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Worcester 01602 Webster Square
8 Ware St
Photo of 8 Ware St
Sold on Apr 23, 2025

18

Map

Photo of 8 Ware St
Photo of 8 Ware St
$370,000
● House - Off Market

8 Ware St

Worcester, MA 01602
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,344 Ft²
$2,057
Est. Monthly
6.04%
Cap Rate

About This Property

Welcome to 8 Ware St.! This charming Cape-style home features an updated kitchen with modern appliances, a first-floor primary bedroom with double closets, full bath and a versatile dining room that can serve as an additional bedroom or office. The spacious living room boasts built-in shelving, while the second floor offers a generously sized double bedroom. The unfinished basement provides ample storage space. Recent updates include refinished floors (2018), a new hot water heater, a young furnace, dishwasher and refrigerator (2022), and a clothes dryer (2023). The delightful backyard, complete with a storage shed, is perfect for entertaining or cultivating your favorite flowers. Don't wait this one won't last long!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$260
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1943

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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 #73354139)

Price History

Date / Event Date Event Price
Apr 23, 2025 Sold
Premium
Sold
Apr 7, 2025 In contract -
In contract
Apr 2, 2025 Listed $349,000
Listed
Feb 19, 2019 Sold
Premium
Sold
Jan 13, 2015 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 896
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,344
  • Gross Building Area: 2,773
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEFINITIVE PLAN MAPLEVALE
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731002

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 51-001-00006
  • Parcel: WORC M:51 B:001 L:00006
  • Block: 1
  • Lot: 6
  • Municipality: WORCESTER
  • Latitude: 42.2623
  • Longitude: -71.8501

    Address

  • Full Address: 8 Ware St
  • Address - House Number: 8
  • Address - Street Name: Ware
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C033
  • 4-Digit Zip Code: 2824
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,800

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 360,381
  • High Value: 433,122
  • Low Value: 287,641

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $276,000
  • Assessed Land Value: $70,600
  • Assessed Improvements Value: $205,400

    Sales

  • Current Sale Contract Date: Jan 18, 2019
  • Current Sale Recording Date: Feb 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 15137
  • Previous Sale Recording Date: Jan 13, 2015
  • Previous Sale Amount: $148,000
  • 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 Webster Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2368 ft²

Average Home Age

94.8 years

Currently For Sale

26 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# 73354139

Frequently Asked Questions

When was property at 8 Ware Street built and last sold?
The property at 8 Ware Street was built in 1943 and last sold on Jan 18, 2019 for $210,000.
How much is this home worth?
The estimated value of the home located at 8 Ware Street is $336,920.
What are some comparable homes to 8 Ware Street?
There are currently no comparable homes to 8 Ware Street.
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