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Worcester 01604 Broadmeadow Brook
7 Sprague Lane
$165,000
● House - Off Market

7 Sprague Lane

Worcester, MA 01604
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,320 Ft²
$370,192
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

NICE OPEN LAY-OUT, GREAT FOR ENTERTAINING, OVERSIZED LIVING ROOM OPEN TO KITCHEN/DININGF ROOM WITH GEORGEOUS HARDWOOD FLOORS, RECENT CHEERY KITCHEN, NEW S.S. APPLIANCES TILED BATH AND NEW WINDOWS. MAINTENANCE FREE VINYL SIDING WITH SHAKES IN THE FRONT, NEW ROOF, FULL BASEMENT FOR FUTURE EXPANSION AND PULL DOW STAIRS ALLOW ACCESS FOR STORAGE OR FURURE EXPENSION(FULL FLOOR). BONUS LARGE THREE-SEASON PORCH GREAT FOR TAKING OFF THE BOOTS/COATS AND SUMMER ENJOYMENT (LAST HOUSE ON STREET VERY PRIVATE
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$125
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1980

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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 #71324043)

Price History

Date / Event Date Event Price
Mar 2, 2012 Sold
Premium
Sold
Jan 5, 2012 Listed by RE/MAX Advantage 1 $165,000
Listed by RE/MAX Advantage 1
Oct 6, 2011 Sold
Premium
Sold
Jul 30, 2011 Listed by RE/MAX Advantage 1 $69,900
Listed by RE/MAX Advantage 1

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 1,168
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,559
  • Total Building Area: 1,286
  • Gross Building Area: 2,751
  • Building Area: 1,286
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,286
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MJ MANN CO INC
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732802

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 45-030-A1+A2
  • Parcel: WORC M:45 B:030 L:A1+A2
  • Block: 30
  • Lot: A1+A2
  • Municipality: WORCESTER
  • Latitude: 42.2295
  • Longitude: -71.7639

    Address

  • Full Address: 7 Sprague Ln
  • Address - House Number: 7
  • Address - Street Name: Sprague
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Worcester
  • Carrier Code: C005
  • 4-Digit Zip Code: 3523
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $361,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 359,426
  • High Value: 429,524
  • Low Value: 289,327

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,100
  • Assessed Land Value: $102,400
  • Assessed Improvements Value: $149,700

    Sales

  • Current Sale Recording Date: Mar 02, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Oct 06, 2011
  • Previous Sale Amount: $73,000
  • 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 Broadmeadow Brook

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$273

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1544 ft²

Average Home Age

53.4 years

Currently For Sale

17 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71324043

Frequently Asked Questions

When was property at 7 Sprague Lane built and last sold?
The property at 7 Sprague Lane was built in 1980 and last sold on Jan 1, 1970 for $165,000.
How much is this home worth?
The estimated value of the home located at 7 Sprague Lane is $174,377.
What are some comparable homes to 7 Sprague Lane?
There are currently no comparable homes to 7 Sprague Lane.
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