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Worcester 01331
140 State Road
$140,000
● House - Off Market

140 State Road

Phillipston, MA 01331
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,628 Ft²
$175,046
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Cute little cottage on 3+ acres in the quaint town of Phillipston. First floor is mostly open concept offering a breakfast bar, kitchen, dining area and living room. Also, on the first floor are the full bath and a cozy den. Three bedrooms and a bonus room are found upstairs. The property consists of three separate lots totaling three+ acres, much of it is wetlands, and is located very near Route 2 for an easy commute! Shopping, movies, and restaurants are close by with the new Market Basket Plaza in Athol. Title V has failed and will be buyer's responsibility but plans are in hand with an estimate of under $20,000 to install.
Unit Size
1,628 Ft²
Days on Market
-
Land Size
3.20 acres
Price per sqft
$101
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1910

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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 #73042786)

Price History

Date / Event Date Event Price
Dec 21, 2022 Sold
Premium
Sold
Oct 6, 2022 In contract -
In contract
Sep 29, 2022 Listed by RE/MAX Advantage 1 $165,000
Listed by RE/MAX Advantage 1

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 17,424
  • Total Building Area: 774
  • Gross Building Area: 1,628
  • Building Area: 774
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 774
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Narragansett School District
  • Census Tract: 704201

Zoning

  • Zoning: B

Geography

  • Parcel: PHIL M:00034 L:00034
  • Lot: 34
  • Municipality: PHILLIPSTON
  • Latitude: 42.5709
  • Longitude: -72.1436

    Address

  • Full Address: 140 State Rd
  • Address - House Number: 140
  • Address - Street Name: State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Phillipston
  • Carrier Code: R001
  • 4-Digit Zip Code: 9788
  • Zip Code: 01331

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $184,900

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 187,240
  • High Value: 225,575
  • Low Value: 148,905

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $154,300
  • Assessed Land Value: $37,100
  • Assessed Improvements Value: $117,200

    Sales

  • Current Sale Contract Date: Oct 27, 2022
  • Current Sale Recording Date: Dec 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 134546
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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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# 73042786

Frequently Asked Questions

When was property at 140 State Road built and last sold?
The property at 140 State Road was built in 1910 and last sold on Oct 27, 2022 for $140,000.
How much is this home worth?
The estimated value of the home located at 140 State Road is $180,488.
What are some comparable homes to 140 State Road?
There are currently no comparable homes to 140 State Road.
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