40 Colby Ave, Worcester, MA, 01605 | $410,000

Welcome to 40 Colby Ave, a delightful and well-maintained Cape-style home nestled in a quiet neighborhood abutting Green Hill Park. This property perfectly balances classic character with modern convenience, offering a cozy home just minutes away from major highways and local hospitals—making it an ideal spot for commuters and medical professionals alike. Main Level: Includes a bright living room, formal dining room open to the kitchen, a comfortable den and a convenient first-floor main bedroom. Upper Level: Two additional bedrooms featuring classic Cape-style architecture. Lower Level: full basement that is partially finished, offering a bonus room for a home office or playroom, plus a dedicated laundry area. Enjoy a 36x11sf deck overlooking a 0. 17-acre lot, perfect for summer BBQs and morning coffee. This home is a fantastic opportunity for those seeking a move-in-ready home in a prime location. Roof- 5yrs old. Boiler- 7 yrs old First showings at OH on Sunday April 12 from 11-1

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 1 full
  • Laundry: In Basement
  • Style: Cape
  • Year Built: 1945
  • Basement: Full, Partially Finished
  • Approx Sq. Feet: 1,380
  • Acreage: 0.17
  • Est. Taxes: $4,603
  • Appliances: Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • MLS#: 73497101
  • Website: https://www.raveis.com
    /prop/73497101/40colbyave_worcester_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Kim Mccrohon courtesy of Coldwell Banker Realty - Worcester   Phone: 508-795-7500

Room Information

Type DescriptionLevel
Bedroom 2 Flooring - HardwoodSecond
Bedroom 3 Flooring - Wall to Wall CarpetSecond
Dining Room Flooring - HardwoodFirst
Kitchen Flooring - Laminate, Country Kitchen, Stainless Steel AppliancesFirst
Living Room Flooring - Wall to Wall CarpetFirst
Master Bedroom Closet, Flooring - Wall to Wall CarpetFirst

William Raveis Family of Services

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Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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40 Colby Ave, Worcester, MA, 01605

$410,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $328,000 $328,000 $328,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.250% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.357% 6.431% 5.668%
Monthly Tax Payment $384 $384 $384
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,940 $2,020 $2,658
Total Monthly Payment $2,399 $2,479 $3,117

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.