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Worcester 01604 Lake Park
83 Coburn Ave
$266,000
● House - Off Market

83 Coburn Ave

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,365 Ft²
$387,824
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

UMASS Area Home offers 3 Bedrooms, a Renovated Open Concept Kitchen with Granite and a Two Car Garage.   Sit at the Kitchen Counter or Entertain in the Kitchen/Dining Room area with plenty of rooms for Guests.    All Stainless Steel Appliances will remain.   1st floor Laundry, half bath and 1st floor Bedroom.  A Sunroom entry into the Kitchen completes the 1st floor.   Hardwood Floors in most rooms. Welcoming Front Porch and back Deck overlooking a private yard with NEW Fencing.   Porch and Deck just painted in May 2019.   The Stone 2 Car Garage has electric openers and a keypad entry.  Two Bedrooms and a full bath with a Large Master Bedroom with a walk in closet on the 2nd floor.   Very Close to UMASS Hospital, Lake Quinsigamond and Highways.   All showings begin at OH on Sunday, May 19th at Noon to 1:30.
Unit Size
1,365 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$194
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1905

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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 #72502970)

Price History

Date / Event Date Event Price
Aug 1, 2019 Sold
Premium
Sold
May 18, 2019 Listed by Walsh and Associates Real Estate $264,500
Listed by Walsh and Associates Real Estate
Sep 28, 2016 Sold
Premium
Sold
Jul 16, 2016 Listed by Walsh and Associates Real Estate $249,900
Listed by Walsh and Associates Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • 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: 2
  • Building Style: 15
  • 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: 663
  • 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: 1,365
  • Gross Building Area: 2,631
  • Building Area: 1,365
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,365
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 17-016-00003
  • Parcel: WORC M:17 B:016 L:00003
  • Block: 16
  • Lot: 3
  • Municipality: WORCESTER
  • Latitude: 42.2704
  • Longitude: -71.7595

    Address

  • Full Address: 83 Coburn Ave
  • Address - House Number: 83
  • Address - Street Name: Coburn
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C008
  • 4-Digit Zip Code: 6004
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $447,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 399,936
  • High Value: 477,935
  • Low Value: 321,937

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,700
  • Assessed Land Value: $85,100
  • Assessed Improvements Value: $226,600

    Sales

  • Current Sale Contract Date: Jul 17, 2019
  • Current Sale Recording Date: Aug 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76086
  • Previous Sale Recording Date: Sep 28, 2016
  • Previous Sale Amount: $242,000
  • 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 Lake Park

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$280

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# 72502970

Frequently Asked Questions

When was property at 83 Coburn Avenue built and last sold?
The property at 83 Coburn Avenue was built in 1905 and last sold on Jul 17, 2019 for $266,000.
How much is this home worth?
The estimated value of the home located at 83 Coburn Avenue is $284,745.
What are some comparable homes to 83 Coburn Avenue?
There are currently no comparable homes to 83 Coburn Avenue.
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