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Worcester 01604 Grafton Hill
8 Bay Edge Dr
$271,800
● House - Off Market

8 Bay Edge Dr

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,968 Ft²
$602,973
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Worcester Living at it's best !!  Updated Ranch, Open Floor Plan, Water Views of Lake ,Cathedral living room w Fireplace, Master Suite w Spectacular Water Views, sliders to private deck, fenced yard, walk-ins, Master Bath w Jacuzzi tub, sep shower !  Office easily conv back to third bedroom. Great Room in fin. low. lev, w frpl, wet bar, cedar closet ,Updated ,siding, electrical and heating. Quiet Street, Great location, quiet neighborhood ! Motivated Seller !Quick Close Possible !
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$157
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1952

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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 #71523963)

Price History

Date / Event Date Event Price
Aug 2, 2013 Sold
Premium
Sold
May 11, 2013 Listed by RE/MAX Acclaim $309,900
Listed by RE/MAX Acclaim
Feb 18, 2000 Sold
Premium
Sold
Jan 13, 2000 Listed by RE/MAX Acclaim $175,000
Listed by RE/MAX Acclaim

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 1,568
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,164
  • Total Building Area: 1,968
  • Gross Building Area: 3,848
  • Building Area: 1,968
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,968
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RG SHAKOUR
  • Land Acres: 0000000233
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732301

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 41-013-00032
  • Parcel: WORC M:41 B:013 L:00032
  • Block: 13
  • Lot: 32
  • Municipality: WORCESTER
  • Latitude: 42.2435
  • Longitude: -71.7465

    Address

  • Full Address: 8 Bay Edge Dr
  • Address - House Number: 8
  • Address - Street Name: Bay Edge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1349
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $572,000

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 532,786
  • High Value: 629,651
  • Low Value: 435,921

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,900
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $295,700

    Sales

  • Current Sale Recording Date: Aug 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000009
  • Previous Sale Recording Date: Feb 18, 2000
  • Previous Sale Amount: $175,000
  • 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 Grafton Hill

Stats & Trends

Median Asking:

$449,950

Sale Price/ft²

$277

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1747 ft²

Average Home Age

69.3 years

Currently For Sale

22 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: 4 months ago
Data Source: MLS PIN, MLS# 71523963

Frequently Asked Questions

When was property at 8 Bay Edge Drive built and last sold?
The property at 8 Bay Edge Drive was built in 1952 and last sold on Jan 1, 1970 for $271,800.
How much is this home worth?
The estimated value of the home located at 8 Bay Edge Drive is $323,445.
What are some comparable homes to 8 Bay Edge Drive?
There are currently no comparable homes to 8 Bay Edge Drive.
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