $333,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 394,714
  • High Value: 465,090
  • Low Value: 324,337

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $317,900
  • Assessed Land Value: $70,800
  • Assessed Improvements Value: $247,100

    Sales

  • Current Sale Contract Date: Dec 30, 2021
  • Current Sale Recording Date: Dec 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 183910
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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72917442

Frequently Asked Questions

When was property at 7 Nelco Avenue built and last sold?
The property at 7 Nelco Avenue was built in 1984 and last sold on Dec 30, 2021 for $345,000.
How much is this home worth?
The estimated value of the home located at 7 Nelco Avenue is $0.
What are some comparable homes to 7 Nelco Avenue?
There are currently no comparable homes to 7 Nelco Avenue.
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