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Worcester 01603 Webster Square
78A Parsons Hill Drive
$74,000
● House - Off Market

78A Parsons Hill Drive

Worcester, MA 01603
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,260 Ft²
$300,515
RealtyHop Estimate
276.11%
Since May 1, 1996
National-US
Primary Model

About This Property

DECORATED EXQUISITELY W/ALL CUSTOM BLINDS/DRAPES. MINT! CNTL VAC. SKYLIGHTED MASTER. FINISHED FAMILY RM IN LL W/SEP LAUND ROOM/SINK. LRG WOOD WORKING SHOP. LRG LEVEL FENCED LOT BRIMMING WITH FRUIT TREES, BERRIES, PERENIALS IS INCREDIBLE!
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$63
Property Type
House
Property Taxes
$106
HOA Dues
-
Year Built
1983

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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 years ago (MLSPIN #30060531)

Price History

Date / Event Date Event Price
Apr 5, 1996 Sold
Premium
Sold
Jul 30, 1995 Listed $79,900
Listed
Jul 3, 1990 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 31
  • 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: 7,071
  • Total Building Area: 1,155
  • Gross Building Area: 2,140
  • Building Area: 1,155
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,155
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000162
  • 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: 56-017-0003C
  • Parcel: WORC M:56 B:017 L:0003C
  • Block: 17
  • Lot: 3C
  • Municipality: WORCESTER
  • Latitude: 42.2438
  • Longitude: -71.8555

    Address

  • Full Address: 78 Parsons Hill Dr
  • Address - House Number: 78
  • Address - Street Name: Parsons Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C016
  • 4-Digit Zip Code: 1243
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $384,500

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 350,958
  • High Value: 423,792
  • Low Value: 278,123

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,100
  • Assessed Land Value: $84,800
  • Assessed Improvements Value: $183,300

    Sales

  • Current Sale Recording Date: Apr 05, 1996
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 03, 1990
  • Previous Sale Amount: $93,000
  • 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 Webster Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$270

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2411 ft²

Average Home Age

90.3 years

Currently For Sale

27 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 years ago
Data Source: MLS PIN, MLS# 30060531

Frequently Asked Questions

When was property at 78 Parsons Hill Drive built and last sold?
The property at 78 Parsons Hill Drive was built in 1983 and last sold on Jan 1, 1970 for $74,000.
How much is this home worth?
The estimated value of the home located at 78 Parsons Hill Drive is $0.
What are some comparable homes to 78 Parsons Hill Drive?
There are currently no comparable homes to 78 Parsons Hill Drive.
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