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Worcester
77 Wallace Ave
Photo of 77 Wallace Ave
Sold on Sep 30, 2005

1

Map

$225,000
● House - Off Market

77 Wallace Ave

Auburn, MA 01501
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,922 Ft²
$416,950
RealtyHop Estimate
73.80%
Since Oct 1, 2005
National-US
Primary Model

About This Property

2to 3 BEDROOM- 2 FULL BATHS.BRADY STYLE SUN ROOM. FINISHED WALKOUT BASEMENT. NEWER WOOD STOVE. RECENT APPLIANCES. HUGE DECK OVERLOOKING BIG BACK YARD AND VIEWS OF CHRISTMAS TREE FARM. TWO BIG SHEDS. PLENTY OF PARKING. DESIRABLE NEIGHBORHOOD. SELLER IS NEPHEW OF AGENT.
Unit Size
1,922 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$125
Property Type
House
Property Taxes
$160
HOA Dues
-
Year Built
1924

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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 #70189074)

Price History

Date / Event Date Event Price
Sep 8, 2005 Sold
Premium
Sold
May 10, 2005 Listed $239,900
Listed
Oct 9, 1998 Sold
Premium
Sold
Aug 4, 1998 Listed $119,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 2,100
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,310
  • Total Building Area: 2,314
  • Gross Building Area: 5,344
  • Building Area: 2,314
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,314
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000558
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Auburn School District
  • School Tax School District: AUBURN SD
  • Census Tract: 736200

Geography

  • Account Number: 2626
  • District: 17
  • Parcel: AUBU M:0023 L:0025
  • Lot: 25
  • Municipality: AUBURN
  • Latitude: 42.2106
  • Longitude: -71.853

    Address

  • Full Address: 77 Wallace Ave
  • Address - House Number: 77
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Auburn
  • Carrier Code: C006
  • 4-Digit Zip Code: 1135
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $585,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 506,442
  • High Value: 599,499
  • Low Value: 413,386

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $392,100
  • Assessed Land Value: $114,100
  • Assessed Improvements Value: $278,000

    Sales

  • Current Sale Recording Date: Sep 08, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00150460
  • Previous Sale Recording Date: Oct 09, 1998
  • Previous Sale Amount: $115,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2396 ft²

Average Home Age

63.3 years

Currently For Sale

2050 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# 70189074

Frequently Asked Questions

When was property at 77 Wallace Avenue built and last sold?
The property at 77 Wallace Avenue was built in 1924 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 77 Wallace Avenue is $255,838.
What are some comparable homes to 77 Wallace Avenue?
There are currently no comparable homes to 77 Wallace Avenue.
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