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Worcester
121 Wheeler Road
$213,000
● House - Off Market

121 Wheeler Road

Princeton, MA 01541
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,144 Ft²
$415,587
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Well Maintained  3 Bedroom Ranch, set back off road on Beautiful 2 acre lot. Large living room with fireplace and  picture window.  Open kitchen/dining area with large Picture window, Vinyl Siding,  Built in 1981, One car Garage. Walk out basement with sliders   2 long driveways
Unit Size
1,144 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$196
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1981

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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 #71679011)

Price History

Date / Event Date Event Price
Jul 8, 2014 Sold
Premium
Sold
May 12, 2014 Listed by RE/MAX Advantage 1 $224,000
Listed by RE/MAX Advantage 1

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,244
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,244
  • Gross Building Area: 2,972
  • Building Area: 1,244
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,244
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 720100

Zoning

  • Zoning: BI

Geography

  • Account Number: 2410110001700050
  • Parcel: PRIN M:0110 B:0017 L:00050
  • Block: 17
  • Lot: 50
  • Municipality: PRINCETON
  • Latitude: 42.4467
  • Longitude: -71.927

    Address

  • Full Address: 121 Wheeler Rd
  • Address - House Number: 121
  • Address - Street Name: Wheeler
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Princeton
  • Carrier Code: R002
  • 4-Digit Zip Code: 1917
  • Zip Code: 01541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $533,700

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 465,867
  • High Value: 545,857
  • Low Value: 385,877

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $352,500
  • Assessed Land Value: $102,700
  • Assessed Improvements Value: $249,800

    Sales

  • Current Sale Recording Date: Jul 08, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60607
  • Previous Sale Recording Date: Oct 31, 2012
  • 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

$282

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# 71679011

Frequently Asked Questions

When was property at 121 Wheeler Road built and last sold?
The property at 121 Wheeler Road was built in 1981 and last sold on Jan 1, 1970 for $213,000.
How much is this home worth?
The estimated value of the home located at 121 Wheeler Road is $230,932.
What are some comparable homes to 121 Wheeler Road?
There are currently no comparable homes to 121 Wheeler Road.
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