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Worcester 01540
15 Bailey Road
$180,000
● House - Off Market

15 Bailey Road

Oxford, MA 01540
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,866 Ft²
$363,900
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Looking for a great commuter location with plenty of room for your family? Look no further! AWESOME colonial with Farmer's Porch w/ 4 bedrooms and 2 full baths. The first level features kitchen, front to back LR to walk out rear deck, large DR 1st floor bedroom and large Bath with laundry area. Upper level features 2 generous sized bedrooms and huge unfinished attic space which if finished would make an excellent Master suite with bath. The lower level features an in law apartment with kitchenette , LR, bedroom and bath. This property is in a serene country setting on almost an half acre of land most of which is flat. This home has had newer septic system and recent roof. Septic system replaced 7 yrs ago. Title V attached.
Unit Size
1,866 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$128
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1954

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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 #72234548)

Price History

Date / Event Date Event Price
May 14, 2021 Sold
Premium
Sold
May 1, 2018 Sold
Premium
Sold
Sep 27, 2017 Listed by 1 Worcester Homes $239,000
Listed by 1 Worcester Homes
May 19, 1986 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 840
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,500
  • Total Building Area: 840
  • Gross Building Area: 2,004
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 840
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Oxford School District
  • School Tax School District: OXFORD SD
  • Census Tract: 753100

Zoning

  • Zoning: R3

Geography

  • Account Number: 17AF08
  • Parcel: OXFO M:17A B:F08
  • Block: F08
  • Municipality: OXFORD
  • Latitude: 42.1494
  • Longitude: -71.8659

    Address

  • Full Address: 15 Burbank St
  • Address - House Number: 15
  • Address - Street Name: Burbank
  • Address - Suffix Type: St
  • State: MA
  • City Name: Oxford
  • Carrier Code: R001
  • 4-Digit Zip Code: 1205
  • Zip Code: 01540

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $351,000

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 355,125
  • High Value: 425,971
  • Low Value: 284,278

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $260,400
  • Assessed Land Value: $79,400
  • Assessed Improvements Value: $181,000

    Sales

  • Current Sale Recording Date: May 19, 1986
  • Current Sale Price:
    Premium
  • Current 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 72234548

Frequently Asked Questions

When was property at 15 Bailey Road built and last sold?
The property at 15 Bailey Road was built in 1954 and last sold on Jan 1, 1970 for $79,900.
How much is this home worth?
The estimated value of the home located at 15 Bailey Road is $249,654.
What are some comparable homes to 15 Bailey Road?
There are currently no comparable homes to 15 Bailey Road.
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