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Worcester
87 Summer St
$272,000
● House - Off Market

87 Summer St

Blackstone, MA 01504
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,604 Ft²
$486,729
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Spacious ranch on beautiful 0.94  acre lot. Features include over sized master bedroom suite with walk in closet, full bath and sliders opening up to large deck, hardwood floors throughout, custom wood working, laundry room and cathedral ceilings.  Outside you'll find an enormous deck over looking elevated garden beds, garden shed, secondary garage with small office area, circular driveway, patio and perennial gardens.  Recent updates include new heating system (2012)and roof (2014).  Close to shopping, schools and minutes to route 495 and the Forge Park Commuter Rail station in Franklin.
Unit Size
1,604 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$178
Property Type
House
Property Taxes
$367
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: 4 months ago (MLSPIN #71973308)

Price History

Date / Event Date Event Price
May 27, 2016 Sold
Premium
Sold
Mar 16, 2016 Listed by William Raveis Prime $285,000
Listed by William Raveis Prime

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • 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: 40,000
  • Total Building Area: 1,530
  • Gross Building Area: 4,722
  • Building Area: 1,530
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,530
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Blackstone-Millville School District
  • School Tax School District: BLACKSTN-MILLVL
  • Census Tract: 747101

Geography

  • Account Number: 2336
  • Parcel: BLAC M:0015 B:0000 L:53&54
  • Lot: 53,54
  • Municipality: BLACKSTONE
  • Latitude: 42.0365
  • Longitude: -71.5284

    Address

  • Full Address: 87 Summer St
  • Address - House Number: 87
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Blackstone
  • Carrier Code: R003
  • 4-Digit Zip Code: 1338
  • Zip Code: 01504

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $620,200

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 492,188
  • High Value: 584,932
  • Low Value: 399,444

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $379,800
  • Assessed Land Value: $162,400
  • Assessed Improvements Value: $217,400

    Sales

  • Current Sale Recording Date: May 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54390
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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71973308

Frequently Asked Questions

When was property at 87 Summer Street built and last sold?
The property at 87 Summer Street was built in 1953 and last sold on Jan 1, 1970 for $272,000.
How much is this home worth?
The estimated value of the home located at 87 Summer Street is $296,551.
What are some comparable homes to 87 Summer Street?
There are currently no comparable homes to 87 Summer Street.
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