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Worcester 01602 Newton Square
7 St Elmo
$269,000
● House - Off Market

7 St Elmo

Worcester, MA 01602
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,193 Ft²
$477,462
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Total gut to the studs, top to bottom renovation. new boiler, roof, paint,tile floors, granite, plumbing, electric,deck, and tile.Traditional details of a 1920's Bungalow transformed into a modern open floor plan with contemporary flare. Monster kitchen packed with dark cabinets and crown molding, recess lights, and an 8' granite island. Living room boasts traditional beamed ceiling, massive fireplace with built ins, for books and flat screen TV. Large Dining room with window seat. First floor laundry and half bath, private office off of kitchen. Master Bedroom has double vanity and walk in closet. 3 additional bedrooms access a bath off of main hallway. unfinished basement with 8.5' ceilings could be easily finished. 12'X14' deck is located off kitchen. Terraced yard has paved play court for the kids.
Unit Size
2,193 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$123
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1918

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71913609)

Price History

Date / Event Date Event Price
Dec 21, 2015 Sold
Premium
Sold
Oct 2, 2015 Listed by RE/MAX Signature Properties $269,000
Listed by RE/MAX Signature Properties
Apr 1, 2011 Sold
Premium
Sold
Dec 30, 2010 Listed by RE/MAX Signature Properties $87,900
Listed by RE/MAX Signature Properties
Jul 31, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 1,169
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,990
  • Total Building Area: 2,193
  • Gross Building Area: 3,591
  • Building Area: 2,193
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,193
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730901

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 24-012-00028
  • Parcel: WORC M:24 B:012 L:00028
  • Block: 12
  • Lot: 28
  • Municipality: WORCESTER
  • Latitude: 42.2729
  • Longitude: -71.8319

    Address

  • Full Address: 7 Saint Elmo Rd
  • Address - House Number: 7
  • Address - Street Name: Saint Elmo
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C012
  • 4-Digit Zip Code: 2601
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $630,700

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 536,805
  • High Value: 636,962
  • Low Value: 436,648

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $439,800
  • Assessed Land Value: $102,500
  • Assessed Improvements Value: $337,300

    Sales

  • Current Sale Recording Date: Dec 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 135291
  • Previous Sale Recording Date: Apr 01, 2011
  • Previous Sale Amount: $85,000
  • 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 Newton Square

Stats & Trends

Median Asking:

$527,450

Sale Price/ft²

$272

Below Asking

0.02%

Average Days on Market

60

Average Home Size

5693 ft²

Average Home Age

114 years

Currently For Sale

9 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# 71913609

Frequently Asked Questions

When was property at 7 St Elmo Road built and last sold?
The property at 7 St Elmo Road was built in 1918 and last sold on Jan 1, 1970 for $269,000.
How much is this home worth?
The estimated value of the home located at 7 St Elmo Road is $274,928.
What are some comparable homes to 7 St Elmo Road?
There are currently no comparable homes to 7 St Elmo Road.
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