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Worcester 01604 Lake Park
75 Alvarado Avenue
$555,000
● House - Off Market

75 Alvarado Avenue

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
12,074 Ft²
$1,214,473
RealtyHop Estimate
106.19%
Since Aug 1, 2009
National-US
Primary Model

About This Property

Handicap Accessible Church 20-25Pkg Spaces w/public off street pkg. Many updates: 6yrold remote control Organ plays cd's/tapes, Carillon/Fire Alarm/Bose Sound System. Tile Flr&Carpets/Rugs 5yrsold,Small Cry Rm, 392 Seating Capacity, Roof- 20yrs. 2ndlevel walkout Hall includes tables&chairs, Fully Appliance Kitch 400Amps. 4ClassRms&Office, Bathrms. 3rd Level has w/out Subcellar w/3 oil tanks, 3yrold burner. 3 bdrm Rectory included, 2.5 baths, Liv/Din/Office/Eat-in Kit, 2CarGar.
Unit Size
12,074 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$49
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980

Payment Calculator

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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 years ago (MLSPIN #70824018)

Price History

Date / Event Date Event Price
Jul 30, 2009 Sold
Premium
Sold
Sep 18, 2008 Listed by Weichert REALTORS®, Hope & Associates $589,000
Listed by Weichert REALTORS®, Hope & Associates

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,076
  • Total Building Area: 6,699
  • Gross Building Area: 6,699
  • Building Area: 6,699
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000530
  • Standard Land Use Code: 9101
  • County Land Use Code: 960

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732201

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 17-020-20-22
  • Parcel: WORC M:17 B:020 L:20-22
  • Block: 20
  • Lot: 20-22
  • Municipality: WORCESTER
  • Latitude: 42.268
  • Longitude: -71.7604

    Address

  • Full Address: 75 Alvarado Ave
  • Address - House Number: 75
  • Address - Street Name: Alvarado
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C012
  • 4-Digit Zip Code: 1151
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $0

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,259,700
  • Assessed Land Value: $223,000
  • Assessed Improvements Value: $1,036,700

    Sales

  • Current Sale Recording Date: Jul 30, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 96242
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 Lake Park

Stats & Trends

Median Asking:

$482,450

Sale Price/ft²

$278

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1252 ft²

Average Home Age

76.3 years

Currently For Sale

8 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 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: 5 years ago
Data Source: MLS PIN, MLS# 70824018

Frequently Asked Questions

When was property at 75 Alvarado Avenue built and last sold?
The property at 75 Alvarado Avenue was built in 1980 and last sold on Jan 1, 1970 for $555,000.
How much is this home worth?
The estimated value of the home located at 75 Alvarado Avenue is $0.
What are some comparable homes to 75 Alvarado Avenue?
There are currently no comparable homes to 75 Alvarado Avenue.
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