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Worcester 01606 Indian Hill
91 Ararat Street
Photo of 91 Ararat Street
Sold on Jan 28, 2005

1

Map

$229,900
● House - Off Market

91 Ararat Street

Worcester, MA 01606
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,072 Ft²
$441,101
RealtyHop Estimate
91.87%
Since Feb 1, 2005
National-US
Primary Model

About This Property

You just can't find a more convenient location than this.  And a home that features much of what most buyers are looking for (No Work)!  That's because so much has been done to this L shaped ranch. New Windows*Flooring*Kitchen w/Stainless Appliances*Baths* (yes-there are two of them)*Siding*Roof*Furnace*Electric* Plumbing*Partially finished LL* The work on this home is nearly complete.
Unit Size
1,072 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$214
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #70118860)

Price History

Date / Event Date Event Price
Jul 15, 2021 Sold
Premium
Sold
Jun 4, 2021 Listed $299,900
Listed
Jan 28, 2005 Sold
Premium
Sold
Nov 18, 2004 Listed $229,900
Listed
Sep 17, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 3
  • 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: 2
  • Basement Area: 868
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,239
  • Total Building Area: 1,084
  • Gross Building Area: 2,120
  • Building Area: 1,084
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,084
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • 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: 37-007-00044
  • Parcel: WORC M:37 B:007 L:00044
  • Block: 7
  • Lot: 44
  • Municipality: WORCESTER
  • Latitude: 42.3146
  • Longitude: -71.8088

    Address

  • Full Address: 91 Ararat St
  • Address - House Number: 91
  • Address - Street Name: Ararat
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C023
  • 4-Digit Zip Code: 2622
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $440,100

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 411,306
  • High Value: 485,265
  • Low Value: 337,347

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,900
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $203,600

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 98766
  • Previous Sale Recording Date: Jan 28, 2005
  • Previous Sale Amount: $229,900
  • Previous Sale Document Type: 27
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

$303

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2093 ft²

Average Home Age

76.5 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70118860

Frequently Asked Questions

When was property at 91 Ararat Street built and last sold?
The property at 91 Ararat Street was built in 1955 and last sold on Jul 15, 2021 for $350,000.
How much is this home worth?
The estimated value of the home located at 91 Ararat Street is $305,096.
What are some comparable homes to 91 Ararat Street?
There are currently no comparable homes to 91 Ararat Street.
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