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Worcester 01604 Lake Park
97 Coburn Ave
$375,000
● House - Off Market

97 Coburn Ave

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,366 Ft²
$387,160
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

. A combination of character and charm exemplifies this totally renovated 3BR, 2Bath two-story dwelling. Updated kitchen, baths and flooring; carpeting, paint, and more. Corner lot with detached electric powered, oversized garage for storage or workshop. Centrally located in residential neighborhood near UMass, Lake Park, The Bio Park and White City. Easy access to major routes. Separate dining room and small office off living room.~ 3 bedrooms upstairs with good closet space; replacement windows and fresh wall to wall carpeting. Bathrooms done over beautifully. Upgraded electrical wiring and boxes. Freshly installed insulation. Outdoor shed; rear deck; sun porch; laundry/mud room. Nice yard with plenty options for family fun. 2 driveways allow for abundant parking. --  Please do come see this in person!
Unit Size
1,366 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$271
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1890

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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 #73029125)

Price History

Date / Event Date Event Price
Oct 6, 2022 Sold
Premium
Sold
Aug 24, 2022 Listed by Cedar Wood Realty Group $370,000
Listed by Cedar Wood Realty Group
Jun 4, 1999 Sold
Premium
Sold
Mar 29, 1990 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • 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: 2
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 712
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,842
  • Total Building Area: 1,366
  • Gross Building Area: 2,621
  • Building Area: 1,366
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,366
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732201

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 17-002-00001
  • Parcel: WORC M:17 B:002 L:00001
  • Block: 2
  • Lot: 1
  • Municipality: WORCESTER
  • Latitude: 42.2698
  • Longitude: -71.7595

    Address

  • Full Address: 97 Coburn Ave
  • Address - House Number: 97
  • Address - Street Name: Coburn
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C008
  • 4-Digit Zip Code: 1111
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $417,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 390,875
  • High Value: 424,477
  • Low Value: 357,272

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,300
  • Assessed Land Value: $102,500
  • Assessed Improvements Value: $188,800

    Sales

  • Current Sale Contract Date: Oct 06, 2022
  • Current Sale Recording Date: Oct 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 109328
  • Previous Sale Recording Date: Jun 04, 1999
  • Previous Sale Amount: $84,000
  • 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 Lake Park

Stats & Trends

Median Asking:

$544,450

Sale Price/ft²

$276

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1335 ft²

Average Home Age

43.8 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

Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73029125

Frequently Asked Questions

When was property at 97 Coburn Avenue built and last sold?
The property at 97 Coburn Avenue was built in 1890 and last sold on Oct 6, 2022 for $375,000.
How much is this home worth?
The estimated value of the home located at 97 Coburn Avenue is $388,043.
What are some comparable homes to 97 Coburn Avenue?
There are currently no comparable homes to 97 Coburn Avenue.
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