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Worcester 01606 Indian Hill
7 Westinghouse Parkway
$163,000
● House - Off Market

7 Westinghouse Parkway

Worcester, MA 01606
bedrooms
2 Beds
bathrooms
1 Bath
square feet
750 Ft²
$350,670
RealtyHop Estimate
106.40%
Since Jun 1, 2004
National-US
Primary Model

About This Property

Easy highway access to highway and shopping - great starter home built by Norton Co, fabulous corner lot, charming, quiet neighborhood. Please don't let cats out.  Subject to satisfactory relocation of Sellers.
Unit Size
750 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$227
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1918

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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: 5 months ago (MLSPIN #70004581)

Price History

Date / Event Date Event Price
May 27, 2004 Sold
Premium
Sold
Mar 10, 2004 Listed by Century 21 Realty Team $169,900
Listed by Century 21 Realty Team
Jul 1, 1994 Sold
Premium
Sold
Oct 17, 1993 Listed by Century 21 Realty Team $64,900
Listed by Century 21 Realty Team

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 450
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 788
  • Gross Building Area: 1,653
  • Building Area: 788
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 788
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730100

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 37-008-00021
  • Parcel: WORC M:37 B:008 L:00021
  • Block: 8
  • Lot: 21
  • Municipality: WORCESTER
  • Latitude: 42.3136
  • Longitude: -71.812

    Address

  • Full Address: 7 Westinghouse Pkwy
  • Address - House Number: 7
  • Address - Street Name: Westinghouse
  • Address - Suffix Type: Pkwy
  • State: MA
  • City Name: Worcester
  • Carrier Code: C005
  • 4-Digit Zip Code: 2620
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $340,300

    Appraisal Valuation

  • Standard Deviation: 0.2006
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 315,971
  • High Value: 379,359
  • Low Value: 252,584

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,300
  • Assessed Land Value: $85,100
  • Assessed Improvements Value: $152,200

    Sales

  • Current Sale Recording Date: May 27, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 94014
  • Previous Sale Recording Date: Jul 01, 1994
  • Previous Sale Amount: $61,425
  • 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 Indian Hill

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$298

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2017 ft²

Average Home Age

79.8 years

Currently For Sale

10 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70004581

Frequently Asked Questions

When was property at 7 Westinghouse Parkway built and last sold?
The property at 7 Westinghouse Parkway was built in 1918 and last sold on Jan 1, 1970 for $163,000.
How much is this home worth?
The estimated value of the home located at 7 Westinghouse Parkway is $167,948.
What are some comparable homes to 7 Westinghouse Parkway?
There are currently no comparable homes to 7 Westinghouse Parkway.
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