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Worcester
LOT 8 Chestnut Place
$174,119
● House - Off Market

LOT 8 Chestnut Place

Auburn, MA 01501
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,608 Ft²
$529,220
RealtyHop Estimate
213.33%
Since Nov 1, 1999
National-US
Primary Model

About This Property

TOP QUALITY CONSTRUCTION BY NU-TEC!  ALL HOMES TO HAVE VINYL SIDING, DOUBLE PANE VINYL WINDOWS, ARCHITECTURAL SHINGLES. MINIMUM HOUSE SIZE OF 1,500 SF.  DOUBLE CUL-DE-SAC NEAR THE WORCESTER LINE.  MINUTES TO HOPE AVE/290 EXIT.  CALL TODAY!
Unit Size
1,608 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$105
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954

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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 #30301799)

Price History

Date / Event Date Event Price
Jun 8, 2023 Sold
Premium
Sold
Jul 21, 2020 Sold
Premium
Sold
Oct 15, 1999 Sold
Premium
Sold
Mar 17, 1999 Listed $168,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,150
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,791
  • Total Building Area: 1,082
  • Gross Building Area: 2,327
  • Building Area: 1,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,082
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000523
  • 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: 736300

Geography

  • Account Number: 1284
  • District: 17
  • Parcel: AUBU M:0010 L:0056
  • Lot: 56
  • Municipality: AUBURN
  • Latitude: 42.2208
  • Longitude: -71.8406

    Address

  • Full Address: 8 Commonwealth Ave
  • Address - House Number: 8
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Auburn
  • Carrier Code: C007
  • 4-Digit Zip Code: 1754
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $433,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.211
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 352,789
  • High Value: 427,244
  • Low Value: 278,333

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $290,000
  • Assessed Land Value: $113,600
  • Assessed Improvements Value: $176,400

    Sales

  • Current Sale Contract Date: Jun 08, 2023
  • Current Sale Recording Date: Jun 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44705
  • Previous Sale Recording Date: Jul 21, 2020
  • Previous Sale Contract Date: Jul 10, 2020
  • Previous Sale Amount: $250,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2392 ft²

Average Home Age

63.7 years

Currently For Sale

2073 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30301799

Frequently Asked Questions

When was property at 8 Chestnut Avenue built and last sold?
The property at 8 Chestnut Avenue was built in 1954 and last sold on Jun 8, 2023 for $310,000.
How much is this home worth?
The estimated value of the home located at 8 Chestnut Avenue is $0.
What are some comparable homes to 8 Chestnut Avenue?
There are currently no comparable homes to 8 Chestnut Avenue.
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