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Worcester 01568
116 Chestnut Street
$541,000
● House - Off Market

116 Chestnut Street

Upton, MA 01568
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
4,560 Ft²
$1,023,716
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Stately colonial situated in estate like setting with beautiful grounds and mature plantings.   This home has been very well taken care of and loved.  Sliders from kitchen and family room take you to deck overlooking private and pretty backyard.  Spend the afternoon listening to the birds, reading a good book, or cooking out with the family.  Kitchen with cherry cabinets and Bosch 5 burner cooktop and double oven.  Generous size rooms with lots of crown molding and nice touches.  Perfect first floor office boasts built-ins and its own deck.  Quality finished basement offers fantastic space with natural light, wainscoting and built ins.  Perfect for watching television, playing pool or just hanging out. Wonderful floor plan, and even a walk up 3rd floor for anyone looking to add more space.
Unit Size
4,560 Ft²
Days on Market
-
Land Size
2.20 acres
Price per sqft
$121
Property Type
House
Property Taxes
$762
HOA Dues
-
Year Built
1988

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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: 4 months ago (MLSPIN #71677188)

Price History

Date / Event Date Event Price
Sep 29, 2014 Sold
Premium
Sold
May 8, 2014 Listed by RE/MAX Executive Realty $550,000
Listed by RE/MAX Executive Realty
Nov 1, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,804
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 111,819
  • Total Building Area: 3,360
  • Gross Building Area: 9,220
  • Building Area: 3,360
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,360
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002567
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mendon-Upton School District
  • School Tax School District: BLCKSTONE VLY
  • Census Tract: 743100

Geography

  • Account Number: 2104
  • Parcel: UPTO M:029 L:078.07
  • Lot: 78.07
  • Municipality: UPTON
  • Latitude: 42.1442
  • Longitude: -71.589

    Address

  • Full Address: 116 Chestnut St
  • Address - House Number: 116
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Upton
  • Carrier Code: R002
  • 4-Digit Zip Code: 1418
  • Zip Code: 01568

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $833,900

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 843,126
  • High Value: 992,349
  • Low Value: 693,903

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $601,200
  • Assessed Land Value: $223,200
  • Assessed Improvements Value: $378,000

    Sales

  • Current Sale Recording Date: Sep 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90989
  • Previous Sale Recording Date: Nov 01, 1994
  • Previous Sale Amount: $347,000
  • 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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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: 4 months ago
Data Source: MLS PIN, MLS# 71677188

Frequently Asked Questions

When was property at 116 Chestnut Street built and last sold?
The property at 116 Chestnut Street was built in 1988 and last sold on Jan 1, 1970 for $541,000.
How much is this home worth?
The estimated value of the home located at 116 Chestnut Street is $587,919.
What are some comparable homes to 116 Chestnut Street?
There are currently no comparable homes to 116 Chestnut Street.
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