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Worcester 01604 Shrewsbury Street
7 Ventura Rd
$290,000
● House - Off Market

7 Ventura Rd

Worcester, MA 01604
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,018 Ft²
$268,216
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

DEADLINE MONDAY 5PM (7/17).  Looking to purchase a manageable home or an investment property? Look no further! This property is situated in a highly desirable location within walking distance to Shrewsbury Street and all of the restaurants, shopping and conveniences this location has to offer! This 2 bedroom, 2 bathroom home has recently been updated with NEW SIDING and a NEW ROOF! The kitchen has been updated with oak cabinets, tile flooring, and stainless-steel appliances. The main bathroom has been updated as well. The partially finished basement offers additional living area, storage, and a bathroom complete with standup shower.  There is a detached TWO CAR GARAGE for parking and extra storage. All of this and also just a stone's throw away from Shrewsbury and major routes 290, 20 and 9.
Unit Size
1,018 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$265
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1910

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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 #73136246)

Price History

Date / Event Date Event Price
Sep 8, 2023 Sold
Premium
Sold
Jul 21, 2023 In contract -
In contract
Jul 13, 2023 Listed by Emerson REALTORS® $269,900
Listed by Emerson REALTORS®
Jun 1, 2018 Sold
Premium
Sold
Mar 7, 2018 Listed by Emerson REALTORS® $150,000
Listed by Emerson REALTORS®
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • 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: 718
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,558
  • Total Building Area: 718
  • Gross Building Area: 1,544
  • Building Area: 718
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 718
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000105
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731801

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 16-021-043-2
  • Parcel: WORC M:16 B:021 L:043-2
  • Block: 21
  • Lot: 43-2
  • Municipality: WORCESTER
  • Latitude: 42.2724
  • Longitude: -71.7762

    Address

  • Full Address: 7 Ventura Rd
  • Address - House Number: 7
  • Address - Street Name: Ventura
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C011
  • 4-Digit Zip Code: 1634
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $240,100

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 245,053
  • High Value: 292,376
  • Low Value: 197,731

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,400
  • Assessed Land Value: $66,200
  • Assessed Improvements Value: $101,200

    Sales

  • Current Sale Contract Date: Sep 08, 2023
  • Current Sale Recording Date: Sep 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75032
  • Previous Sale Recording Date: Jun 01, 2018
  • Previous Sale Amount: $158,500
  • Previous Sale Document Type: O
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 Shrewsbury Street

Stats & Trends

Median Asking:

$499,450

Sale Price/ft²

$289

Below Asking

0.02%

Average Days on Market

67

Average Home Size

2117 ft²

Average Home Age

88.9 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

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# 73136246

Frequently Asked Questions

When was property at 7 Ventura Road built and last sold?
The property at 7 Ventura Road was built in 1910 and last sold on Sep 8, 2023 for $290,000.
How much is this home worth?
The estimated value of the home located at 7 Ventura Road is $268,820.
What are some comparable homes to 7 Ventura Road?
There are currently no comparable homes to 7 Ventura Road.
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