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Worcester 01604 Grafton Hill
7 Trahan Ave
$144,000
● House - Off Market

7 Trahan Ave

Worcester, MA 01604
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$249,618
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Calling all First Time buyers and downsizers! Here is the property you have been looking for. This well maintained home offers 2 bedrooms, updated bath, updated kitchen, living room, dining room, and also a family room in the basement with a cedar closet and it is located on a nice side street near Lake Ave Park. The property features replacement windows, storm doors and shed in 2002. The roof, deck, gutters, and family room were done in 2006. There is nothing to do but move in and enjoy. Good commuter location near Lake Ave, Route 9 and 290.
Unit Size
720 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$201
Property Type
House
Property Taxes
$177
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 #71954558)

Price History

Date / Event Date Event Price
Apr 27, 2016 Sold
Premium
Sold
Feb 1, 2016 Listed by DCU Realty - Westboro $144,900
Listed by DCU Realty - Westboro
Nov 30, 2007 Sold
Premium
Sold
Sep 19, 2007 Listed by DCU Realty - Westboro $199,900
Listed by DCU Realty - Westboro

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 6,000
  • Total Building Area: 720
  • Gross Building Area: 1,675
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732302

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 18-038-00024
  • Parcel: WORC M:18 B:038 L:00024
  • Block: 38
  • Lot: 24
  • Municipality: WORCESTER
  • Latitude: 42.2565
  • Longitude: -71.7693

    Address

  • Full Address: 7 Trahan Ave
  • Address - House Number: 7
  • Address - Street Name: Trahan
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C021
  • 4-Digit Zip Code: 2329
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $360,700

    Appraisal Valuation

  • Standard Deviation: 0.2763
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 273,199
  • High Value: 348,684
  • Low Value: 197,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,500
  • Assessed Land Value: $93,800
  • Assessed Improvements Value: $157,700

    Sales

  • Current Sale Recording Date: Apr 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42153
  • Previous Sale Recording Date: Nov 30, 2007
  • Previous Sale Amount: $182,700
  • 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 Grafton Hill

Stats & Trends

Median Asking:

$449,950

Sale Price/ft²

$277

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1833 ft²

Average Home Age

65.1 years

Currently For Sale

24 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# 71954558

Frequently Asked Questions

When was property at 7 Trahan Avenue built and last sold?
The property at 7 Trahan Avenue was built in 1950 and last sold on Jan 1, 1970 for $144,000.
How much is this home worth?
The estimated value of the home located at 7 Trahan Avenue is $152,354.
What are some comparable homes to 7 Trahan Avenue?
There are currently no comparable homes to 7 Trahan Avenue.
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