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Worcester 01605 North Lincoln Street
8 Viele Ave
$234,000
● House - Off Market

8 Viele Ave

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,344 Ft²
$347,172
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Multiple Offer Situation:    All offers submitted will be reviewed by the Sellers on Tuesday at 5:30.   Worcester -  Burncoat St Area- 3 Bedroom Full Dormered Cape.  Recent Bathroom renovations, recently painted interior, Young Heating System (2007) and Hot Water Tank (2013) and Roof (2013).   Offering a private backyard with Large Deck and a patio!  Partially finished Lower Level Family room with a separate heat zone.  So many updates in the last few years during current owner's ownership.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$171
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1953

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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 #72357281)

Price History

Date / Event Date Event Price
Aug 9, 2018 Sold
Premium
Sold
Jul 6, 2018 Listed by Walsh and Associates Real Estate $229,500
Listed by Walsh and Associates Real Estate
Aug 9, 2002 Sold
Premium
Sold
Jun 4, 2002 Listed by Walsh and Associates Real Estate $199,900
Listed by Walsh and Associates Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 768
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,344
  • Gross Building Area: 2,538
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730401

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 39-008-00602
  • Parcel: WORC M:39 B:008 L:00602
  • Block: 8
  • Lot: 602
  • Municipality: WORCESTER
  • Latitude: 42.2982
  • Longitude: -71.7807

    Address

  • Full Address: 8 Viele Ave
  • Address - House Number: 8
  • Address - Street Name: Viele
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 1431
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $444,400

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 415,955
  • High Value: 485,422
  • Low Value: 346,488

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,900
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $207,700

    Sales

  • Current Sale Recording Date: Aug 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83092
  • Previous Sale Recording Date: Aug 09, 2002
  • Previous Sale Amount: $187,000
  • 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 North Lincoln Street

Stats & Trends

Median Asking:

$464,450

Sale Price/ft²

$283

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1986 ft²

Average Home Age

76.5 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: 5 months ago
Data Source: MLS PIN, MLS# 72357281

Frequently Asked Questions

When was property at 8 Viele Avenue built and last sold?
The property at 8 Viele Avenue was built in 1953 and last sold on Jan 1, 1970 for $234,000.
How much is this home worth?
The estimated value of the home located at 8 Viele Avenue is $238,049.
What are some comparable homes to 8 Viele Avenue?
There are currently no comparable homes to 8 Viele Avenue.
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