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Worcester
85 Wallace Ave
Photo of 85 Wallace Ave
Sold on Dec 16, 2008

1

Map

$174,900
● House - Off Market

85 Wallace Ave

Auburn, MA 01501
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,060 Ft²
$363,793
RealtyHop Estimate
108.00%
Since Jan 1, 2009
National-US
Primary Model

About This Property

Nice ranch with contemporary flair in great neighborhood, close to shopping, skating rink, playground, ball field and major highways. This property is eligible for ExpressPath financing, please contact listing agent for details.
Unit Size
1,060 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$165
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1994

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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 #70780505)

Price History

Date / Event Date Event Price
Dec 16, 2008 Sold
Premium
Sold
Jun 19, 2008 Listed $174,900
Listed
Jan 31, 2008 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • 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: 23,870
  • Total Building Area: 1,060
  • Gross Building Area: 2,808
  • Building Area: 1,060
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,060
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000548
  • 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: 2694
  • District: 17
  • Parcel: AUBU M:0023 L:0093
  • Lot: 93
  • Municipality: AUBURN
  • Latitude: 42.2104
  • Longitude: -71.8531

    Address

  • Full Address: 85 Wallace Ave
  • Address - House Number: 85
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Auburn
  • Carrier Code: C006
  • 4-Digit Zip Code: 1135
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $502,500

    Appraisal Valuation

  • Standard Deviation: 0.2626
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 62
  • Final Value: 365,722
  • High Value: 461,769
  • Low Value: 269,675

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $336,600
  • Assessed Land Value: $114,000
  • Assessed Improvements Value: $222,600

    Sales

  • Current Sale Recording Date: Dec 16, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00133445
  • Previous Sale Recording Date: Jan 31, 2008
  • Previous Sale Amount: $240,591
  • Previous Sale Document Type: 34
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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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# 70780505

Frequently Asked Questions

When was property at 85 Wallace Avenue built and last sold?
The property at 85 Wallace Avenue was built in 1994 and last sold on Jan 1, 1970 for $174,900.
How much is this home worth?
The estimated value of the home located at 85 Wallace Avenue is $183,710.
What are some comparable homes to 85 Wallace Avenue?
There are currently no comparable homes to 85 Wallace Avenue.
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