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Worcester 01602 Tatnuck
7 Patch Reservoir Dr
$157,000
● House - Off Market

7 Patch Reservoir Dr

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath
square feet
900 Ft²
$301,403
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

Great solid starter home off major roads and tucked in a family neighborhood.  This home is ready for your family with 3 or 4 bedrooms (2 up, 2 down). Hardwood floors just refinished and new carpet upstairs.  Good sized and bright rooms.  Kids rooms upstairs with storage too.  Partially finished space in the basement AND still room to have a workshop area. Recent roof and windows, and gas furnace with central air too! Wood deck overlooks the fenced in back yard ready for swing set and its even set-up for an above ground pool. With some minor cosmetic changes, you can make it your own!
Unit Size
900 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$183
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1950

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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 #71743170)

Price History

Date / Event Date Event Price
Mar 30, 2015 Sold
Premium
Sold
Sep 14, 2014 Listed by RE/MAX Home Finders $164,900
Listed by RE/MAX Home Finders
May 1, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 720
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 900
  • Gross Building Area: 2,414
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 900
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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: 30-029-00004
  • Parcel: WORC M:30 B:029 L:00004
  • Block: 29
  • Lot: 4
  • Municipality: WORCESTER
  • Latitude: 42.2669
  • Longitude: -71.8504

    Address

  • Full Address: 7 Patch Reservoir Dr
  • Address - House Number: 7
  • Address - Street Name: Patch Reservoir
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 2851
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $374,100

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 330,226
  • High Value: 396,880
  • Low Value: 263,572

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,900
  • Assessed Land Value: $98,000
  • Assessed Improvements Value: $162,900

    Sales

  • Current Sale Recording Date: Mar 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26218
  • Previous Sale Recording Date: May 01, 1998
  • Previous Sale Amount: $77,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71743170

Frequently Asked Questions

When was property at 7 Patch Reservoir Drive built and last sold?
The property at 7 Patch Reservoir Drive was built in 1950 and last sold on Jan 1, 1970 for $157,000.
How much is this home worth?
The estimated value of the home located at 7 Patch Reservoir Drive is $171,692.
What are some comparable homes to 7 Patch Reservoir Drive?
There are currently no comparable homes to 7 Patch Reservoir Drive.
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