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Worcester
120 Pinnacle Rd Lot 3
$255,000
● Land - Off Market

120 Pinnacle Rd Lot 3

Harvard, MA 01451
bedrooms
Studio
bathrooms
0 Bath
$363,600
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Looking for a private affordable lot to build your dream country home on? Stop by this secluded wooded over 1.74 acre lot. Septic plan in hand for buyer to install-estimate. Now is the time to buy this wonderful property in neighborhood of fine homes close to Rt 2 access, 495  and a few miles to Ayer Train station with direct trains to Boston. Lot is all approved and ready to go. Bring your own builder or let us connect you to one.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2022

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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 #72687847)

Price History

Date / Event Date Event Price
Mar 31, 2022 Sold
Premium
Sold
Jan 5, 2021 Sold
Premium
Sold
Jul 9, 2020 Listed by Compass $280,000
Listed by Compass

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 77,972
  • Total Building Area: 3,227
  • Gross Building Area: 5,748
  • Building Area: 3,227
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,227
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001790
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Harvard School District
  • School Tax School District: HARVARD SD
  • Census Tract: 761401

Geography

  • Account Number: 132803
  • District: 125
  • Parcel: HARV M:13 B:28 L:3
  • Block: 28
  • Lot: 3
  • Municipality: HARVARD
  • Latitude: 42.5158
  • Longitude: -71.5607

    Address

  • Full Address: 120 Pinnacle Rd
  • Address - House Number: 120
  • Address - Street Name: Pinnacle
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Harvard
  • Carrier Code: R004
  • 4-Digit Zip Code: 1439
  • Zip Code: 01451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,519,500

    Appraisal Valuation

  • Standard Deviation: 0.1372
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 84
  • Final Value: 1,247,602
  • High Value: 1,418,842
  • Low Value: 1,076,361

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,019,800
  • Assessed Land Value: $273,400
  • Assessed Improvements Value: $746,400

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36105
  • Previous Sale Recording Date: Jan 05, 2021
  • Previous Sale Contract Date: Jan 03, 2021
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: O
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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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: 4 months ago
Data Source: MLS PIN, MLS# 72687847

Frequently Asked Questions

When was property at 120 Pinnacle Road built and last sold?
The property at 120 Pinnacle Road was built in 2022 and last sold on Mar 31, 2022 for $999,000.
How much is this home worth?
The estimated value of the home located at 120 Pinnacle Road is $282,800.
What are some comparable homes to 120 Pinnacle Road?
There are currently no comparable homes to 120 Pinnacle Road.
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