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Worcester 01603 Webster Square
75 Parsons Hill Dr
$332,500
● House - Off Market

75 Parsons Hill Dr

Worcester, MA 01603
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,023 Ft²
$418,922
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

OFFER DEADLINE MONDAY 7/27/20 AT 11:00AM  Welcome Home! You need to see this one for yourself. Desirable Raised Ranch offers 4 Bedroom and 2 Full Bathrooms. Home features fresh paint and lots of updates throughout. Open floor plan is perfect for family gatherings. Kitchen has stunning granite countertops and updated stainless appliances and is open to dining/living room area and is bright and sunny. 3 good size bedrooms with updated wood flooring finish off the first floor. Basement is perfect for an In-law or teen suite, featuring beautiful ceramic tile flooring, kitchen, living room, a good size bedroom and a full bath and walk out access.  Pressure treated deck over looks a private back yard on 1/3 acre.
Unit Size
2,023 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$153
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1985

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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 #72695457)

Price History

Date / Event Date Event Price
Sep 14, 2020 Sold
Premium
Sold
Jul 21, 2020 Listed by RE/MAX Advantage 1 $309,900
Listed by RE/MAX Advantage 1
Jun 7, 2019 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • 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: 960
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,060
  • Total Building Area: 1,028
  • Gross Building Area: 2,023
  • Building Area: 1,028
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,028
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 75 PARSONS HILL DRIVE
  • Land Acres: 0000000369
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731001

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 56-017-00021
  • Parcel: WORC M:56 B:017 L:00021
  • Block: 17
  • Lot: 21
  • Municipality: WORCESTER
  • Latitude: 42.2442
  • Longitude: -71.8557

    Address

  • Full Address: 75 Parsons Hill Dr
  • Address - House Number: 75
  • Address - Street Name: Parsons Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C016
  • 4-Digit Zip Code: 1245
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $521,300

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 471,341
  • High Value: 553,153
  • Low Value: 389,529

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,500
  • Assessed Land Value: $86,000
  • Assessed Improvements Value: $277,500

    Sales

  • Current Sale Contract Date: Aug 26, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 105407
  • Previous Sale Recording Date: Jun 07, 2019
  • Previous Sale Contract Date: Jun 07, 2019
  • Previous Sale Amount: $209,090
  • Previous Sale Document Type: 55
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 Webster Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2368 ft²

Average Home Age

94.8 years

Currently For Sale

26 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72695457

Frequently Asked Questions

When was property at 75 Parsons Hill Drive built and last sold?
The property at 75 Parsons Hill Drive was built in 1985 and last sold on Aug 26, 2020 for $332,500.
How much is this home worth?
The estimated value of the home located at 75 Parsons Hill Drive is $326,010.
What are some comparable homes to 75 Parsons Hill Drive?
There are currently no comparable homes to 75 Parsons Hill Drive.
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