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Worcester
1 Monticello
$105,000
● House - Off Market

1 Monticello

Paxton, MA 01612
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,312 Ft²
$271,242
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Great location on quiet side street minutes to Worcester. This classic 1960's wood clad split needs an experienced buyer to take on the septic sytem failure, the in ground abandoned in place oil tank, the water leaks in the garage and other defered maintainance issues. Will not be able to be financed either FHA or VA. Seller will not remove tank, provide new septic design or comlete any other repairs. Appears to have roof leaks, has sump pump in lower level but evidence of previous water damage.
Unit Size
1,312 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$95
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #71339304)

Price History

Date / Event Date Event Price
May 29, 2012 Sold
Premium
Sold
Feb 16, 2012 Listed by Louise M. Erskine Real Estate $125,000
Listed by Louise M. Erskine Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,875
  • Total Building Area: 1,367
  • Gross Building Area: 3,992
  • Building Area: 1,367
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,367
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000502
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 727100

Zoning

  • Zoning: R4

Geography

  • Account Number: 1699
  • Parcel: PAXT M:00028 L:00028
  • Lot: 28
  • Municipality: PAXTON
  • Latitude: 42.2877
  • Longitude: -71.8997

    Address

  • Full Address: 1 Monticello Dr
  • Address - House Number: 1
  • Address - Street Name: Monticello
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Paxton
  • Carrier Code: C027
  • 4-Digit Zip Code: 1413
  • Zip Code: 01612

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $691,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2115
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 71
  • Final Value: 453,146
  • High Value: 548,998
  • Low Value: 357,293

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $430,200
  • Assessed Land Value: $109,600
  • Assessed Improvements Value: $320,600

    Sales

  • Current Sale Recording Date: May 29, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000006
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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71339304

Frequently Asked Questions

When was property at 1 Monticello Drive built and last sold?
The property at 1 Monticello Drive was built in 1962 and last sold on Jan 1, 1970 for $105,000.
How much is this home worth?
The estimated value of the home located at 1 Monticello Drive is $137,496.
What are some comparable homes to 1 Monticello Drive?
There are currently no comparable homes to 1 Monticello Drive.
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