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Worcester 01604 Vernon Hill
7 Pattison
$50,000
● House - Off Market

7 Pattison

Worcester, MA 01604
bedrooms
7 Beds
bathrooms
2 Baths
square feet
3,048 Ft²
$123,786
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

Shopping for a Contractors Special?  This diamond in the rough needs a very strong professional touch, take it down to the studs and create your own masterpiece.  Large 3 Fl. Colonial has plenty of space.  Replacement windows, vinyl siding, hardwoods and high original ceilings give you the framework for your canvas.  Two off street parking spaces with mother-in-law entrance.  Will this be your palace or a roomy two family?
Unit Size
3,048 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$19
Property Type
House
Property Taxes
$512
HOA Dues
-
Year Built
1849

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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 #71360025)

Price History

Date / Event Date Event Price
Dec 8, 2023 Sold
Premium
Sold
Dec 10, 2012 Sold
Premium
Sold
Mar 30, 2012 Listed by Law office of E.A. O'Brien III $57,500
Listed by Law office of E.A. O'Brien III
Dec 24, 2003 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1849
  • Effective Year Built: 1849
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 7
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • 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: 1,822
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,821
  • Total Building Area: 3,048
  • Gross Building Area: 6,767
  • Building Area: 3,048
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,048
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000134
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732400

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 4-039-00034
  • Parcel: WORC M:04 B:039 L:00034
  • Block: 39
  • Lot: 34
  • Municipality: WORCESTER
  • Latitude: 42.2525
  • Longitude: -71.7952

    Address

  • Full Address: 7 Pattison St
  • Address - House Number: 7
  • Address - Street Name: Pattison
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C031
  • 4-Digit Zip Code: 4322
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $607,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 65
  • Final Value: 522,634
  • High Value: 613,179
  • Low Value: 432,088

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $423,800
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $368,400

    Sales

  • Current Sale Contract Date: Dec 08, 2023
  • Current Sale Recording Date: Dec 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 103244
  • Previous Sale Recording Date: Dec 10, 2012
  • Previous Sale Amount: $50,000
  • 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 Vernon Hill

Stats & Trends

Median Asking:

$679,450

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3034 ft²

Average Home Age

114.9 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

Unit for rent at 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera
Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71360025

Frequently Asked Questions

When was property at 7 Pattison Street built and last sold?
The property at 7 Pattison Street was built in 1849 and last sold on Dec 8, 2023 for $310,000.
How much is this home worth?
The estimated value of the home located at 7 Pattison Street is $57,561.
What are some comparable homes to 7 Pattison Street?
There are currently no comparable homes to 7 Pattison Street.
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