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Worcester
8 Korch Ave
$399,900
● House - Off Market

8 Korch Ave

Dudley, MA 01571
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,040 Ft²
$400,670
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome Home to this 3 Bedroom 2 Bath Ranch with 1 Car Attached Garage!! This Home will have been Completely Remodeled INSIDE & OUT!! Gutted to the studs! Brand New Windows, Vinyl Siding, Architectural Shingled Roof! Kitchen & Original Bath have been Gutted & Redone with Brand New Cabinets, Flooring  & Granite Countertops, Stainless Steel Appliances in Kitchen!! Winter views of Merino Pond!! New Electrical Throughout, Plumbing & Blown in Insulation! Partially Finished Basement & So Much More!
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$385
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1958

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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: 5 months ago (MLSPIN #73105085)

Price History

Date / Event Date Event Price
Jun 2, 2023 Sold
Premium
Sold
May 2, 2023 In contract -
In contract
Apr 30, 2023 Listed by 1 Worcester Homes $399,999
Listed by 1 Worcester Homes

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,946
  • Total Building Area: 1,324
  • Gross Building Area: 2,802
  • Building Area: 1,324
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,324
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000389
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dudley-Charlton Regional School District
  • School Tax School District: DUDLEY-CHARLTON
  • Census Tract: 755100

Geography

  • Parcel: DUDL M:113 L:011
  • Lot: 11
  • Municipality: DUDLEY
  • Latitude: 42.0512
  • Longitude: -71.9056

    Address

  • Full Address: 8 Korch Ave
  • Address - House Number: 8
  • Address - Street Name: Korch
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dudley
  • Carrier Code: C009
  • 4-Digit Zip Code: 3711
  • Zip Code: 01571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $411,400

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 343,807
  • High Value: 401,225
  • Low Value: 286,390

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $392,600
  • Assessed Land Value: $74,400
  • Assessed Improvements Value: $318,200

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43073
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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2377 ft²

Average Home Age

64.6 years

Currently For Sale

2002 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: 5 months ago
Data Source: MLS PIN, MLS# 73105085

Frequently Asked Questions

When was property at 8 Korch Avenue built and last sold?
The property at 8 Korch Avenue was built in 1958 and last sold on Jun 2, 2023 for $399,000.
How much is this home worth?
The estimated value of the home located at 8 Korch Avenue is $399,293.
What are some comparable homes to 8 Korch Avenue?
There are currently no comparable homes to 8 Korch Avenue.
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