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Worcester 01468
15 Orchard Lane
$136,500
● House - Off Market

15 Orchard Lane

Templeton, MA 01468
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,810 Ft²
$235,248
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Open concept home on a quiet cul-de-sac with large 1+ Acre country lot and stream feeding from East Templeton pond....  Property consists of 3 lots, lots are 223, 224 and 225 (see attached lot image) creating the perfect private country setting. Upgraded electrical, Mostly newer style windows, Large kitchen, 3-4 bedrooms, Enclosed porch with outside patio and garden area. Owner just recently had knob and tube wiring removed from basement.
Unit Size
1,810 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$82
Property Type
House
Property Taxes
$142
HOA Dues
-
Year Built
1900

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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 #72119990)

Price History

Date / Event Date Event Price
Oct 24, 2017 Sold
Premium
Sold
Feb 16, 2017 Listed by Abacus Real Estate Services $148,000
Listed by Abacus Real Estate Services
Dec 26, 2008 Sold
Premium
Sold
Sep 24, 2008 Listed by Abacus Real Estate Services $139,900
Listed by Abacus Real Estate Services
Aug 3, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 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: 13,068
  • Total Building Area: 1,360
  • Gross Building Area: 3,603
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • 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: 705102

Geography

  • Account Number: 189
  • Parcel: TEMP M:01-02 B:00223 L:00000
  • Block: 223
  • Municipality: TEMPLETON
  • Latitude: 42.564
  • Longitude: -72.0363

    Address

  • Full Address: 15 Orchard Ln
  • Address - House Number: 15
  • Address - Street Name: Orchard
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Templeton
  • Carrier Code: R002
  • 4-Digit Zip Code: 1460
  • Zip Code: 01468

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $299,100

    Appraisal Valuation

  • Standard Deviation: 0.1989
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 287,506
  • High Value: 344,713
  • Low Value: 230,298

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,500
  • Assessed Land Value: $40,800
  • Assessed Improvements Value: $190,700

    Sales

  • Current Sale Recording Date: Oct 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118083
  • Previous Sale Recording Date: Dec 26, 2008
  • Previous Sale Amount: $139,900
  • 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

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2400 ft²

Average Home Age

64.3 years

Currently For Sale

2080 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72119990

Frequently Asked Questions

When was property at 15 Orchard Lane built and last sold?
The property at 15 Orchard Lane was built in 1900 and last sold on Jan 1, 1970 for $136,500.
How much is this home worth?
The estimated value of the home located at 15 Orchard Lane is $167,204.
What are some comparable homes to 15 Orchard Lane?
There are currently no comparable homes to 15 Orchard Lane.
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