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Worcester 01604 Lake Park
8 Rena
$396,000
● House - Off Market

8 Rena

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,320 Ft²
$361,795
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

UMASS Medical Center is at walking distance, This property offers 3 bedrooms, 2.5 bathrooms, including private master.Enjoy this residential neighborhood and your own manageable yard, close to all the Shrewsbury Restaurants & Shopping Centers.This property will not last!  Subject to sellers finding suitable housing
Unit Size
1,320 Ft²
Days on Market
-
Land Size
-
Price per sqft
$272
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72960800)

Price History

Date / Event Date Event Price
May 17, 2022 Sold
Premium
Sold
Apr 1, 2022 Listed by eXp Realty $359,000
Listed by eXp Realty
Aug 12, 2005 Sold
Premium
Sold
Oct 14, 2004 Listed by eXp Realty $244,900
Listed by eXp Realty
Jul 9, 2004 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: 3
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 644
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 1,288
  • Gross Building Area: 2,080
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLOCK DEV
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732201

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 17-011-00022
  • Parcel: WORC M:17 B:011 L:00022
  • Block: 11
  • Lot: 22
  • Municipality: WORCESTER
  • Latitude: 42.273
  • Longitude: -71.7643

    Address

  • Full Address: 8 Rena St
  • Address - House Number: 8
  • Address - Street Name: Rena
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C012
  • 4-Digit Zip Code: 6008
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $413,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 398,796
  • High Value: 474,884
  • Low Value: 322,707

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,100
  • Assessed Land Value: $72,900
  • Assessed Improvements Value: $215,200

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: May 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53670
  • Previous Sale Recording Date: Aug 12, 2005
  • Previous Sale Amount: $245,000
  • 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 Lake Park

Stats & Trends

Median Asking:

$544,450

Sale Price/ft²

$276

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1335 ft²

Average Home Age

43.8 years

Currently For Sale

8 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 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72960800

Frequently Asked Questions

When was property at 8 Rena Street built and last sold?
The property at 8 Rena Street was built in 2005 and last sold on May 16, 2022 for $396,000.
How much is this home worth?
The estimated value of the home located at 8 Rena Street is $371,900.
What are some comparable homes to 8 Rena Street?
There are currently no comparable homes to 8 Rena Street.
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