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Worcester
8 Prospect Parkway
$220,000
● House - Off Market

8 Prospect Parkway

Auburn, MA 01501
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,595 Ft²
$408,237
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

8 Prospect Parkway in Auburn offers so much of what you are looking for.   Quietly situated in a small cul-de-sac with community area this is a commuters dream!  The upgraded kitchen with granite counters and cherry cabinets opens to sliders to the deck overlooking the fenced in yard.  A versatile floor plan on the main levels offers two full bedrooms that could easily be a dining room, study, home office or nursery.  The open and airy living room features hardwoods and fireplace.  Upper level features a spacious master bedroom with double closets, plenty of storage, upgraded bath and the fourth bedroom.  The finished lower level offers great additional space as a family room with wet bar.  There is still room for a workshop and storage though!  Great space – great price – great location!
Unit Size
1,595 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$144
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1950

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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 #71824430)

Price History

Date / Event Date Event Price
Aug 30, 2021 Sold
Premium
Sold
Jun 24, 2021 Listed by RE/MAX Prof Associates $349,900
Listed by RE/MAX Prof Associates
Dec 29, 2015 Sold
Premium
Sold
Apr 26, 2015 Listed by RE/MAX Prof Associates $229,999
Listed by RE/MAX Prof Associates
May 30, 2013 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,650
  • Total Building Area: 1,483
  • Gross Building Area: 3,002
  • Building Area: 1,483
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,483
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000199
  • 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: 736200

Geography

  • Account Number: 2125
  • District: 17
  • Parcel: AUBU M:0017 L:0106
  • Lot: 106
  • Municipality: AUBURN
  • Latitude: 42.2134
  • Longitude: -71.8433

    Address

  • Full Address: 8 Prospect Pkwy
  • Address - House Number: 8
  • Address - Street Name: Prospect
  • Address - Suffix Type: Pkwy
  • State: MA
  • City Name: Auburn
  • Carrier Code: C008
  • 4-Digit Zip Code: 1633
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $546,100

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 438,422
  • High Value: 516,640
  • Low Value: 360,203

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $365,800
  • Assessed Land Value: $117,000
  • Assessed Improvements Value: $248,800

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 121525
  • Previous Sale Recording Date: Dec 29, 2015
  • Previous Sale Amount: $220,000
  • 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

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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 months ago
Data Source: MLS PIN, MLS# 71824430

Frequently Asked Questions

When was property at 8 Prospect Parkway built and last sold?
The property at 8 Prospect Parkway was built in 1950 and last sold on Aug 30, 2021 for $370,000.
How much is this home worth?
The estimated value of the home located at 8 Prospect Parkway is $352,608.
What are some comparable homes to 8 Prospect Parkway?
There are currently no comparable homes to 8 Prospect Parkway.
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