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Worcester 01609 Salisbury Street
8 Burgess Road
$328,000
● House - Off Market

8 Burgess Road

Worcester, MA 01609
bedrooms
6 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
3,500 Ft²
$1,046,885
RealtyHop Estimate
217.33%
Since Aug 1, 1999
National-US
Primary Model

About This Property

YESTERDAY'S CHARM-TODAY'S AMENITIES! GOURMET CHERRY KIT,LG DR W/BUILT-INS, FPLC LR, DETAILED WDWK, FPLC FAM RM,SUNRM W/BKCASES,FPLC MBR-BATH,2 BR & BATH 3RD FL,4 RM & BATH IN LL. ALL MECHANICALS HAVE BEEN UPDATED & EXT.PAINT
Unit Size
3,500 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$94
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1920

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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 years ago (MLSPIN #30328974)

Price History

Date / Event Date Event Price
Jul 16, 1999 Sold
Premium
Sold
Jun 11, 1999 Listed by J.Gold Real Estate $329,900
Listed by J.Gold Real Estate
Feb 9, 1987 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,687
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,299
  • Total Building Area: 3,150
  • Gross Building Area: 5,968
  • Building Area: 3,150
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 3,150
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PREPARED ERIC M & ELAINE V OLS
  • Land Acres: 0000000191
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730801

Zoning

  • Zoning: RS-10

Geography

  • Account Number: 20-011-00028
  • Parcel: WORC M:20 B:011 L:00028
  • Block: 11
  • Lot: 28
  • Municipality: WORCESTER
  • Latitude: 42.2805
  • Longitude: -71.8158

    Address

  • Full Address: 8 Burgess Rd
  • Address - House Number: 8
  • Address - Street Name: Burgess
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 1614
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $776,900

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 750,580
  • High Value: 879,308
  • Low Value: 621,852

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $541,800
  • Assessed Land Value: $105,700
  • Assessed Improvements Value: $436,100

    Sales

  • Current Sale Recording Date: Jul 16, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 09, 1987
  • Previous Sale Amount: $315,000
  • 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 Salisbury Street

Stats & Trends

Median Asking:

$646,700

Sale Price/ft²

$265

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3199 ft²

Average Home Age

85.9 years

Currently For Sale

13 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

Unit for rent at 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30328974

Frequently Asked Questions

When was property at 8 Burgess Road built and last sold?
The property at 8 Burgess Road was built in 1920 and last sold on Jan 1, 1970 for $328,000.
How much is this home worth?
The estimated value of the home located at 8 Burgess Road is $333,178.
What are some comparable homes to 8 Burgess Road?
There are currently no comparable homes to 8 Burgess Road.
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