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Worcester 01606 Indian Hill
88 Ararat St.
$144,000
● House - Off Market

88 Ararat St.

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,116 Ft²
$287,769
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Lovely Cape in great condition with 3 bedrooms and two full baths. Finished basement has fourth bedroom with closets in addition to study area and jacuzzi tub.  First floor bedroom. Living and dining room have beautiful hardwood floors.Easy access to 190 and all major routes, takes only a few minutes to get to downtown Worcester.New replacement windows, five year old roof, five year old gas furnace. Not a short sale or foreclosure. Bonus to buyer agent!
Unit Size
1,116 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$130
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1942

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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: 5 months ago (MLSPIN #71437965)

Price History

Date / Event Date Event Price
May 9, 2013 Sold
Premium
Sold
Sep 20, 2012 Listed by Community Realty $144,899
Listed by Community Realty
Oct 23, 2009 Sold
Premium
Sold
Jun 5, 2009 Listed $126,720
Listed
Lovely Cape in very good condition with beautiful hardwood floors on a corner lot with a nice fenced in yard. This home has had many updates and needs very little work. This house also offers a finished basement with a large family room and a jacuzzi tub! Don't wait on this one, it won't be around long!
Oct 28, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 720
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,604
  • Total Building Area: 1,116
  • Gross Building Area: 2,244
  • Building Area: 1,116
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,116
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730100

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 37-033-00001
  • Parcel: WORC M:37 B:033 L:00001
  • Block: 33
  • Lot: 1
  • Municipality: WORCESTER
  • Latitude: 42.3149
  • Longitude: -71.809

    Address

  • Full Address: 88 Ararat St
  • Address - House Number: 88
  • Address - Street Name: Ararat
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C023
  • 4-Digit Zip Code: 2623
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $319,500

    Appraisal Valuation

  • Standard Deviation: 0.2006
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 328,352
  • High Value: 394,223
  • Low Value: 262,481

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,800
  • Assessed Land Value: $102,700
  • Assessed Improvements Value: $120,100

    Sales

  • Current Sale Recording Date: May 09, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54581
  • Previous Sale Recording Date: May 09, 2013
  • Previous Sale Amount: $144,000
  • 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 Indian Hill

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$290

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1945 ft²

Average Home Age

70.3 years

Currently For Sale

11 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: 5 months ago
Data Source: MLS PIN, MLS# 71437965

Frequently Asked Questions

When was property at 88 Ararat Street built and last sold?
The property at 88 Ararat Street was built in 1942 and last sold on Jan 1, 1970 for $144,000.
How much is this home worth?
The estimated value of the home located at 88 Ararat Street is $155,958.
What are some comparable homes to 88 Ararat Street?
There are currently no comparable homes to 88 Ararat Street.
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