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Worcester 01602 Newton Square
78 Morningside
$374,000
● House - Off Market

78 Morningside

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,320 Ft²
$371,873
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

This very well maintained sun-splashed Colonial in desirable west-side location is awaiting its new owner.  Minutes to Worcester State University, this home is very cozy and tranquil. The front foyer has a generous closet; the living room is open and light-filled, with a fireplace and French door to a charming 250 sq. ft. covered porch, rebuilt in 2018 with mahogany flooring and durable fiberglass pillars . . . beautiful space to enjoy, with wonderful views and bbq with family.  The dining room leads to a spacious renovated kitchen with hardwood floors and pickled pine cabinets. There is a great walk-in pantry off the kitchen.  Wide-open stairway leads up to the second floor with 3 bedrooms and a fully renovated bathroom.  Oil was converted to gas in 2017.  New roof replaced in 2021.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$280
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1922

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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 #72946600)

Price History

Date / Event Date Event Price
May 9, 2022 Sold
Premium
Sold
Feb 27, 2022 Listed by Cedar Wood Realty Group $369,000
Listed by Cedar Wood Realty Group
Aug 22, 2017 Sold
Premium
Sold
Apr 22, 2011 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 660
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,388
  • Total Building Area: 1,320
  • Gross Building Area: 2,344
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730901

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 24-020-00023
  • Parcel: WORC M:24 B:020 L:00023
  • Block: 20
  • Lot: 23
  • Municipality: WORCESTER
  • Latitude: 42.2697
  • Longitude: -71.8331

    Address

  • Full Address: 78 Morningside Rd
  • Address - House Number: 78
  • Address - Street Name: Morningside
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 2518
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $422,200

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 382,849
  • High Value: 455,345
  • Low Value: 310,353

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,400
  • Assessed Land Value: $88,500
  • Assessed Improvements Value: $205,900

    Sales

  • Current Sale Contract Date: May 09, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50601
  • Previous Sale Recording Date: Aug 22, 2017
  • Previous Sale Amount: $202,000
  • Previous Sale Document Type: O
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:

$527,450

Sale Price/ft²

$272

Below Asking

0.02%

Average Days on Market

62

Average Home Size

4993 ft²

Average Home Age

110.7 years

Currently For Sale

11 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# 72946600

Frequently Asked Questions

When was property at 78 Morningside Terrace built and last sold?
The property at 78 Morningside Terrace was built in 1922 and last sold on May 9, 2022 for $374,000.
How much is this home worth?
The estimated value of the home located at 78 Morningside Terrace is $373,280.
What are some comparable homes to 78 Morningside Terrace?
There are currently no comparable homes to 78 Morningside Terrace.
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