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Worcester 01468
124 Otter River Rd
Photo of 124 Otter River Rd
Sold on Jun 16, 2006

1

Map

$217,900
● House - Off Market

124 Otter River Rd

Templeton, MA 01468
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,550 Ft²
$353,229
RealtyHop Estimate
68.28%
Since Jul 1, 2006
National-US
Primary Model

About This Property

Looking for cute and affordable?  Than you need look no further!  This wonderful cape has been nicely updated including a renovated kitchen and renovated bathrooms.  Loads of nice amenities including ceiling fans, a cathedral ceiling, Jacuzzi jetted tub, Tile, wide pine, and Pergo flooring.  Convenient first floor washer & dryer hook ups. Two large decks overlook a nice 1 acre level lot that is great for backyard barbequing, entertaining, or just enjoying a quiet day off in the sun.  Convenient
Unit Size
1,550 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$135
Property Type
House
Property Taxes
$154
HOA Dues
-
Year Built
1855

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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 #70377154)

Price History

Date / Event Date Event Price
Jun 16, 2006 Sold
Premium
Sold
Apr 29, 2006 Listed $209,900
Listed
Apr 26, 2004 Sold
Premium
Sold
Feb 14, 2004 Listed $179,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1855
  • Effective Year Built: 1855
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 43,560
  • Total Building Area: 1,550
  • Gross Building Area: 3,615
  • Building Area: 1,550
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,550
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Narragansett School District
  • School Tax School District: NARRAGANSETT SD
  • Census Tract: 705101

Geography

  • Account Number: 2111
  • Parcel: TEMP M:04-09 B:00026 L:00000
  • Block: 26
  • Municipality: TEMPLETON
  • Latitude: 42.5636
  • Longitude: -72.0595

    Address

  • Full Address: 124 Otter River Rd
  • Address - House Number: 124
  • Address - Street Name: Otter River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Templeton
  • Carrier Code: R002
  • 4-Digit Zip Code: 1474
  • Zip Code: 01468

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $350,400

    Appraisal Valuation

  • Standard Deviation: 0.2361
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 52
  • Final Value: 330,765
  • High Value: 408,860
  • Low Value: 252,669

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,200
  • Assessed Land Value: $51,800
  • Assessed Improvements Value: $219,400

    Sales

  • Current Sale Recording Date: Jun 16, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00088971
  • Previous Sale Recording Date: Apr 26, 2004
  • Previous Sale Amount: $179,900
  • 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

2401 ft²

Average Home Age

63.3 years

Currently For Sale

1983 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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Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70377154

Frequently Asked Questions

When was property at 124 Otter River Road built and last sold?
The property at 124 Otter River Road was built in 1855 and last sold on Jan 1, 1970 for $217,900.
How much is this home worth?
The estimated value of the home located at 124 Otter River Road is $223,930.
What are some comparable homes to 124 Otter River Road?
There are currently no comparable homes to 124 Otter River Road.
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