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Worcester 01603 Columbus Park
9 Lovell Dr
$179,900
● House - Off Market

9 Lovell Dr

Worcester, MA 01603
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,440 Ft²
$249,440
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

This 1440SF Colonial home features 3 bedrooms, 1.5 baths and a 1 car garage under.  Property has hardwood floors and a fireplaced living room, a walk up attic and is located on a cul de sac near Columbus Park. Bring your finishing touches and make this your dream home!  Cash or renovation financing and dry inspections only. This is a homepath property.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$125
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1939

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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 #72664114)

Price History

Date / Event Date Event Price
Dec 11, 2020 Sold
Premium
Sold
Oct 20, 2020 Listed by RE/MAX Advantage 1 $329,900
Listed by RE/MAX Advantage 1
Jul 20, 2020 Sold
Premium
Sold
May 29, 2020 Listed by RE/MAX Advantage 1 $179,900
Listed by RE/MAX Advantage 1

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • 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: 15
  • Building Style: 5
  • 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: 478
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,283
  • Total Building Area: 1,440
  • Gross Building Area: 2,416
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731101

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 14-027-00005
  • Parcel: WORC M:14 B:027 L:00005
  • Block: 27
  • Lot: 5
  • Municipality: WORCESTER
  • Latitude: 42.2568
  • Longitude: -71.8304

    Address

  • Full Address: 9 Lovell Dr
  • Address - House Number: 9
  • Address - Street Name: Lovell
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C005
  • 4-Digit Zip Code: 3210
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $521,000

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 443,583
  • High Value: 524,475
  • Low Value: 362,691

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,300
  • Assessed Land Value: $85,500
  • Assessed Improvements Value: $277,800

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 154418
  • Previous Sale Recording Date: Jul 20, 2020
  • Previous Sale Contract Date: Jul 14, 2020
  • Previous Sale Amount: $179,900
  • 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 Columbus Park

Stats & Trends

Median Asking:

$570,000

Sale Price/ft²

$226

Below Asking

0.03%

Average Days on Market

61

Average Home Size

2488 ft²

Average Home Age

110.7 years

Currently For Sale

7 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72664114

Frequently Asked Questions

When was property at 9 Lovell Drive built and last sold?
The property at 9 Lovell Drive was built in 1939 and last sold on Dec 4, 2020 for $335,900.
How much is this home worth?
The estimated value of the home located at 9 Lovell Drive is $331,764.
What are some comparable homes to 9 Lovell Drive?
There are currently no comparable homes to 9 Lovell Drive.
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