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Worcester 01543
15 Johnson Way
$160,000
● House - Off Market

15 Johnson Way

Rutland, MA 01543
bedrooms
2 Beds
bathrooms
1 Bath
square feet
500 Ft²
$171,552
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Why rent when you can buy.  Great 2 bedroom home with access to private beach and lake.  Great for fishing, swimming, boating.  Improvements include 1 yr old Viesmann Combination Heat & Hot Water, updated electric, replacement windows, new propane tank, new steps front and rear, new gutters, new front and back doors, new laminate floors front entrance and bathroom.  Seller to install tight tank prior to close.  Call today for a showing.
Unit Size
500 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$300
Property Type
House
Property Taxes
$160
HOA Dues
-
Year Built
1925

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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 years ago (MLSPIN #72847003)

Price History

Date / Event Date Event Price
Aug 27, 2021 Sold
Premium
Sold
Jun 9, 2021 Listed by Cedar Wood Realty Group $149,900
Listed by Cedar Wood Realty Group
Dec 4, 1997 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 24
  • 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: 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: 5,227
  • Total Building Area: 500
  • Gross Building Area: 1,206
  • Building Area: 500
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 500
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721104

Geography

  • Parcel: RUTL M:36-B B:C L:17
  • Block: C
  • Lot: 17
  • Municipality: RUTLAND
  • Latitude: 42.3412
  • Longitude: -71.9435

    Address

  • Full Address: 15 Johnson Way
  • Address - House Number: 15
  • Address - Street Name: Johnson
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Rutland
  • Carrier Code: R004
  • 4-Digit Zip Code: 2141
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $189,300

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 194,870
  • High Value: 233,112
  • Low Value: 156,629

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,000
  • Assessed Land Value: $68,500
  • Assessed Improvements Value: $69,500

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 120765
  • Previous Sale Recording Date: Dec 26, 2008
  • 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

58

Average Home Size

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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: 5 years ago
Data Source: MLS PIN, MLS# 72847003

Frequently Asked Questions

When was property at 15 Johnson Way built and last sold?
The property at 15 Johnson Way was built in 1925 and last sold on Aug 27, 2021 for $160,000.
How much is this home worth?
The estimated value of the home located at 15 Johnson Way is $0.
What are some comparable homes to 15 Johnson Way?
There are currently no comparable homes to 15 Johnson Way.
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