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Worcester 01602 Newton Square
96 Richmond Ave
$185,000
● House - Off Market

96 Richmond Ave

Worcester, MA 01602
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,494 Ft²
$425,909
RealtyHop Estimate
143.38%
Since Jan 1, 2003
National-US
Primary Model

About This Property

BEING SOLD "AS IS". CHARMING HOME IN NEED OF UPDATES. HDWDS THROUGHOUT. BUILT-INS IN DINING AND LIVING ROOMS. PARTIALLY FENCED YARD. OVERSIZED GARAGE. TATNUCK AREA. PLEASE LEAVE LIGHTS ON AND CURTAINS DOWN.
Unit Size
1,494 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$117
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1924

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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 years ago (MLSPIN #30648149)

Price History

Date / Event Date Event Price
May 3, 2021 Sold
Premium
Sold
Jan 1, 2021 Listed by Emerson REALTORS® $239,000
Listed by Emerson REALTORS®
Dec 16, 2002 Sold
Premium
Sold
Sep 18, 2002 Listed by Emerson REALTORS® $175,000
Listed by Emerson REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • 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: 15
  • 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: 744
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 1,528
  • Gross Building Area: 2,420
  • Building Area: 1,528
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,528
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730801

Zoning

  • Zoning: RS-10

Geography

  • Account Number: 43-003-00003
  • Parcel: WORC M:43 B:003 L:00003
  • Block: 3
  • Lot: 3
  • Municipality: WORCESTER
  • Latitude: 42.2795
  • Longitude: -71.8321

    Address

  • Full Address: 96 Richmond Ave
  • Address - House Number: 96
  • Address - Street Name: Richmond
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1518
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $430,200

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 417,891
  • High Value: 487,681
  • Low Value: 348,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,000
  • Assessed Land Value: $102,300
  • Assessed Improvements Value: $197,700

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60716
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 Newton Square

Stats & Trends

Median Asking:

$527,450

Sale Price/ft²

$272

Below Asking

0.02%

Average Days on Market

62

Average Home Size

4993 ft²

Average Home Age

110.7 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30648149

Frequently Asked Questions

When was property at 96 Richmond Avenue built and last sold?
The property at 96 Richmond Avenue was built in 1924 and last sold on May 3, 2021 for $239,000.
How much is this home worth?
The estimated value of the home located at 96 Richmond Avenue is $0.
What are some comparable homes to 96 Richmond Avenue?
There are currently no comparable homes to 96 Richmond Avenue.
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