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Worcester 01602 Newton Square
700 Pleasant Street
$329,000
● Commercial - Off Market

700 Pleasant Street

Worcester, MA 01602
bedrooms
Studio
bathrooms
0 Bath
square feet
2,832 Ft²
$542,022
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Unique opportunity for business--RL7 zoning, Separate Entrance---Attorney, Doctor, Accountant etc as Business rental orHome office,, single residential Rental, In-Law, Household Help, Au Pair..   Close to other Professions, Main road exposure, easy access for Clients with street parking...(House has 5 Bedrooms, 3.5 baths total,  Also listed as Single Family and Two Family use.  See MLS #72184233 for full description.)
Unit Size
2,832 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$120
Property Type
Commercial
Property Taxes
$455
HOA Dues
-
Year Built
1927

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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 #72190965)

Price History

Date / Event Date Event Price
Aug 29, 2017 Sold
Premium
Sold
Jun 29, 2017 Listed by Hastings Group $339,900
Listed by Hastings Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 31
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,386
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,900
  • Total Building Area: 2,832
  • Gross Building Area: 6,060
  • Building Area: 2,832
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,832
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731102

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 11-029-0010A
  • Parcel: WORC M:11 B:029 L:0010A
  • Block: 29
  • Lot: 10A
  • Municipality: WORCESTER
  • Latitude: 42.2691
  • Longitude: -71.8252

    Address

  • Full Address: 700 Pleasant St
  • Address - House Number: 700
  • Address - Street Name: Pleasant
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C018
  • 4-Digit Zip Code: 2751
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $745,400

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 611,784
  • High Value: 727,993
  • Low Value: 495,574

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $519,800
  • Assessed Land Value: $93,000
  • Assessed Improvements Value: $426,800

    Sales

  • Current Sale Recording Date: Aug 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 94608
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:

$525,000

Sale Price/ft²

$273

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# 72190965

Frequently Asked Questions

When was property at 700 Pleasant Street built and last sold?
The property at 700 Pleasant Street was built in 1927 and last sold on Jan 1, 1970 for $329,000.
How much is this home worth?
The estimated value of the home located at 700 Pleasant Street is $342,994.
What are some comparable homes to 700 Pleasant Street?
There are currently no comparable homes to 700 Pleasant Street.
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