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Worcester 01543
11 Johnson Way
$117,000
● House - Off Market

11 Johnson Way

Rutland, MA 01543
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,264 Ft²
$211,030
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Why rent when you can own 11 Johnson Way? The perfect first time buyer/ retirement home OR summer getaway with deeded beach rights to Turkey Hill Pond just a short walk down the lane! This is move in ready with NEW ROOF, recent wood laminate floors, freshly painted, kitchen and bath updates and 3BR's! Relax on the screened patio or by the tranquil water garden. Pellet stove keeps the heating bills lower in the winter months. Don't miss out on this little gem!
Unit Size
1,264 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$99
Property Type
House
Property Taxes
$181
HOA Dues
-
Year Built
1925

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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 #71999636)

Price History

Date / Event Date Event Price
Sep 30, 2016 Sold
Premium
Sold
May 4, 2016 Listed by Keller Williams Realty Greater Worcester $125,000
Listed by Keller Williams Realty Greater Worcester
Sep 26, 2003 Sold
Premium
Sold
Aug 1, 2003 Listed by Keller Williams Realty Greater Worcester $130,000
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 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: 5,227
  • Total Building Area: 1,170
  • Gross Building Area: 2,552
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721104

Geography

  • Parcel: RUTL M:36-B B:C L:15
  • Block: C
  • Lot: 15
  • Municipality: RUTLAND
  • Latitude: 42.3409
  • Longitude: -71.9434

    Address

  • Full Address: 11 Johnson Way
  • Address - House Number: 11
  • Address - Street Name: Johnson
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Rutland
  • Carrier Code: R004
  • 4-Digit Zip Code: 2141
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $259,200

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 248,894
  • High Value: 297,710
  • Low Value: 200,077

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,900
  • Assessed Land Value: $61,100
  • Assessed Improvements Value: $127,800

    Sales

  • Current Sale Recording Date: Sep 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 111190
  • Previous Sale Recording Date: Sep 26, 2003
  • Previous Sale Amount: $128,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2402 ft²

Average Home Age

63.4 years

Currently For Sale

2051 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: 5 months ago
Data Source: MLS PIN, MLS# 71999636

Frequently Asked Questions

When was property at 11 Johnson Way built and last sold?
The property at 11 Johnson Way was built in 1925 and last sold on Jan 1, 1970 for $117,000.
How much is this home worth?
The estimated value of the home located at 11 Johnson Way is $137,960.
What are some comparable homes to 11 Johnson Way?
There are currently no comparable homes to 11 Johnson Way.
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